Market View: SG Reits earnings, Tokyo Disney Resort’s 320 billion yen expansion; Apple reportedly developing homegrown AI chips

The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian

Singapore stocks entered this morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks.

In early trade, the Straits Times Index headed down 0.2 per cent to 3,309.13 points after 21 million securities changed hands in the broader market.

In terms of companies to watch, we have Frasers Logistics & Commercial Trust. Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348.

Meanwhile, from more on Tokyo Disney Resort’s S$2.8 billion expansion to Apple reportedly developing its homegrown chip to run AI tools in data centres, more corporate and international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carmen Lee, Head of OCBC Investment Research.

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