Latest / Your Way Home with Hongbin Jeong
Market View: US retail sales; Lookahead to Nvidia’s annual developer conference, FOMC Meeting; Chinese tech stocks surged; Sembcorp Industries responds to report on talks of possible privatisation, asset sale; Shares of Nio up 16.7% on CATL partnership and more
Singapore shares rose today to track regional gains. The Straits Times Index was up 0.97% at 3,896.87 points at about 2pm (2.03pm), with a value turnover of S$759.89M in the broader market. In terms of companies to watch, we have Sembcorp Industries, after the company responded to a Bloomberg report, which said Sembcorp could be considering going private or selling assets as part of its strategic review of its business. Elsewhere, from a surge in Chinese tech firms today, to what to look out for at Nvidia’s annual developers conference held in San Jose – more international and…
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