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Market View: Tech-led sell off on Wall Street, NASDAQ, S&P 500’s worst session since 2022; LVMH Q2 sales and Bernard Arnault’s wealth; S-Reit Earnings; SK Hynix’s highest quarterly profit since 2018
Manage episode 430690700 series 2467889
Singapore shares started trading in negative territory today, mirroring overnight losses in the global market.
The Straits Times Index (STI) opened 0.6 per cent lower at 3,441.94 points after 41.4 million securities worth S$48.3 million changed hands.
In terms of companies to watch, we have Mapletree Logistics Trust. The trust’s distribution per unit (DPU) fell 8.9 per cent to S$0.02068 (2.068 Singapore cents) for its first quarter ended June.
Elsewhere, from the tech-fuelled sell-off on Wall Street overnight to SK Hynix posting its highest quarterly profit since 2018, more international headlines remain in focus.
Also on deck – and what LVMH’s latest earnings mean for founder Bernard Arnault.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.
See omnystudio.com/listener for privacy information.
3478 episodes
Market View: Tech-led sell off on Wall Street, NASDAQ, S&P 500’s worst session since 2022; LVMH Q2 sales and Bernard Arnault’s wealth; S-Reit Earnings; SK Hynix’s highest quarterly profit since 2018
The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian
Manage episode 430690700 series 2467889
Singapore shares started trading in negative territory today, mirroring overnight losses in the global market.
The Straits Times Index (STI) opened 0.6 per cent lower at 3,441.94 points after 41.4 million securities worth S$48.3 million changed hands.
In terms of companies to watch, we have Mapletree Logistics Trust. The trust’s distribution per unit (DPU) fell 8.9 per cent to S$0.02068 (2.068 Singapore cents) for its first quarter ended June.
Elsewhere, from the tech-fuelled sell-off on Wall Street overnight to SK Hynix posting its highest quarterly profit since 2018, more international headlines remain in focus.
Also on deck – and what LVMH’s latest earnings mean for founder Bernard Arnault.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.
See omnystudio.com/listener for privacy information.
3478 episodes
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