Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: US-Indonesia trade deal in focus; Hong Kong tech rally; Nvidia CEO Jensen Huang calls China’s open-source AI a “catalyst for global progress”; Lookahead to US PPI numbers; SIA, CDL to watch

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Singapore shares rose today as Asian markets traded mixed. 

The Straits Times Index was up 0.23% at 4,129.29 points at 1.08pm Singapore time, with a value turnover of S$700.73M seen in the broader market.

In terms of counters to watch, we have Singapore Airlines. The group’s operating results released yesterday showed the national carrier and its low-cost arm Scoot reported a 4.5 per cent year-on-year increase in passenger traffic in June. 

Elsewhere, from a trade deal reached between Indonesia and the US, to Nvidia CEO Jensen Huang calling China’s open-source artificial intelligence a “catalyst for global progress” as he addressed an expo in Beijing – more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

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Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
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