Market View: STI performance amid global tensions; SIA’s passenger numbers up 20.7% yoy; China’s GDP grew 5.4% in Jan-Mar; TSMC’s expected to report 5% rise in Q1 profits; Billions up for grabs in Tokyo’s real estate sector, driving attention of activist

The Evening Runway with Elliott Danker, Timothy Go and Chua Tian Tian

Singapore stocks fell at the opening bell this morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East.

In early trade, the Straits Times Index (STI) fell 0.3 per cent to 3,175.63 points after 39.3 million securities changed hands in the broader market.

In terms of companies to watch, Singapore Airlines, after the national carrier and its low-cost arm Scoot together moved 3.3 million passengers in March, up 20.7 per cent from the previous year.

Elsewhere from more on TSMC’s earnings to China’s Q1 GDP numbers, more corporate and international headlines remain in focus.

Glad to unpack the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.

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