Market View: - SIA’s redemption of MCBs; The Place Holdings to sell 11% of New Vision Holding; SingPost’s 25% drop in 2H net profits; Banks’ net interest marginscould be past their peak - Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: - SIA’s redemption of MCBs; The Place Holdings to sell 11% of New Vision Holding; SingPost’s 25% drop in 2H net profits; Banks’ net interest marginscould be past their peak

Singapore shares opened slightly higher today after international markets ended mixed on news of US inflation cooling.

In early trade, the Straits Times Index increased by 0.03 per cent to 3,423.11 points, after 71.6 million shares were traded.

In terms of companies to watch, we have Singapore Airlines. The national flag carrier announced that it intends to redeem half of the mandatory convertible bonds (MCBs) it issued in June 2021.

Meanwhile, shares of The Place Holdings were heavily traded after the group said it is in talks to sell up to 11 per cent of New Vision Holding. Investors are also keeping tabs on a number of companies seeing developments today ranging from SingPost to CapitaLand Investment.

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital

In 2 playlist(s)

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Money Matters is your guide to navigating the day's most important topics, from politics and current…