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.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong

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