Market View: Singapore key exports down 15.5% yoy in June; ESR Logos Reits dismisses “speculation” of financial distress; S-Reits earnings expected to be muted; China’s GDP up 0.8% on-quarter in Apr-June, 6.3% higher on-year in Q2; Evergrande’s earnings

Your Way Home with Hongbin Jeong · Jul 17, 2023 · 17m

Singapore shares started the day lower, after global markets ended the previous winning week on a muted note. In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,240.71 points after 92 million securities changed hands in the broader market. In terms of companies to watch for today, we have ESR Logos Reit. The Reit’s manager had on Friday said that its proposed divestment of seven non-core assets is in line with its strategy. It also dismissed “speculation or insinuation” of financial distress. Elsewhere, from Singapore’s key export numbers to S-Reit earnings and to…