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Market View: Singapore’s consumer prices held steady in November; Indonesia to sign trade tariff agreement with US in January; Nvidia reportedly aims to begin H200 chip shipments to China by mid-February; CapitaLand Investment, Ever Glory United to watch

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Singapore shares rose today to track gains seen in regional markets.

The Straits Times Index was up 0.39% at 4,628.44 points at 12.44pm Singapore time, with a value turnover of S$606.52M seen in the broader market.

In terms of counters to watch, we have CapitaLand Investment, after the firm said Bursa-listed CapitaLand Malaysia Trust (CLMT) has agreed to buy five high-specification industrial facilities in the Johor-Singapore Special Economic Zone for RM220.8 million (S$69.2 million). 

Meanwhile, from how Singapore’s consumer prices held steady in November, to how Indonesia is set to sign a trade tariff agreement with the US in January, with US tariffs on Indonesian goods set at 19 per cent, more economic and international headlines remained in focus.

Also on deck – how Nvidia reportedly told Chinese clients it aims to start shipping its second-most powerful AI chips to China before the Lunar New Year holiday in mid-February.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

 

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Your Way Home with Hongbin Jeong

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