11 June 2024
Market View: Apple and OpenAI’s partnership vs Elon Musk; Movements ahead of US FOMC, CPI; SIA’s compensation for passengers of turbulence-hit SQ321 flight; Hyundai reportedly planning IPO for India unit as soon as this month and more
Singapore shares began trading in positive territory today, after US stocks inched up overnight.
In the morning, the Straits Times Index (STI) opened 0.2 per cent higher at 3,328.91 points after 47.1 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Seatrium after the firm announced that its director Lai Chung Han will resign on the 30th of June.
Elsewhere, from more on SIA and compensation for affected passengers on the turbulence hit SQ321 flight, to Apple and Open AI’s partnership to bring ChatGPT technology to the phone maker’s devices, more corporate headlines are in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Prashant Dagur, Investment Counselor Team Lead at Citi Private Bank.

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