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Market View: A look into latest financial results from Wilmar Group, Sheng Siong, CapitaLand China Trust; DBS upgrades iFast Corporation; China Evergrande reportedly held talks with holdout creditors; Amazon, Intel’s stellar earnings

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Singapore shares opened slightly higher today, led by gains from the trio of local banks and real estate investment trusts.

In early trade, the Straits Times Index (STI) headed up 0.1 per cent to 3,073.1 points, after 29.7 million securities changed hands in the broader market.

In terms of companies to watch today, we have Wilmar International, after the agribusiness group’s net profit for the third quarter ended September fell 59 per cent to US$313.9 million. 

Elsewhere, from more on SGX-listed companies such as CapitaLand China Trust, iFast and Sheng Siong, to news on China Evergrande  and the earnings season in the US, more corporate headlines are in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Willie Keng, Founder, Dividend Titan

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