Market View: China Evergrande’s liquidation; Mapletree Pan Asia Commercial Trust, CapitaLand India Trust and CapitaLand China Trust’s DPU; Grab captures 55% of SEA food delivery market; Tencent’s Pony Ma on AI, video games; US Fed rate decision; Mega tech earnings; Elon Musk on Neuralink’s first human implant

Your Way Home with Hongbin Jeong · Jan 30, 2024 · 12m

Singapore shares started on a positive note today, mirroring Wall Street stocks’ overnight advances. In early trade, the Straits Times Index (STI) rose 0.4 per cent points to 3,253.14 points after 42.9 million shares changed hands in the broader market. In terms of companies to watch for today, we have Mapletree Pan Asia Commercial Trust. The trust’s distribution per unit (DPU) fell 9.1 per cent to S$0.022 (2.2 Singapore cents) for its third quarter ended Dec 31, 2023. Meanwhile, from expectations on the Fed’s messaging in its latest policy meeting to more on Elon Musk’s Neuralink, more…