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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Oil surges above US$100 again as Iraq halts ports, IEA release fails to quell rally; Asian markets skid on rising oil prices; SGX’s February performance hits highest securities daily average value in six years; Nissan, Uber, Wayve unveil robotaxi tie-up; China reportedly orders immediate ban on March fuel exports; Del Monte Pacific, UI Boustead Reit to watch
Description: Singapore shares dipped today as investors closely monitor developments out of the Middle East. The Straits Times Index was 0.46% lower at 4,841.35 points at 2.19pm Singapore time, with a value turnover of S$1.15B seen across the broader market. In terms of counters to watch, we have Del Monte Pacific. The food and beverage group posted yesterday a net profit of US$10 million for the three months ended Jan 31, over three times that of the US$2.5 million in the same year-ago period. Elsewhere, from how the Singapore Exchange announced that its February performance had th...