Singapore stocks opened lower today. The Straits Times Index dropped 0.2 per cent in early trade to 3,351.85 points after 71.5 million securities changed hands.
Some notable names seeing new developments today include UOL Group and Singapore Land Group, which purchased Meyer Park for S$392.18 million via a collective sale. But what would this mean for both companies?
Elsewhere, China’s consumer inflation accelerated last month. CPI was up 2.1% on a yearly basis, higher than the 1.8% increase in December. What’s the country’s recovery story looking like?
On Market View, the Drive Time team posed these questions to Benjamin Goh, Head of Research and Investor Education, SIAS.