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Market View: SGX RegCo on Dasin Retail Trust; Oxley’s profit guidance; Spikes in tomato, onion prices in India amid El Nino induced poor weather conditions; Softbank’s Arm files for NASDAQ IPO; S&P Global Ratings dimming outlook on US banks
Singapore stocks opened stronger today following overnight gains on the global market. In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,162.71 points after 32.3 million securities changed hands in the broader market. In terms of companies to watch for today, we have Dasin Retail Trust after the Singapore Exchange Regulation issued a “trade with caution” alert for the trust yesterday. Meanwhile, from India’s soaring food prices amid harsh weather conditions to computer chip company Arm filing for a NASDAQ listing, and S&P joining Moody’s in dimming its outlook on US banks –…
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