Singapore stocks began trading in muted tones this morning, mirroring the cautious sentiment on global markets where investors await key inflation data.

In early trade, the Straits Times Index (STI) rose 0.01 per cent to 3,303.85 points, after 52.5 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Thai Beverage, after the beverage manufacturer yesterday reported a 4.9 per cent drop in net profit to seven billion baht (S$257 million) for its second quarter ended 31 March 2024. 

Elsewhere from Haidilao’s restaurant operator Super Hi’s billion dollar valuation target for its US IPO to a deep dive into comments by US Federal Reserve officials and April’s US CPI expectations, more international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

Singapore stocks began trading in muted tones this morning, mirroring the cautious sentiment on global markets where investors await key inflation data.
In early trade, the Straits Times Index (STI) rose 0.01 per cent to 3,303.85 points, after 52.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Thai Beverage, after the beverage manufacturer yesterday reported a 4.9 per cent drop in net profit to seven billion baht (S$257 million) for its second quarter ended 31 March 2024. 
Elsewhere from Haidilao’s restaurant operator Super Hi’s billion dollar valuation target for its US IPO to a deep dive into comments by US Federal Reserve officials and April’s US CPI expectations, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

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.

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