Market View: Seatrium net order book of S$25.8B; Boustead Singapore’s H2 net profit up 64%, China’s investment fund for semiconductor, Expectations on US PCE, Eurozone inflation numbers and more
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Singapore shares started the day on a stronger note, following European stocks’ overnight gains. In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,327.47 points after 41.8 million securities changed hands in the broader market. In terms of companies to watch for today, we have Seatrium, after the offshore and marine group achieved a current net order book of S$25.8 billion. Elsewhere from more on Boustead Singapore’s earnings to how China came up with a third fund totalling US$47.5 billion to boost its semiconductor sector, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.See omnystudio.com/listener for privacy information.