The Evening Runway with Elliott Danker, Timothy Go & Chua Tian Tian (4pm - 7pm)Market View: Jerome Powell on recent data and confidence needed to lower rates; Singapore’s March NODX down 20.7% yoy; ASML earnings down amid China-West tensions; Morgan Stanley reportedly planning to streamline operations in China; CDL sold 65 units at The Residences at W Sentosa Cove Singapore in a week; Keppel Pacific Oak US Reit’s Q1 distributable income down 8.8%
Singapore shares opened weaker today following overnight losses on European markets.
In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,143.14 points after 33 million securities changed hands in the broader market.
In terms of companies to watch for today, we have City Developments Ltd after its associate company Cityview Place sold 65 units at The Residences at W Sentosa Cove Singapore in a week.
This is more than the 58 units put on the market on the 9th of April.
Meanwhile from a deeper look at Singapore’s key export numbers to earnings from chipmaking equipment manufacturer ASML – more local and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.
