Latest / Your Way Home with Hongbin Jeong
Market View: India’s General Election, impact on Nifty 50, conglomerates like Tata, Adani; US Manufacturing ISM and concerns on economy; South Korea’s inflation cools in May; Intel’s new chip launch and more
Singapore equities began trading in negative territory today, following mixed performances from US stocks as investors tried to shake off economic concerns. In early trade, the Straits Times Index (STI) moved 0.1 per cent lower at 3,344.53 points after 27.5 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand Ascott Trust, after the stapled group acquired a remaining 10 per cent stake in a 678-bed freehold student accommodation property in South Carolina. Meanwhile, from more on India’s general election results and impact on the country’s…
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