Singapore shares declined in early trade today after the country’s non-oil domestic exports posted worse-than-expected performance and the US market reported losses amid interest rate concerns.

The Straits Times Index fell 0.2 per cent in early trade to 3,303.14 points after 31.4 million securities changed hands. 

Some notable names seeing new developments today include Sembcorp Marine and Keppel Corporation. 

If you recall, Sembmarine’s shareholders voted overwhelmingly for the merger with Keppel Corp’s offshore and marine unit, with over 95 per cent of votes cast in favour of the proposal. 

On Market View, the Drive Time team took a closer look at the developments for the day with  Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore shares declined in early trade today after the country’s non-oil domestic exports posted worse-than-expected performance and the US market reported losses amid interest rate concerns.
The Straits Times Index fell 0.2 per cent in early trade to 3,303.14 points after 31.4 million securities changed hands. 
Some notable names seeing new developments today include Sembcorp Marine and Keppel Corporation. 
If you recall, Sembmarine’s shareholders voted overwhelmingly for the merger with Keppel Corp’s offshore and marine unit, with over 95 per cent of votes cast in favour of the proposal. 
On Market View, the Drive Time team took a closer look at the developments for the day 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, Singapore’s NODX tumbled 25% yoy, ESR Logos Reit down 7.1% in early trade after private placement exercise, Over 95% SembMarine shareholders voted for merger with Keppel O&M, GoTo bringing forward its profitability targets by a year

Advertisement