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Market View: Sembcorp Marine’s merger with Keppel O&M, Stocks to watch in February, YKGI’s trading debut, US labour market adding over half a million jobs in January

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Singapore shares barely moved in early trade today following mixed activity in US and Europe markets.  

Some notable names seeing developments today included shipbuilding company Sembcorp Marine. It had reported an improvement in net debt to equity ratio from 0.53 times as at end September 2022 to 0.26 times as at end-2022. But what does this mean for Sembmarine, which is working towards a merger with Keppel O&M?

In terms of new listings, the operator of Yew Kee Duck Rice and bubble tea brand Chicha San Chen’s Singapore franchise, YKGI kicked off its trading debut today. But how has the company fared so far? 

Elsewhere, the US labour market added over half a million jobs in January, defying market expectations. But what’s next for the US economy?

On Market View, the Drive Time team posed these questions to David Kuo, Co-founder, The Smart Investor.

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