Singapore shares were trading muted this morning, after global equities ended higher overnight on earnings optimism.
In early trade, the Straits Times Index (STI) was up by a marginal 0.04 per cent to 3,085.12 points after 41.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Sembcorp Industries, after its subsidiary Sembcorp Utilities signed a joint development study agreement with Indonesian utility company PT PLN to explore the feasibility of green hydrogen production in Indonesia for export to Singapore.
Aside from Sembcorp Industries, we do have a number of updates from S-REIT managers.
Further away, a slew of earnings out of Coca-Cola, Verizon and 3M fuelled optimism for the US reporting season, but what can we expect looking ahead?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.