Singapore shares started the day in the negative territory, after global markets ended mixed overnight.

In early trade, the Straits Times Index (STI) shed 0.5 per cent to 3,170.68 points after 42.1 million securities were transacted in the broader market.

In terms of companies to watch for today, we have Olam Group, after the company’s proposed initial public offering of its agribusiness unit is no longer expected to be completed by H1 2023 or ahead of the summer holiday period as originally planned. 

Meanwhile, from a slew of factory output data out of Asia, to Tesla Chief Elon Musk’s visit to China and Nvidia surpassing US$1 trillion market valuation, regional headlines continue to remain on the top of minds of investors.

On Market View, the Drive Time team unpacked these developments with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management.

Singapore shares started the day in the negative territory, after global markets ended mixed overnight.
In early trade, the Straits Times Index (STI) shed 0.5 per cent to 3,170.68 points after 42.1 million securities were transacted in the broader market.
In terms of companies to watch for today, we have Olam Group, after the company’s proposed initial public offering of its agribusiness unit is no longer expected to be completed by H1 2023 or ahead of the summer holiday period as originally planned. 
Meanwhile, from a slew of factory output data out of Asia, to Tesla Chief Elon Musk’s visit to China and Nvidia surpassing US$1 trillion market valuation, regional headlines continue to remain on the top of minds of investors.
On Market View, the Drive Time team unpacked these developments with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management.

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: Olam Agri’s IPO delayed; Proposed privatisation of Challenger Technologies; Aims Apac Reit’s equity fundraising exercise; China, South Korea and Japan’s factory output data; Tesla’s Elon Musk in Beijing; Nvidia surpasses US$1t market cap

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