Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: iFAST’s movements, DBS, Philip Securities lowered target prices on Sheng Siong; Outlook for CapitaLand group of companies; Vietnam’s textile and garment exports expected to fall 5.0-6.3% - is this in line with financials from Nike, Adidas, Zara?; S&P 500 in correction territory, implications for Singapore stock market

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Singapore stocks began trading in negative territory today after global equities finished the previous week mostly lower.

In early trade, the Straits Times Index declined 0.3 per cent to 3,052.35 points, after 23.1 million securities changed hands in the broader market.

In terms of companies to watch, we have CapitaLand Ascendas Reit, after the real estate investment trust (Reit) reported a slight increase in third quarter portfolio occupancy to 94.5 per cent. 

Meanwhile, from more developments surrounding SGX-listed firms to the S&P 500 falling into correction territory on Friday, stock movements are in focus today.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Chin Hui Leong, Co-founder, The Smart Investor.

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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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