Latest / Your Way Home with Hongbin Jeong
Market View: How South Korean President Yoon Suk Yeol’s declaration and lifting of martial law decree changes the risk profile and outlook of assets in South Korea; MarcoPolo’s 2H net profit; Gold prices ahead of US jobs data, Fed Chair Jerome Powell’s speech and more
Singapore shares began the day trading in positive territory, even as investors noted the uncertainty in the region after South Korean President Yoon Suk Yeol lifted a martial law decree he had imposed the night before. In early trade, the Straits Times Index (STI) was up 0.2 per cent at 3,795.11 points after 44.9 million securities changed hands in the broader market. In terms of companies to watch, we have Marco Polo Marine, after the integrated marine logistics company’s net profit for the second half ended September fell 41.5 per cent on the year to S$10.7 million. Elsewhere, from more on…
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