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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Investors react to Trump’s State of the Union address; Japan’s Nikkei 225, South Korea’s KOSPI hit records; Positive sentiment returns to AI sector ahead of Nvidia’s earnings and after Anthropic’s product announcements; Genting Singapore, OCBC, SBS Transit, SIA, Ho Bee Land to watch
Description: Singapore shares dipped today as investors digest a slew of corporate earnings from blue chip companies in the country. The Straits Times Index was down 0.3% at 5,005.57 points at 2.41pm Singapore time, with a value turnover of S$1.46B seen in the broader market. In terms of counters to watch for today, we have Genting Singapore after the company yesterday reported a 30 per cent decline in net profit for the second half of its financial year to S$155.6 million, from S$222 million in the same year-ago period. Elsewhere, from investors’ reactions to US President Don...