Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: Trump’s remarks on Panama Canal, Greenland; Big techs roll out red carpet for Trump; AWS to invest US$11b in Georgia; DBS shares reach S$45 for the first time; Micron to invest US$7b in Woodlands advanced packaging site; Shares of Centurion hits all-time high amid plans that it is exploring a REIT listing and more
Singapore shares started trading in positive territory this morning, even as global markets ended the previous day mixed.
The Straits Times Index (STI) opened 0.2 per cent higher at 3,836.94 points after 28.1 million securities changed hands in the broader market.
In terms of companies to watch, we have Centurion, after the accommodation assets operator said yesterday that it is exploring the establishment of a real estate investment trust (Reit) comprising some of its workers and student accommodation assets.
Elsewhere, from Micron investing US$7 billion in Woodlands advanced packaging site, to Samsung Q4 profit outlook missing estimates by a large margin, more corporate and international headlines remain in focus.
Also on deck – big techs rolling out the red carpet for US president-elect Donald Trump and Amazon Web Services’ plan to invest US$11 billion in Georgia.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.
