Latest / Your Way Home with Hongbin Jeong
Market View: Latest US ADP data shows 32,000 posts lost in November; Nvidia and Gain AI Act; Paramount reportedly hikes Warner Bros breakup fee to US$5 billion; Ship rates spiking 467% marks upended trade across commodities; DFI Retail Group, Singapore Land Group to watch
Singapore shares dipped today despite gains seen on Wall Street overnight. The Straits Times Index was down 0.31% at 4,540.41 points at 11.58am Singapore time, with a value turnover of S$505.89M seen in the broader market. In terms of counters to watch, we have DFI Retail Group, after the supermarket and retail store operator unveiled a three-year strategic road map targeting double-digit profit growth and a higher dividend payout, as it moves to leverage its scale and digital capabilities. Elsewhere, from a breakdown of the latest US ADP jobs report, to more on Nvidia and the so-called Gain…
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