Market View: Sheng Siong’s expansion in China; Frasers Centrepoint Trust’s divestment; Singapore’s headline inflation; China’s property stocks down the most in 9 months; Amazon to invest up to US$4 billion in cash in AI startup Anthropic

Your Way Home with Hongbin Jeong · Sep 25, 2023 · 9m

Singapore shares fell today, after Wall Street and Europe closed lower the week before amid concerns over prolonged elevated global interest rates. In early trade, the Straits Times Index (STI) dropped 0.2 per cent to 3,199.12 points after 35.4 million securities changed hands in the broader market.. In terms of companies to watch for today, we have Frasers Centrepoint Trust after its trustee has agreed to divest 143.9 million units in Malaysia’s Hektar Real Estate Investment Trust (Hektar Reit). Meanwhile from more on Sheng Siong to Singapore’s headline inflation numbers and to China’s…