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Market View: Intel to cut over 5% of workforce; US tech earnings, Apple beats forecast; Disappointing US data, lookahead to nonfarm payrolls release; OCBC Q2 net profit up 14%; Seatrium marks turnaround with net profit of S$36 million for 1H

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Manage episode 432017535 series 2467889
Contenuto fornito da SPH Radio and MONEY FM 89.3. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da SPH Radio and MONEY FM 89.3 o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Singapore stocks started trading in negative territory today, tracking losses in the global market overnight.

The Straits Times Index (STI) opened 1 per cent lower at 3,387.11 points after 59.8 million securities changed hands in the broader market.

In terms of companies to watch today, we have OCBC after the bank’s net profit for the second quarter ended June rose 14 per cent to S$1.94 billion, up from S$1.71 billion in the previous corresponding period.

Meanwhile, from disappointing data on the US economy to Apple’s latest earnings, and news of Intel cutting over 15 percent of its workforce, more corporate and international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

See omnystudio.com/listener for privacy information.

  continue reading

3677 episodi

Artwork
iconCondividi
 
Manage episode 432017535 series 2467889
Contenuto fornito da SPH Radio and MONEY FM 89.3. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da SPH Radio and MONEY FM 89.3 o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Singapore stocks started trading in negative territory today, tracking losses in the global market overnight.

The Straits Times Index (STI) opened 1 per cent lower at 3,387.11 points after 59.8 million securities changed hands in the broader market.

In terms of companies to watch today, we have OCBC after the bank’s net profit for the second quarter ended June rose 14 per cent to S$1.94 billion, up from S$1.71 billion in the previous corresponding period.

Meanwhile, from disappointing data on the US economy to Apple’s latest earnings, and news of Intel cutting over 15 percent of its workforce, more corporate and international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

See omnystudio.com/listener for privacy information.

  continue reading

3677 episodi

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