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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: US September PCE Price Index in focus tonight; Singapore retail sales up 4.5 per cent year on year in October; China chipmaker Moore Threads soars in Shanghai trading debut; Positioning one’s portfolio amid low yields for T-bills; Reserve Bank of India cuts key repo rate by 25bps; CapitaLand Ascott Trust, Sheng Siong Group, Sunpower Group to watch
Description: Singapore shares dipped today as investors remained laser focused on more US economic data due tonight. The Straits Times Index was down 0.22% at 4,525.19 points at 2.31pm Singapore time, with a value turnover of S$641.43M seen in the broader market. In terms of counters to watch, we have CapitaLand Ascott Trust and Sheng Siong Group. That’s given how the hospitality player and supermarket chain operator, respectively, will join the Straits Times Index’s (STI) reserve list after the December quarterly review. Elsewhere, from how Singapore retail sales grew 4.5 per cent year on year...