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Market View: Hatten Land and Quantum Healthcare’s leasing agreement; Securities turnover on SGX up 23% m-o-m in May; Banking sector outlook; US CPI data release; Central bank actions in focus - China cuts short term borrowing costs; Fed, ECB, BoJ rate decisions
Singapore shares opened lower today in contrast to largely positive trading sessions in the global markets. The Straits Times Index (STI) was down 0.2 per cent to 3,189.22 points in early trade after 65.1 million securities changed hands. In terms of companies to watch for today, we have Hatten Land and Quantum Healthcare. The Catalist-listed medical group has signed a tenancy agreement to occupy 138,769 square feet of rental space at Hatten Land’s Imperio Mall@Hatten City in Melaka, Malaysia. Meanwhile, a series of central bank actions in Europe, Japan are set to take the centre stage this…
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