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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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Manage episode 494759051 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 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.

See omnystudio.com/listener for privacy information.

  continue reading

4825 episodes

Artwork
iconShare
 
Manage episode 494759051 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 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.

See omnystudio.com/listener for privacy information.

  continue reading

4825 episodes

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