Singapore shares fell at the opening bell this morning, after a mixed performance in global markets.

In early trade, the Straits Times Index (STI) fell 0.3 per cent to 3,148.09 points after 56.6 million securities changed hands in the broader market.

In terms of companies to watch for today, we have OCBC, after the lender’s net profit for the fourth quarter ended Dec 31, 2023, rose 12 per cent to S$1.62 billion from S$1.44 billion a year prior.

Elsewhere from China’s thrifty shoppers creating new stock winners and losers to a lookahead to Fed officials comments and key economic indicators out of the US, more international headlines are in focus.

Also on deck – Apple’s move to give up on billions in potential revenue in abandoning plans for a self driving car.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.

Singapore shares fell at the opening bell this morning, after a mixed performance in global markets.
In early trade, the Straits Times Index (STI) fell 0.3 per cent to 3,148.09 points after 56.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have OCBC, after the lender’s net profit for the fourth quarter ended Dec 31, 2023, rose 12 per cent to S$1.62 billion from S$1.44 billion a year prior.
Elsewhere from China’s thrifty shoppers creating new stock winners and losers to a lookahead to Fed officials comments and key economic indicators out of the US, more international headlines are in focus.
Also on deck – Apple’s move to give up on billions in potential revenue in abandoning plans for a self driving car.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.

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: OCBC’s Q4 net profit up 12% yoy; Earnings from City Developments Limited, CapitaLand Investment, PropNex; Olam’s shares up 10% on earnings; China’s thrifty shoppers and impact on stock counters; US Q4 GDP, PCE Price Index expectations, Fed officials to speak; Apple gives up plans for self-driving car

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