Singapore shares opened on a positive note today after Wall Street equities ended mixed overnight.

The Straits Times Index gained 0.2 per cent in early trade to 3,231.92 points after 40.1 million securities changed hands.

In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust. That’s because a partial offer by VolareGroup to acquire an additional 10 per cent of the Reit has been declared unconditional in all respects. 

We’re also tracking Lippo Malls Indonesia Retail Trust after Fitch Ratings downgraded the trust’s long-term issuer default ratings from CCC+ to CCC.

On Market View, the Drive Time team unpacked the developments with Terence Wong, CEO, Azure Capital.

Singapore shares opened on a positive note today after Wall Street equities ended mixed overnight.
The Straits Times Index gained 0.2 per cent in early trade to 3,231.92 points after 40.1 million securities changed hands.
In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust. That’s because a partial offer by Volare Group to acquire an additional 10 per cent of the Reit has been declared unconditional in all respects. 
We’re also tracking Lippo Malls Indonesia Retail Trust after Fitch Ratings downgraded the trust’s long-term issuer default ratings from CCC+ to CCC.
On Market View, the Drive Time team unpacked the developments with Terence Wong, CEO, Azure Capital.

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: Sabana Industrial Real Estate Investment Trust’s partial offer by Volare Group declared unconditional; Fitch Ratings downgraded Lippo Malls Indonesia Retail Trust to CCC; Japan’s economy narrowly avoided recession in 4Q; Clues from US Federal Reserve’s Beige Book; Jobs report expectations; Likelihood of 50bps Fed rate hike in March

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