Singapore shares opened on a strong footing today after US equities rallied overnight, with the Dow Jones posting a record high on signals of lower borrowing costs in 2024.

In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,124.90 points after 73.1 million securities changed hands in the broader market.

In terms of companies to watch, we have Sembcorp Industries, after the group said it was awarded a 300-megawatt solar project from NHPC, an enterprise of India’s government. 

Meanwhile, from the US Federal Reserve signalling three rate cuts in 2024, to news of Country Garden selling a small stake in a Dalian Wanda Unit, more international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

Singapore shares opened on a strong footing today after US equities rallied overnight, with the Dow Jones posting a record high on signals of lower borrowing costs in 2024.
In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,124.90 points after 73.1 million securities changed hands in the broader market.
In terms of companies to watch, we have Sembcorp Industries, after the group said it was awarded a 300-megawatt solar project from NHPC, an enterprise of India’s government. 
Meanwhile, from the US Federal Reserve signalling three rate cuts in 2024, to news of Country Garden selling a small stake in a Dalian Wanda Unit, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details 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 Fed holds rates, signals three cuts in 2024; Country Garden to sell small sake in Dalian Wanda unit; Manulife US Reit on approvals relating to recapitalisation plans; Sembcorp Industries awarded 300-megawatt solar project from India’s NHPC

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