Singapore stocks fell at the opening bell today after Wall Street equities ended mixed overnight.

In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,217.41 points as 92 million securities changed hands in the broader market. 

In terms of companies to watch today, we have Seatrium. That’s after the group announced a net order book of S$20 billion for the year to date following the confirmation of multiple projects.

Elsewhere, investors continue to keep a lookout on a number of developments out of the US ranging from slowing inflation and a new chief for Elon Musk’s Twitter. 

The US debt ceiling standoff is also in focus, after a report from real estate firm Zillow says mortgage payment on a typical home could be 22 per cent higher if the US defaults.

On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore stocks fell at the opening bell today after Wall Street equities ended mixed overnight.
In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,217.41 points as 92 million securities changed hands in the broader market. 
In terms of companies to watch today, we have Seatrium. That’s after the group announced a net order book of S$20 billion for the year to date following the confirmation of multiple projects.
Elsewhere, investors continue to keep a lookout on a number of developments out of the US ranging from slowing inflation and a new chief for Elon Musk’s Twitter. 
The US debt ceiling standoff is also in focus, after a report from real estate firm Zillow says mortgage payment on a typical home could be 22 per cent higher if the US defaults.
On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

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: Singapore stock market wrap; Seatrium’s net order book of S$20b; First Resources’ Q1 net profit down 73.8% yoy; US producer prices up 2.3% yoy in April, Elon Musk to step down as Twitter CEO; US mortgage rates could top 8% if US defaults

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