Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: China’s government reportedly considering suspending 125% tariffs on some US imports; Results from Intel, Alphabet; IMF cuts GDP growth forecast for Singapore this year; SIA’s partnership with OpenAI; CapitaLand Integrated Commercial Trust, Suntec REIT to watch
Singapore shares were little moved today, after ending the previous session flat.
The Straits Times Index was up 0.07% at 3,834.77 points at about 12.26pm Singapore time with a value turnover of S$801.09M in the broader market.
In terms of counters to watch today, we have CapitaLand Integrated Commercial Trust after it posted net property income (NPI) of S$291.5 million for Q1 FY2025, a 0.8 per cent drop from the previous corresponding period.
Elsewhere, from China reportedly considering suspending its 125 per cent tariff on some US imports to how Singapore Airlines has partnered OpenAI to develop and execute generative AI solutions for the airline – more international and corporate headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.
