The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)

Market View: Market sentiment ahead of US Trump-Harris presidential debate; US banks’ capital requirements; Battle of the smartphone makers – Apple, Huawei and more; China’s exports grew at fastest pace since March 2023, imports missed forecasts and more

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Singapore shares began the day trading in positive territory, mirroring overnight gains in global markets. 

In early trade, the Straits Times Index (STI) climbed 0.5 per cent to 3,512.12 points after 47.2 million securities changed hands in the broader market. 

In terms of companies to watch, we have Centurion, after the accommodation assets operator said its indirect wholly owned subsidiary will set up two joint venture companies with Xiamen City Home Apartment Management to retrofit and manage Build-To-Rent residential housing in Xiamen, China. 

Elsewhere from Apple and Huawei unveiling new smartphones to market sentiment ahead of the first Trump-Harris presidential debate tonight – more corporate and international headlines remain in focus.

Also on deck – China’s export numbers and Alibaba’s inclusion on the Stock Connect Programme linking Shanghai and Shenzhen bourses to the Hong Kong exchange.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Khoon Goh, Head of Asia Research at ANZ.

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The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)

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