Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: TSMC logs forecast beating 60% surge in quarterly profits; Tokyo’s trade negotiations with the US, Powell’s comments in focus; Stargate reportedly weighing future investment in the UK; Singapore’s NODX up 5.4% yoy in March; CapitaLand Investments’ launches its first Reit in China; Keppel DC Reit’s Q1 DPU up 14.2% yoy
Singapore stocks moved higher today, tracking gains across Asian markets.
The Straits Times Index rose 1.26% to 3,708.44 points at about 2.18pm Singapore time with a value turnover of S$872.35M in the broader market.
In terms of companies to watch, we have CapitaLand Investment, after the real estate investment manager announced that it intends to launch its first real estate investment trust (Reit) in China, to be named CapitaLand Commercial C-Reit.
Elsewhere, from how Taiwan Semiconductor Manufacturing Company logged a forecast-beating 60 per cent leap in quarterly profit to project Stargate reportedly weighing a future investment in the UK – more corporate and international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.
