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Market View: Global markets dive, oil prices surge on escalation in hostilities in Middle East; SIA shares down on Air India crash; OCBC’s mobile app hit by outage; AMD unveils new AI server for 2026; Wall Street analysts rush to up price targets on Pop M
Manage episode 488500572 series 2467889
Singapore shares fell today tracking the downbeat mood seen in global markets.
The Straits Times Index was down 0.42% at 3,905.65 points at 2.32pm Singapore time with a value turnover of S$805.82M seen in the broader market.
In terms of counters to watch today, we have Singapore Airlines. Shares of Singapore Airlines dived this morning after an Air India plane bound for London crashed yesterday. SIA holds a 25.1 per cent stake in the Indian flag carrier.
Elsewhere, from movements in global equities and oil prices amid heightened geopolitical tensions in the Middle East, to AMD unveiling a new artificial intelligence server for 2026 that aims to challenge Nvidia’s flagship offerings – more international and corporate headlines in focus.
Also on deck – how Wall Street analysts are rushing to raise price targets on Pop Mart International Group following the success of its Labubu dolls.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.
See omnystudio.com/listener for privacy information.
4655 episodes
Manage episode 488500572 series 2467889
Singapore shares fell today tracking the downbeat mood seen in global markets.
The Straits Times Index was down 0.42% at 3,905.65 points at 2.32pm Singapore time with a value turnover of S$805.82M seen in the broader market.
In terms of counters to watch today, we have Singapore Airlines. Shares of Singapore Airlines dived this morning after an Air India plane bound for London crashed yesterday. SIA holds a 25.1 per cent stake in the Indian flag carrier.
Elsewhere, from movements in global equities and oil prices amid heightened geopolitical tensions in the Middle East, to AMD unveiling a new artificial intelligence server for 2026 that aims to challenge Nvidia’s flagship offerings – more international and corporate headlines in focus.
Also on deck – how Wall Street analysts are rushing to raise price targets on Pop Mart International Group following the success of its Labubu dolls.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.
See omnystudio.com/listener for privacy information.
4655 episodes
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