Singapore stocks opened stronger today, following overnight gains on global markets amid rate cut hopes.

In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,148.31 points after  61.4 million securities changed hands in the broader market.

In terms of companies to watch today, we have DFI Retail Group. The group posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022. 

Meanwhile, from more on the European Central Bank’s latest decision to keep interest rates at current levels to Boeing set to make safety and quality a bigger metric for employee bonuses, more international headlines are in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

Singapore stocks opened stronger today, following overnight gains on global markets amid rate cut hopes.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,148.31 points after  61.4 million securities changed hands in the broader market.
In terms of companies to watch today, we have DFI Retail Group. The group posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022. 
Meanwhile, from more on the European Central Bank’s latest decision to keep interest rates at current levels to Boeing set to make safety and quality a bigger metric for employee bonuses, more international headlines are in focus. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets &amp; Investor Education), SIAS.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: DFI Retail Group’s earnings up 437%; Hongkong Land reports full year loss of US$582.3m; Mandarin Oriental International’s underlying profit up 966%; ECB holds rates, Christine Lagarde hints at June rate cut; US President Joe Biden vows to raise taxes on wealthy Americans, large companies, Boeing to make safety a bigger metric for employee bonuses

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