Singapore shares fell this morning after global markets closed mostly flat or lower overnight.

In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,318.56 points, after 19.2 million securities changed hands in the broader market.

In terms of companies to watch, Nanofilm Technologies fell 9.1 per cent after the company announced a 40 per cent fall in revenue for the first fiscal quarter yesterday.

Keppel Reit is also in focus after posting a 6.7 per cent on-year drop in distributable income from operations for the first quarter ended March. 

Elsewhere, investors continue to fret over the inflation outlook in the US, while mixed US corporate earnings also provided little cheer for market participants. 

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

Singapore shares fell this morning after global markets closed mostly flat or lower overnight.
In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,318.56 points, after 19.2 million securities changed hands in the broader market.
In terms of companies to watch, Nanofilm Technologies fell 9.1 per cent after the company announced a 40 per cent fall in revenue for the first fiscal quarter yesterday.
Keppel Reit is also in focus after posting a 6.7 per cent on-year drop in distributable income from operations for the first quarter ended March. 
Elsewhere, investors continue to fret over the inflation outlook in the US, while mixed US corporate earnings also provided little cheer for market participants. 
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

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:  US economy stalled in recent weeks; Mixed earnings from IBM, Morgan Stanley and Tesla; Alibaba’s Freshippo and a possible Hong Kong IPO; Keppel Reit’s distributable income down 6.7% yoy

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