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Market View: Talks of trade deals between US and EU, US and South Korea; ECB rate decision in focus; SK Hynix posts record quarterly profit, up 69% yoy in Q2; ST Engineering, Mapletree Logistics Trust, S-Reits to watch

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Manage episode 496243771 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Singapore shares rose today to track a mostly positive day in Asia.

The Straits Times Index was up 0.8% at 4,264.94 points at 2.12pm Singapore time, with a value turnover of S$1.09B seen in the broader market.

In terms of companies to watch, we have ST Engineering, after the group announced yesterday that it won new contracts valued at S$4.7 billion in Q2 of this year.

These comprise S$1.5 billion from the commercial aerospace segment, S$1.5 billion from the defence and public security segment and S$1.7 billion from the urban solutions and satcom segment.

Elsewhere, from talks that the European Union is edging towards a trade agreement with the US, to Nvidia supplier SK Hynix posting record quarterly profits today – more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

See omnystudio.com/listener for privacy information.

  continue reading

4867 episodes

Artwork
iconShare
 
Manage episode 496243771 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Singapore shares rose today to track a mostly positive day in Asia.

The Straits Times Index was up 0.8% at 4,264.94 points at 2.12pm Singapore time, with a value turnover of S$1.09B seen in the broader market.

In terms of companies to watch, we have ST Engineering, after the group announced yesterday that it won new contracts valued at S$4.7 billion in Q2 of this year.

These comprise S$1.5 billion from the commercial aerospace segment, S$1.5 billion from the defence and public security segment and S$1.7 billion from the urban solutions and satcom segment.

Elsewhere, from talks that the European Union is edging towards a trade agreement with the US, to Nvidia supplier SK Hynix posting record quarterly profits today – more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

See omnystudio.com/listener for privacy information.

  continue reading

4867 episodes

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