Latest / Your Way Home with Hongbin Jeong
Market View: DBS’s green loan to ComfortDelGro, sale of shophouses; Wilmar International subsidiary’s tank terminal facility hit by missile; Sheng Siong’s capital allocation priorities; SGX earnings season; Tencent shares rallies most since Feb; Tesla cuts prices, Chery Automobile Thailand plant; US earnings lookahead
Singapore shares inched up at the opening bell this morning, eking out a gain despite subdued performance in global markets. In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,180.07 points after 38 million securities changed hands in the broader market. In terms of companies to watch, we have DBS. The bank has put up for sale a portfolio of 46 HDB shop and shophouse units, and private strata retail units with a total guide price of about S$210 million. Elsewhere, from a lookahead to the latest earnings season in Singapore and the US, to Tencent Holdings staging their…
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