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

Market View: Single’s Day Sales, expectations ahead of Alibaba, JD.com’s earnings; Grab beats expectations, returns to the black,CapitaLand Integrated Commercial Trust divests 21 Collyer Quay; Tesla’s stock up 39% since US Presidential elections and more

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Singapore stocks started trading in negative territory this morning, despite global markets logging overnight gains.

The Straits Times Index (STI) opened 0.2 per cent lower at 3,730.59 points after 48.2 million securities changed hands in the broader market.

In terms of companies to watch, we have CapitaLand Integrated Commercial Trust, after the REIT’s manager today announced that the trust has divested 21 Collyer Quay, an office asset in Raffles Place, for S$688 million to a third party. 

Elsewhere, from Grab returning to profit in Q3, to more on expectations of earnings by Chinese e-commerce giants Alibaba and JD.com post Single’s Day sales  – more corporate and international headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

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

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