Singapore shares fell at the opening bell today despite overnight gains in European markets.

In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,223.59 points after 27 million securities changed hands in the broader market.

In terms of companies to watch, we have for you  Sembcorp Industries (U96): 

The energy company posted a 15 per cent year-on-year rise in net profit to S$412 million for the second half of the year ended Dec 31, 2023. 

Elsewhere from China lowering its five-year loan prime rate, to Japanese companies posting record quarterly profits – more international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

Singapore shares fell at the opening bell today despite overnight gains in European markets.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,223.59 points after 27 million securities changed hands in the broader market.
In terms of companies to watch, we have for you  Sembcorp Industries (U96): 
The energy company posted a 15 per cent year-on-year rise in net profit to S$412 million for the second half of the year ended Dec 31, 2023. 
Elsewhere from China lowering its five-year loan prime rate, to Japanese companies posting record quarterly profits – more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

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: Sembcorp Industries’ 15% yoy  rise in net profit; Grab and Gojek reportedly restart merger talks; China lowers 5Y loan prime rate; Japanese firms log record quarterly profits; Toyota Motor affiliate reportedly cheated on engine emission tests; What to watch at ECB’s non-monetary policy meeting

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