Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: Nvidia’s earnings lookahead, Shares of BYD extend losses amid sweeping price cuts; Yen rose against the greenback after BoJ’s boss signals intention to raise rates if economy performs as expected; EU, China trade officials said to meet again early next month; HSBC culls over two dozen analysts; Sembcorp to watch
Singapore shares nudged higher today as traders in the region struggled for direction.
The Straits Times Index was up 0.24% at 3,884.95 points at about 2.32pm Singapore time, with a value turnover of S$476.31M seen in the broader market.
In terms of companies to watch, we have Sembcorp, after the group said yesterday that its subsidiary Sembcorp Utilities entered an agreement with several of its South-east Asian counterparts to explore exporting renewable energy from Vietnam into Malaysia and Singapore.
Elsewhere, from shares of BYD extending losses in Hong Kong as sweeping price cuts stoked concerns of another wave of discounting in China’s electric car market, to what to watch ahead of Nvidia’s earnings out tomorrow – more corporate and international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Willie Keng, Founder, DividendTitan.com
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Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)
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