Market View: SIA’s passenger traffic in October up 24.5% yoy; Biden, Xi on fentanyl, dialogue about AI; Barclays attracts strong investor orders for AT1 sale; SpaceX receives approval for second launch of Starship rocket

Your Way Home with Hongbin Jeong · Nov 16, 2023 · 11m

Singapore stocks opened weaker today amid heavy trading on real estate investment trusts and declines among index counters. In early trade, the Straits Times Index (STI) headed down 0.5 per cent to 3,115.97 points after 52.6 million securities changed hands in the broader market. In terms of companies to watch, we have Singapore Airlines. The national carrier yesterday posted a 24.5 per cent year-on-year increase in passenger traffic in October, amid robust passenger traffic across all its route regions. Elsewhere from SpaceX receiving approval for the second launch of its groundbreaking…