Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Meta, Microsoft, Apple, Amazon’s earnings, March’s US PCE Price Index in focus; Singapore’s growth outlook turns more cautious; Local lenders take advantage of recent weakness in share prices to buy stock; Yangzijiang Financial Holding, ST Engineering to watch; Airbus reaches final agreement with Spirit AeroSystems Holdings on asset takeover

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Singapore shares dipped today as markets in the region traded mixed. 

The Straits Times Index was down 0.31% at 3,811.77 points at about 1.32pm Singapore time with a value turnover of S$569.50M seen in the broader market.

In terms of companies to watch, we have Yangzijiang Financial Holding because Yangzijiang Financial is exploring the possibility of spinning off its maritime investment segment into a newly incorporated company to be listed separately on the mainboard of the Singapore Exchange. 

Meanwhile, from Singapore’s growth outlook turning more cautious in the Monetary Authority of Singapore’s twice-yearly Macroeconomic Report, to Airbus reaching a final agreement to take over some assets and sites from Spirit AeroSystems Holdings – more economic and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, 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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