Latest / Your Way Home with Hongbin Jeong
Market View: Fed Governor Christopher Waller’s comments; Berkshire’s Charlie Munger died aged 99; Manulife US Reit’s recapitalisation plan; Chinese stock investors ploughing money into ETFs at fastest pace on record; TikTok reportedly in process of obtaining e-commerce permit from Indonesia’s government
Singapore shares started trading in positive territory today, tracking gains in the US and Europe markets. In early trade, the Straits Times Index (STI) was up by 0.5 per cent at 3,220.76 points as 51.3 million securities changed hands in the broader market. In terms of companies to watch, we have Manulife US Reit, after it requested a trading halt this morning after releasing details of its recapitalisation plan, along with additional plans to reduce the Reit’s leverage. Elsewhere from Chinese investors ploughing money into ETFs to the death of Warren Buffet’s right-hand man Charlie Munger…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.