Singapore stocks rose this morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates.

In early trade, the Straits Times Index (STI) gained 0.3 per cent to 3,147.35 points after 48.7 million securities changed hands across the broader market.

In terms of companies to watch, we have Keppel Pacific Oak US Reit, which declared no distribution for the second half year ended December, as part of its recapitalisation plan that suspends distribution for two years. 

Meanwhile from more on Singapore’s GDP growth to its NODX numbers – local headlines are in focus today. 

Also on deck – Airbus earnings and also how a surge in TSMC shares pushed Taiwan’s Taiex to a record high. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

Singapore stocks rose this morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates.
In early trade, the Straits Times Index (STI) gained 0.3 per cent to 3,147.35 points after 48.7 million securities changed hands across the broader market.
In terms of companies to watch, we have Keppel Pacific Oak US Reit, which declared no distribution for the second half year ended December, as part of its recapitalisation plan that suspends distribution for two years. 
Meanwhile from more on Singapore’s GDP growth to its NODX numbers – local headlines are in focus today. 
Also on deck – Airbus earnings and also how a surge in TSMC shares pushed Taiwan’s Taiex to a record high. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director 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: SG NODX and GDP numbers; Keppel Pacific Oak US Reit down over 30%; SG Budget expectations; Taiex jumped to record high on TSMC surge; Airbus earnings and delivery plans; Well-known funds jumped into Nvidia at end of 2023

Advertisement