Latest / Your Way Home with Hongbin Jeong
Market View: China’s GDP grew at slowest since early 2023 in Q3; PBOC kicks off two funding scheme to pump as much as 800b yuan into stock market initially; Gold prices topped US$2,700 an ounce on escalating conflicts in Middle East; TSMC shares in Taipei hit record high; SGXRegCo lifts moratorium on UOB Kay Hian’s; Keppel DC REIT’s Q3 DPU up 0.4% yoy
Singapore shares started trading in positive territory today, mirroring overnight gains in the Europe market. In early trade, the Straits Times Index (STI) was 0.1 per cent higher at 3,628.32 points after 41.6 million securities changed hands in the broader market. In terms of companies to watch today, we have UOB Kay Hian, after the Singapore Exchange Regulation yesterday lifted the brokerage’s moratorium, which restricted it from managing submissions for fresh initial public offerings (IPO) and reverse takeovers (RTO). Elsewhere from China’s economy growing at the slowest pace since early…
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