Market View: Tokyo consumer prices up 2.6% in Nov, implications for BOJ; HSBC reportedly pulling back from credit card business in China; Chinese EV makers face resistance in European EV market; IHH Healthcare’s Q3 net profit; Nam Cheong hot stock of the day; Digital Core Reit clarifies on Frankfurt data centre stake acquisition

Your Way Home with Hongbin Jeong · Nov 29, 2024 · 15m

Singapore stocks were trading in negative territory today, following continued worries regarding US president-elect Donald Trump’s tariff threats. In early trade, the Straits Times Index (STI) declined 0.4 per cent to 3,721.78 points after 27.3 million securities changed hands in the broader market. In terms of companies to watch today, we have IHH Healthcare, after the private healthcare group said yesterday that net profit for its third quarter ended September was RM534 million (S$161.5 million), almost flat from RM532 million the year before. Elsewhere, from more on Tokyo’s latest…