Market View: Keppel Land divests 100% stake in Greenfield Development; Thomson Medical Group’s shares hit two-week high on news of possible acquisitions and collaborations; China’s ‘two Sessions’; Outgoing Premier Li Keqiang on ‘around 5 per cent’ growth for 2023; US Fed Chair Jerome Powell to testify before the Senate Banking Committee

Your Way Home with Hongbin Jeong · Mar 6, 2023 · 11m

Singapore stocks rose today following gains in the US and Europe. The Straits Times Index was up 0.2 per cent to 3,236.9 points in early trade after 102.5 million securities worth S$29.2 million changed hands. Some companies seeing new developments include Keppel Corp. Its property arm Keppel Land is divesting its full 100 per cent interest in a company that owns the right to build and operate a hotel in Myanmar. Another company to watch would be Thomson Medical Group with shares hitting a two-week high today. On Market View, the Drive Time team deep dived into the details with David Kuo…