The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)Market View: Japan’s economy fell faster than expected in Q3 vs Yen’s rally; Google’s Gemini AI model; November’s nonfarm payrolls expectations;From Vertex Spac to 17Live Group; Thomson Medical gets extension to restore public float; Sasseur Reit subsidiary’s extension of loan
Singapore stocks were pulled into positive territory today. That’s amid overnight gains on Wall Street, with the Nasdaq ending sharply higher, supported by heavy-weight tech stocks.
In early trade, the Straits Times Index (STI) added 0.5 per cent to 3,090.02 points after 104.8 million securities changed hands in the broader market.
In terms of companies to watch today, we have Vertex SPAC. The first special-purpose acquisition company of Singapore begins trading as 17Live Group today upon the completion of its business combination.
Elsewhere from Japan’s economy falling faster than initially expected in the third quarter, to Google’s latest AI model for consumers, and expectations for November’s US non-farm payrolls, more international headlines remain 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.
