Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Trump, Biden debate over golf and politics, implications on Trump Media; French elections, implications on euro; Del Monte’s net loss for Q4 widens; SIA CEO Goh Choon Phong’s S$8.1M salary; Japan’s Q1 GDP revised down and more

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Singapore shares started trading in the negative territory today after global equities ended lower last week.

The Straits Times Index (STI) opened 0.1 per cent lower at 3,330.07 points after 144.9 million securities changed hands in the broader market.

In terms of companies to watch, we have Del Monte Pacific, after the Philippine food and beverage maker posted a net loss of US$76.7 million for the fourth quarter ended Apr 30, 2024, widening from the same period last year.

Elsewhere from Japan downgrading its Q1 GDP numbers, to more on SIA CEO Goh Choon Phong’s pay – more international and corporate headlines remain in focus. 

Also on deck – how Trump and Biden debate over golf and politics and the possible repercussions on equity markets and Trump Media, and concerns over the euro amid elections in France. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

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Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
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