3 December 2024
Market View: Your daily market commentary of what's happening in Singapore and around the world

Listen To His Previous Podcasts:

20 November 2024
Market View: Nvidia’s earnings preview; Trump set to interview Warsh, Rowan for Treasury Secretary post; Asia’s performance amid prospect of escalation of Russia-Ukraine war; Bitcoin breaks US$94,000 mark; Keppel DC Reit and CapitaLand movements
Singapore stocks began trading higher this morning following a mixed performance in world indices.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,764.11 points after 108.8 million securities changed hands in the broader market.
In terms of companies to watch today, we have Keppel DC Real Estate Investment Trust, after the Reit closed its private placement at S$2.09 apiece with 334.9 million new units issued.
Elsewhere, from more on investors' sentiment against the prospect of an escalation in the Russia-Ukraine war, to how US President-elect Donald Trump is reportedly set to interview former Federal Reserve Governor Kevin Warsh and Apollo Global Management CEO Marc Rowan for the Treasury Secretary post – more international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Dan Chang, Investment Specialist and Trading Representative, PhillipCapital.

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6 November 2024
Market View: How will US elections impact the SG market going forward?
Singapore shares began the day trading in positive territory, mirroring overnight gains in markets abroad. The STI ended the day in the green as well, closing up 0.6%.
With investors taking a close a look at the US presidential election, which is in full swing, how will the Singapore markets be impacted by the ongoing US elections? And what’s driving AI startup valuations?
On Market View, Willie Keng speaks to Dan Chang, Investment Specialist and Trading Representative, PhillipCapital, to find out more on the latest market movements.

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23 October 2024
Market View: Nvidia on a record high - Is the AI-hype back?
Singapore shares began trading in positive territory this morning as overseas markets saw mixed results overnight. And it ended the day in the green as well, closing up 0.4%. In global markets, China and Hong Kong markets continue to see an uptick in trading volume, while Nvidia is on investors’ radar with share prices hitting a record this week. On Market View, Hongbin Jeong speaks to Dan Chang, Investment Specialist and Trading Representative, PhillipCapital to find out more about the latest market movements.

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22 October 2024
Market View: Will Singapore markets see a 'Santa Claus' rally?
The Straits Times Index finally went on a rally above the 3600 level, notching up a weekly gain of almost 1.9%, in the aftermath of the stimulus measures from China,
The “assault” on the 17-year high of 3,906 continues, and if that 3,906 number is taken out, it would be the highest level that the STI has been in 17 years.
Dan Chang, Investment Specialist and Trading Representative at PhillipCapital, shares with us more about the velocity of this rally, discusses if breaking the 17-year high is possible and if Singapore markets are set for the end-year 'Santa Claus' rally.

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15 October 2024
Market View: Trading Nvidia at record highs? Here's what you need to know...
Nvidia's shares hit a record high of $138.07 on October 14, 2024, driven by strong AI chip demand and positive analyst reports. In addition, Nvidia's top customers, such as Microsoft, Meta, Google and Amazon, have been unveiling technologies and products that require hefty investment in the chip maker's products.
With demand for Nvidia’s Hopper and Blackwell platforms remaining strong, many analysts have maintained their "buy" ratings, raising price targets on Nvidia with expectations for more success.
Dan Chang, Investment Specialist and Trading Representative at PhillipCapital, gives his take about this explosion to the upside, and includes a technical analysis as well as his suggested trading plan.

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27 September 2024
Market View: China optimism is surging. How is it affecting Singapore stocks?
Chinese tech stocks are hitting highs not seen in more than a year after China’s central bank announced measures to stimulate the world’s second-largest economy.
The central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch stimulus assault to pull economic growth back towards this year's roughly 5 per cent target. More fiscal measures are expected to be announced before China's week-long holidays starting on Oct. 1. The CSI 300 rallied nearly 15% this week and Hong Kong’s Hang Seng index is set for its best week since 1998.
Dan Chang, Investment Specialist and Trading Representative at PhillipCapital, tells us about the Chinese stimulus measures' impact on the Singapore market and what he is looking forward to in the days ahead.

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15 August 2024
Market View: Can we see some S-REITs spring a rally in the near future?
The Straits Times Index rose this morning, after US and Europe indices finished in positive territory overnight, opening in the green at 0.3 percent higher. To close the day, the STI closed up 0.9%
Meanwhile, markets in the region today saw a positive rally after the economic data out from the US boosted sentiment.The largely anticipated US inflation data, which showed year-on-year core consumer prices in July rose at the slowest pace since 2021. Does this now confirm a September rate cut? What does this mean for our S-REITs?
To find out more, on Market View, Hongbin Jeong speaks to Dan Chang, Trading Rep at Phillip Securities.

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21 June 2024
Market View: Call of the week
Dan Chang, Investment Specialist at Philip Capital, and Sean Cheong break down some of the week's market stories across US, Asian and Singapore markets.
Dan also explains why Seatrium (SGX: 5E2) is his call of the week.

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7 June 2024
Market View: Call of the Week
Dan Chang, Investment Specialist, PhilipCapital, breaks down with Sean Cheong the biggest stories in the markets this week and explains why Frencken (E28) is his call of the week.

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26 April 2024
Market Wrap: The latest on S-REITs earnings
On The Afternoon Update, Hongbin Jeong is joined by Dan Chang C S, Trading Rep, Phillip Securities, for a market wrap of the week. They discussed how the STI fared in the past week, the biggest movers, a look-back on the slew of S-REITs earnings results, and what to expect in the rest of the earnings season.

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12 April 2024
Market Wrap: Is Seatrium a sinking ship or a hidden treasure?
On The Afternoon Update, Hongbin Jeong is joined by Dan Chang C S, Trading Rep, Phillip Securities, for a market wrap for the week. They discuss how the STI performed in the past week, whether it was a quiet week given a midweek holiday, biggest movers on the STI, what’s been moving Seatirum shares, and what to look out for in the latest earnings season.

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22 March 2024
Market Wrap: Are shares of Singtel on a winning streak?
Last week, everyone was buzzing about Singtel. And this week, it announced the launch of GPU-as-a-Service in Singapore and South-east Asia in the third quarter of 2024. Most importantly, Singtel will be among the world’s first to deploy Nvidia’s GB200 Grace Blackwell Superchips upon receiving them in early 2025. So are shares of Singtel riding the AI-frenzy? And can we see further upside of the stock?
On The Afternoon Update, Hongbin Jeong is joined by Dan Chang C S, Trading Rep, Phillip Securities for a market wrap of the week, where they dive in deeper on Singtel. They also discuss other biggest movers on the STI, the latest slew of interest rate decisions from major global central banks, and whether there are any SGX-listed stock picks that stand to benefit from the latest interest rate decisions.

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15 March 2024
Market Wrap: What does the inclusion of Frasers Centrepoint Trust mean for the STI?
Frasers Centrepoint Trust will be added to the STI effective from Monday (18 March). This now brings the total number of S-REITs in the STI to seven. Does this mean the overall performance of S-REITs will have a bigger impact on the movement of the STI? Will this inclusion drive FCT shares higher? What kind of investment returns can we expect?
On The Afternoon Update, Hongbin Jeong speaks to Dan Chang C S, Trading Rep, Phillip Securities, for a market wrap of the week. They also discuss some of the 16 Singapore-listed stocks that have booked net retail inflow over the past 10 weeks, including CapitaLand Integrated Commercial Trust and Medtecs International Corporation.

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12 March 2024
Bigger Picture: What's the play for investors in the AI market?
Dan Chang, Investment Specialist, Phillip Securities, compares the current AI revolution to phenomena of the past; where opportunities in the market lie in the chips and REITs spaces and how investors should approach them.
Presented by Ryan Huang
Podcast edited by Emaad Akhtar (eakhtar@sph.com.sg)

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23 February 2024
Market Wrap: Why investors weren’t impressed with UOB, SIA and Genting Singapore’s latest earnings
Earnings season is well underway here in Singapore. UOB delivered robust profits in 2023 and increased its final dividend payout for the year, but investors weren’t pleased. Shares of UOB tumbled after the announcement. Singapore Airlines and Genting Singapore also missed earnings estimates. But iFast Corp was a brightspot with its Q4 net profit surging more than 900%. On The Afternoon Update, Hongbin Jeong speaks to Dan Chang C S, Trading Rep, Phillip Securities, to find out more about the latest earnings results as well as how the STI fared in the past week on Market View’s Market Wrap of the Week.

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