Singapore shares rose today as investors continue to monitor trade and geopolitical uncertainties around the world.
The Straits Times Index inched 0.35% higher at 3,908.69 points to 2pm, with a value turnover of S$685.11M in the broader market.
In terms of counters to watch, we have ST Engineering after its Group CEO Vincent Chong said at the firm’s company investor day held yesterday that the group is targeting S$17 billion in revenue and improved net profit margin that outpaces its top-line increases by up to five percentage points annually over the next five years.
Elsewhere, from Indonesia’s GoTo Gojek’s response to rumours of a Grab buyout, to Singapore Airlines set to get a first quarter boost from Lady Gaga’s Asia-exclusive concerts set to take place in Singapore – more international and corporate headlines remain in focus.
Also on deck — economists’ forecast for Singapore’s growth, the Bank of Japan’s rate decision, as well as more on OpenAI’s first Stargate site.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
See omnystudio.com/listener for privacy information.
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By MONEY FM 89.3Singapore shares rose today as investors continue to monitor trade and geopolitical uncertainties around the world.
The Straits Times Index inched 0.35% higher at 3,908.69 points to 2pm, with a value turnover of S$685.11M in the broader market.
In terms of counters to watch, we have ST Engineering after its Group CEO Vincent Chong said at the firm’s company investor day held yesterday that the group is targeting S$17 billion in revenue and improved net profit margin that outpaces its top-line increases by up to five percentage points annually over the next five years.
Elsewhere, from Indonesia’s GoTo Gojek’s response to rumours of a Grab buyout, to Singapore Airlines set to get a first quarter boost from Lady Gaga’s Asia-exclusive concerts set to take place in Singapore – more international and corporate headlines remain in focus.
Also on deck — economists’ forecast for Singapore’s growth, the Bank of Japan’s rate decision, as well as more on OpenAI’s first Stargate site.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
See omnystudio.com/listener for privacy information.
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