Singapore shares opened in the positive territory, although global equities fell overnight. And it extended the rally throughout the day to close up 0.6%. In the rest of Asia, stocks traded mixed as investors awaited for the Federal Reserve to kick off its monetary loosening cycle. But what will a rate cut by the US mean for Singapore? What sectors should investors be watching out for?
On Market View, Hongbin Jeong speaks to Thilan Wickramasinghe, Head of Equity Research, Maybank Securities to find out more. They also discuss Singapore’s key exports data, Malaysian glove makers, Amazon, gold prices and F1.