Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Asian stocks battle to hold ground abit fallout from Wall Street; One last look at Tesla before its earnings release; Air India on taking Boeing planes rejected by Chinese carriers; Roche’s US$50 billion in the US; S-Reits, Frasers Centrepoint Trust to watch

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Singapore shares rose today, tracking gains seen in the previous session. 

The Straits Times Index was up 0.95% at 3,795.06 points at 2.35pm Singapore time with a value turnover of S$965.10M in the broader market.

In terms of counters to watch for today, we have Frasers Centrepoint Trust after the trust’s manager said yesterday that its preferential offering was 24.8 per cent oversubscribed. 

Meanwhile, from market expectations ahead of Tesla’s Q1 earnings release, to how Swiss pharmaceutical giant Roche said it would invest US$50 billion in the US over the next five years – more corporate and international headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.

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Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
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