Singapore stocks opened weaker today following a mixed performance in the US and in Europe.

In early trade, the Straits Times Index (STI) was down 0.4 per cent to 3,448.59 points after 38.8 million securities changed hands in the broader market.

In terms of companies to watch, we have Hutchison Port Holdings Trust after the port operator today reported a 66.6 per cent on-year increase in earnings for the first half of 2024 to HK$158.1 million (S$27.2 million).  

Meanwhile, from the mixed batch of US earnings overnight, to the outlook for US policy post-election and impact on mega caps like Tesla, as well as implications on the king dollar, more international headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.

Singapore stocks opened weaker today following a mixed performance in the US and in Europe.
In early trade, the Straits Times Index (STI) was down 0.4 per cent to 3,448.59 points after 38.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Hutchison Port Holdings Trust after the port operator today reported a 66.6 per cent on-year increase in earnings for the first half of 2024 to HK$158.1 million (S$27.2 million).  
Meanwhile, from the mixed batch of US earnings overnight, to the outlook for US policy post-election and impact on mega caps like Tesla, as well as implications on the king dollar, more international headlines remain in focus. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Mixed earnings from Visa, Tesla, Google’s Alphabet; US political uncertainties on mega caps like Tesla, on USD; OpenAI’s safety leader works on new research project; South Korea’s appetite for luxury goods; Sabana REIT’s DPU down 16.8% yoy; Hutchison Port Holdings’ earnings

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