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Market View: Foxconn expects 40% share of global AI severs market; Donald Trump convicted, impact on Trump Media & Technology Group; US PCE index expectations; Mapletree Pan Asia Commercial Trust, Old Chang Kee, Nio, AEM and more
Singapore stocks started the day marginally higher, after global markets closed mixed overnight. In early trade, the Straits Times Index (STI) rose 0.02 per cent to 3,324.02 points after 73.7 million securities changed hands in the broader market. In terms of companies to watch today, we have Mapletree Pan Asia Commercial Trust. The real estate investment trust is divesting Mapletree Anson, a 19-storey office building in Tanjong Pagar, for S$775 million. Elsewhere, from Foxconn eyeing a 40 per cent share of the global AI server market, to Donald Trump convicted on all charges in his hush…
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