Market View: Sembcorp Utilities and PT PLN to explore feasibility of green hydrogen production in Indonesia; DPU numbers out from Mapletree Logistics Trust, Frasers Centrepoint Trust, Far East Hospitality Trust; Vietnam reportedly planning to relax stock market settlement procedures; US Earnings, Meta and IBM set to report

Your Way Home with Hongbin Jeong · Oct 25, 2023 · 9m

Singapore shares were trading muted this morning, after global equities ended higher overnight on earnings optimism. In early trade, the Straits Times Index (STI) was up by a marginal 0.04 per cent to 3,085.12 points after 41.9 million securities changed hands in the broader market. In terms of companies to watch, we have Sembcorp Industries, after its subsidiary Sembcorp Utilities signed a joint development study agreement with Indonesian utility company PT PLN to explore the feasibility of green hydrogen production in Indonesia for export to Singapore. Aside from Sembcorp Industries, we do…