1 November 2024
Market View: Levels to watch for US equities in Nov; Market reaction to US Sep PCE, BOJ rate decision; Earnings out of Amazon, Apple, Meta, Microsoft; Singtel hot stock of the day; Wilmar International’s Q3 net profit down 19% yoy and more
Singapore stocks began the morning trading in the negative territory, mirroring overnight losses in the global markets.
In early trade, the Straits Times Index (STI) fell 0.8 per cent to 3,530.16 points after 117.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel, after the Australian Competition and Consumer Commission filed court proceedings against Singtel’s subsidiary Optus Mobile over allegations of inappropriate sales conduct.
Elsewhere, from more on results out of tech behemoths Amazon and Apple, to how key levels to watch for US equities this month – more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.

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6 August 2024
Market View: Markets movements post global rout; Nikkei 225 up 10.24%; SGX movements; Sembcorp Industries earnings down 11% drop in net profit; Outlook for pure-play US office REITS in SG; BOJ’s monetary tightening draws criticism; Nvidia hits engineering snags; Co-founder of OpenAI leaves for rival Anthropic
Singapore equities began trading in positive territory today, following a global market rout with all three major Wall Street indices spending the entire day in the red.
In early trade, the Straits Times Index (STI) rose 0.8 per cent to 3,268.46 points, after 63.4 million securities changed hands in the broader market.
In terms of companies to watch, we have Sembcorp Industries after the energy company today posted an 11 per cent fall in net profit to S$540 million for the first half ended June, from S$608 million in the previous corresponding period.
Elsewhere, from how regional markets are performing a day after a sell-off triggered by the latest US nonfarm payrolls miss, to Open AI’s co-founder John Schulman leaving the firm for Anthropic – more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.

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16 July 2024
Market View: Dispelling this one misconception about stock market peaks
Stocks hit new records to kick off the week, driven by more positive comments from Federal Reserve Chairman, Jerome Powell, on cutting interest rates.
What does this mean for the strong performing tech sector? With more dovish comments on interest rates, what’s the outlook for US financials?
Lastly, there’s one misconception that could misguide investors.
Willie Keng speaks to Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund to dispel this myth about stock market peaks.

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19 June 2024
Market View: How Nvidia passed Microsoft in market cap to become the most valuable public company
Nvidia has passed Microsoft in market value to become the most valuable listed company. So what’s driving Nvidia’s trillion dollar market value and what are the risks and challenges for this tech giant?
Willie Keng speaks to Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund to find out more.
Plus, they discuss how the STI moved throughout the day and the biggest movers.

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21 May 2024
Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more
Singapore shares were little changed today following a mixed showing on Wall Street and slight gains in Europe overnight.
In early trade, the Straits Times Index headed down 0.02 per cent to 3,313.34 points, amid mixed trading among bank counters.
In terms of companies to watch, we have Singapore Airlines, after the national flag carrier signed an agreement with Indonesia flag carrier Garuda Indonesia to explore revenue sharing arrangements for flights between Indonesia and Singapore.
Elsewhere, from more on the endless shrimp dish at and mismanagement of US seafood restaurant chain Red Lobster, to Nvidia’s earnings potentially sparking a US$200 billion swing in shares, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.

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9 April 2024
Market View: US March inflation expectations; Trump Media & Technology Group down as much as 12% on Mon; Seatrium, Global Invacom registered losses for three straight years; Competition among SG, US, HK, London to attract IPOs; Cordlife on cryogenic storage tanks at risk of being affected by temperature excursions
Singapore equities started trading in positive territory today after global markets ended mixed overnight.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,224.06 points after 34.7 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium and Global Invacom. Both companies today filed notices that they each registered three consecutive years of losses based on audited full-year consolidated accounts.
Elsewhere, from competition for IPOs within major stock exchanges around the world to a lookahead to US inflation numbers – more international headlines remain in focus.
Also on deck – how Donald’s Trump’s media and technology firm the Trump Media & Technology Group fell as much as 12 percent yesterday.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.

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11 March 2024
Market View: US Feb non-farm payrolls; Japfa decline to comment on speculation of privatisation deal; CDL’s share buybacks; Singapore’s local business sentiment hits one-year high in 2Q2024; Chinese regulators asks large banks to enhance financing support for Chinese Vanke; Nintendo, Illumination says Mario will hit silver screen again in 2026
Singapore equities were pulled into negative territory this morning after global equities ended the prior week mixed.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,144.61 points after 23.4 million securities changed hands in the broader market.
In terms of companies to watch, we have Japfa after the agri-food company today refused to comment on speculations about a privatisation deal in a Mar 8 Bloomberg article.
Meanwhile, from more on Singapore’s local business sentiment to Chinese regulators asking large banks to support property developer Vanke, more local and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.

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12 December 2023
Money in the Market: What are the opportunities in US stocks?
Stocks in the US have risen, with investors anticipating the market's next move in light of the new inflation figures. Despite fears of a recession, the rally has been remarkably strong. With talks of a likely rate decrease in 2024, can the market's alleged "greed" continue to push stocks higher? On Money in the Market, Willie Keng speaks to Chong Ser Jing, Co-founder and Portfolio Manager at Compounder Fund, on the overview of the US stock market.

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31 March 2023
Alibaba Split: Logistics arm, Cainiao, eyes 2023 IPO, is this the first of many more to come?
Alibaba Group Holding’s logistics arm, Cainiao Network Technology, that is currently valued at more than $20 billion, has started preparations with banks for its Hong Kong initial public offering.
This comes after the Chinese tech giant announced that it will split its empire into six business unites.
Chinese tech stocks also jumped following the news.
It seems very vibrant now and is the a sign of easing of China's tech crackdown?
On Bigger Picture, Willie Keng finds out from Chong Ser Jing, Co-founder and portfolio manager of Compounder Fund.

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28 December 2022
Market View: Can you predict the financial markets going into 2023?
It has been a rough 12 months for markets across the world – rising rates, emerging market governments stumble into default, currencies suffer and double-digit losses in stocks and bonds alike - though many investors are optimistic that 2023 could bring some relief.
Could we have predicted all this? What can we as investors do?
Willie Keng speaks with Chong Ser Jing, Co-founder and portfolio manager of Compounder Fund on predictions, expectations and investment psychology for investors going into 2023!

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6 October 2022
Bigger Picture: How to invest in a volatile market
Market has come down, S&P 500 down 19 percent, NASDAQ down 25 percent since the start of this year. Chong Ser Jing, Co-Founder and Portfolio Manager, Compounder Fund discusses how one can invest in this volatile market.

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6 May 2021
Bigger Picture: Why Investing In Stocks Is A Lot Like Lending Your Friend Money
‘The Good Investors’ in collaboration with ‘The Woke Salaryman’ have come up with a relatable analogy about investing in stocks - lending money to your friend! Chong Ser Jing, Portfolio Manager and Co-Founder, Compounder Fund shares more about the similarities between how we invest in stocks, and how we determine if we should lend somebody money.

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