Latest / Your Way Home with Hongbin Jeong
Market View: Earnings lookahead - SREITs, UOI, IBM, Coca Cola, Boeing, Tesla, Amazon, SK Hynix; Gold prices scale record; Bitcoin up on ETF inflows; SingPost, CD, Sabana Reit; Malaysia GDP up 5.3% yoy in Jul-Sep period
Singapore shares began the day trading nearly flat despite weekend gains in markets abroad. In early trade, the Straits Times Index (STI) dipped 0.04 per cent to 3,638.6 points after 40.1 million securities changed hands in the broader market. In terms of companies to watch, we have City Developments Ltd, after the developer said late yesterday that its residential project Norwood Grand sold 292 or 84 per cent of its 348 units over its launch weekend at an average selling price of S$2,067 per square foot. Elsewhere, from Bitcoin pushing higher today amid a spurt of inflows into…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.