Singapore shares dipped earlier today as regional markets traded mixed.
The Straits Times Index was down 0.1% at 4,541.61 points at 2.07pm Singapore time, with a value turnover of S$647.57M seen in the broader market.
In terms of companies to watch, we have ST Engineering, after its wholly owned unit agreed to sell its entire 49 per cent interest in Shanghai Technologies Aerospace Company (Starco) for a 680.5 million yuan cash consideration.
Elsewhere, from how Singapore’s key exports expanded by 22.2 per cent year on year in October, to how Japan’s economy shrank almost 2 per cent in the three months through September, more economic and international headlines remained in focus.
Plus, what heightened China-Japan tensions mean for Japanese tourism and retail counters today, as well as a look ahead to Nvidia and Walmart’s earnings out mid-week.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.
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