Singapore equities began trading in the positive territory today, after all three major US indexes ended the week significantly higher.
In early trade, the Straits Times Index (STI) edged up 0.3 per cent to 3,346.29 points after 189.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Nio. The Chinese electric carmaker delivered a record high monthly delivery of 20,544 cars in May 2024, which represents a 233.8 per cent year-on-year increase.
Elsewhere, from more on Advanced Micro Devices speeding up introductions of new AI processors to Indonesia’s latest inflation numbers, more corporate and international headlines remain in focus.
Also on deck – why Rolex watches in the UK are now becoming more expensive.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.