Latest / Your Way Home with Hongbin Jeong
Market View: Profit taking in the US, Walmart’s sales up 3.8% on the quarter, Gazelle Ventures’s offer to acquire No Signboard’s shares; HK’s tech driven rally and more
Singapore stocks began trading this morning in slightly positive territory, despite a retreat in global markets. In early trade, Straits Times Index (STI) rose 0.2 per cent to 3,311.44 points after 36.6 million securities changed hands in the broader market. In terms of companies to watch today, we have NetLink NBN Trust. The trustee-manager of fibre network infrastructure provider yesterday announced a distribution per unit (DPU) of S$0.0265 (2.65 Singapore cents) for the second half of its fiscal year ended March, up 1.1 per cent from the year-ago period. Elsewhere, from how Microsoft plans…
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