Latest / Your Way Home with Hongbin Jeong
Market View: How would a US blockade of the Strait of Hormuz work?; Oil prices jump above US$100; Gold tumbles amid rising inflationary risks; Singapore may tighten monetary policy as oil shock lifts prices; Katrina Group, CapitaLand Investment to watch
Singapore shares slid today after no agreement was reached between the US and Iran in peace talks held over the weekend. The Straits Times Index was down 0.21% at 4,978.89 points at 2.45pm Singapore time, with a value turnover of S$855.70M seen in the broader market. In terms of counters to watch, we have Katrina Group, after the Catalist-listed company on Friday said independent auditors from EY raised uncertainties in the company’s ability to continue as a going concern. Elsewhere, from how the US would impose a blockade in the Strait of Hormuz and what this would mean for investors…
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