Latest / Your Way Home with Hongbin Jeong
Market View: Impact of US Presidential debate on Wall Street, Bitcoin; OpenAI reportedly planning to release “Strawberry”; Singapore’s full year economic growth forecast rises to 2.6% for 2024; Mapletree Logistics Trust, Del Monte Pacific, What to watch ahead of US CPI and PPI numbers
Singapore shares began the day trading in positive territory, mirroring overnight gains in Wall Street. In early trade, the Straits Times Index (STI) climbed 0.4 per cent to 3,525.04 points after 24 million securities worth S$62 million changed hands in the broader market. In terms of companies to watch today, we have Del Monte Pacific. The Philippine food and beverage maker sank deeper into the red in the first quarter ended July with a net loss of US$34.2 million, widening from a loss of US$13.1 million in the year-ago period. Elsewhere, from private economists' growth forecast for…
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