Market View: US CPI up 3.2% yoy in October, cooler than expected; Golden Agri-Resources, Delfi’s earnings; Japan GDP contracted at annualised pace of 2.1% in Q3; Better-than-expected Chinese industrial output and retail sales; Nvidia shares extends gains for 10th straight session

Your Way Home with Hongbin Jeong · Nov 15, 2023 · 10m

Singapore stocks opened stronger today tracking overnight gains on global markets. In early trade, the Straits Times Index rose 1.3 per cent to 3,144.71 points after 85.2 million securities changed hands in the broader market. In terms of companies to watch, we have palm oil company Golden Agri-Resources. The firm posted a 25 per cent decline in net profit the third quarter ended Sep 30 to US$68 million, from US$90 million in the same period a year earlier. Elsewhere from more on US inflation cooling less than expected to Japan’s GDP contracting on the back of falling business spending and…