Juncheong Too, Moomoo Financial Singapore
Juncheong Too, Moomoo Financial Singapore
15 November 2024
Market View: Your daily market commentary of what's happening in Singapore and around the world
Listen To His Previous Podcasts:
16 October 2024
Market View: Sell off in ASML shares amid disappointing 2025 forecast, Impact on US, European, Asian markets, TSMC, Tokyo Electron, Advantest; STI movements; SIA’s passenger capacity for Sep up 9.7%; CDL Hospitality Trusts acquiring upscale boutique hotel in Exeter; Food Innovator Holdings’ IPO on SGX Catalist; Qualcomm vs Intel; Trump’s crypto platform’s launch
Singapore stocks began the day trading in positive territory, despite overnight losses in markets abroad.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,603.31 points after 53.8 million securities changed hands in the broader market.
In terms of companies to watch today, we have Singapore Airlines, after SIA Group’s passenger capacity for September rose 9.7 per cent, outpacing the month’s 7.7 per cent passenger traffic growth.
Elsewhere from a selloff in global technology stocks amid disappointing guidance from Dutch chip giant ASML, to news of Qualcomm likely waiting for the US election before deciding a move on Intel, more corporate headlines remain in focus.
Also on deck – how former US President Donald Trump’s cryptocurrency platform World Liberty Financial had a faltering sales launch.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
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11 September 2024
Market View: Impact of US Presidential debate on Wall Street, Bitcoin; OpenAI reportedly planning to release “Strawberry”; Singapore’s full year economic growth forecast rises to 2.6% for 2024; Mapletree Logistics Trust, Del Monte Pacific, What to watch ahead of US CPI and PPI numbers
Singapore shares began the day trading in positive territory, mirroring overnight gains in Wall Street.
In early trade, the Straits Times Index (STI) climbed 0.4 per cent to 3,525.04 points after 24 million securities worth S$62 million changed hands in the broader market.
In terms of companies to watch today, we have Del Monte Pacific. The Philippine food and beverage maker sank deeper into the red in the first quarter ended July with a net loss of US$34.2 million, widening from a loss of US$13.1 million in the year-ago period.
Elsewhere, from private economists' growth forecast for Singapore’s economy this year to the impact of the US Presidential debate on US equities and Bitcoin prices, more local and international headlines remain in focus.
Also on deck – what to watch tonight when the latest US inflation numbers come in.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
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14 August 2024
Market View: US PPI a pleasant surprise - Will the US CPI give the same?
Singapore shares opened higher this morning, after US and Europe indices rallied overnight. And it continued the rally throughout the day, with the STI closing 0.85% higher.
Meanwhile, stocks in Asia gained as markets did get a piece of good news on Tuesday when the producer price index report showed cooler inflation than expected. The consumer price index report on Wednesday could similarly fuel trading moves in the upcoming session. So what can we expect from the CPI?
On Market View, Hongbin Jeong speaks to Too Jun Cheong, Assistant Dealing Manager, Moomoo Singapore, to find out more about the incoming data.
They also discuss how Japanese markets reacted to Prime Minister Fumio Kishida’s decision not to run for a second term, and whether the worst is over for NVIDIA after its surge in the past four sessions.
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31 July 2024
Market View: Microsoft’s disappoints on cloud revenue front; HSBC’s US$3b share buyback; Airbus unveils sharply lower Q2 profits; Great Eastern’s net profit up 45% yoy; SG earnings to watch; Last look expectations ahead of US FOMC meeting
Singapore stocks started trading in positive territory today, after Wall Street’s mixed performance overnight.
The Straits Times Index (STI) opened 0.3 per cent higher at 3,452.23 points after 21.9 million securities changed hands in the broader market.
In terms of companies to watch today, we have Great Eastern after the insurer today posted a 45 per cent year-on-year increase in net profit to S$280.4 million for the second quarter ended Jun 30, from S$193.2 million.
Elsewhere, from Microsoft’s earnings out overnight, to Airbus’s profits falling sharply in Q2 – more corporate headlines are in focus. Also on deck – HSBC’s US$3 billion share buyback.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
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17 July 2024
Market View: Small caps, big returns: What’s driving small-cap performance?
Small-cap stocks have recently surged, taking over from large-cap tech stocks as leaders in the current bull market rally.
The Russell 2000 index rose 3.5%, reaching its highest level since January 2022. Over the past month, the Russell 2000 has gained 12.8%, significantly outperforming the S&P 500.
What’s driving small-cap performance? And what key indicators should traders and investors watch to gauge small-cap performance?
Willie Keng speaks to Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore to find out.
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14 June 2024
Market View: Microsoft will not roll out AI-powered “Recall”; Singtel’s Optus Mobile to defend proceedings filed by ACMA; Soilbuild Construction’s shares hit 5-year high on Tuas contract wins; BoJ holds rates, to reduce bond buying and more
Singapore equities began trading in negative territory today, mirroring overnight losses in Europe.
In the morning, the Straits Times Index (STI) opened 0.2 per cent lower at 3,319.11 points with 18.1 million securities having changed hands.
In terms of companies to watch today, we have Soilbuild Construction. Shares hit a 5-year high early on after the group announced that it had bagged a S$647.5 million Tuas Port construction contract the day before.
Elsewhere, from more on how Singtel’s Optus Mobile intends to defend proceedings filed by the Australian Communications and Media Authority regarding a 2022 cyberattack, to the Bank of Japan dialling down on its bond buying programme, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
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7 June 2024
Market View: ECB’s first rate cut in 5 years; US nonfarm payrolls; Boeing’s departing CEO to testify before US Senate; MSCI China climbed 24% from January low; Nio’s adjusted net loss widens in Q1 and more
Singapore equities began trading in positive territory today, as US investors awaited crucial payrolls data and mull the European Central Bank’s move to cut lending rates.
The Straits Times Index (STI) opened 0.2 per cent higher at 3,336.22 points after 27.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have Shanghai-based electric vehicle (EV) maker Nio, after its adjusted net loss widened by 18.1 per cent to 4.9 billion yuan (S$911.7 million) in the first fiscal quarter.
Elsewhere, from more on the European Central Bank’s first rate cut in five years to Boeing’s departing CEO set to testify before the US Senate on issues surrounding the planemaker’s safety crisis, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
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31 May 2024
Market View: Foxconn expects 40% share of global AI severs market; Donald Trump convicted, impact on Trump Media & Technology Group; US PCE index expectations; Mapletree Pan Asia Commercial Trust, Old Chang Kee, Nio, AEM and more
Singapore stocks started the day marginally higher, after global markets closed mixed overnight.
In early trade, the Straits Times Index (STI) rose 0.02 per cent to 3,324.02 points after 73.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have Mapletree Pan Asia Commercial Trust. The real estate investment trust is divesting Mapletree Anson, a 19-storey office building in Tanjong Pagar, for S$775 million.
Elsewhere, from Foxconn eyeing a 40 per cent share of the global AI server market, to Donald Trump convicted on all charges in his hush money case, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
Download this podcast.
24 May 2024
Market View: Markets This Week
Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore, shares with Sean Cheong some of the key market stories for the week.
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26 April 2024
Money in the Market: Are investors’ expectations of the Magnificent Seven boost from AI too high?
The Magnificent Seven is in focus this week, as a slew of earnings from the big tech behemoths was released. Tesla kicked off the earnings from big tech, followed by Meta Platforms’ disappointing outlook, leading to a drop in tech stocks. But tech stocks saw revival after Alphabet and Microsoft crushed forecasts. On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore, to find out more about the latest tech earnings.
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2 April 2024
Money in the Market: What AI-driven stocks can you consider other than Nvidia?
AI has been driving the recent market rally. Nvidia has been the major force behind this AI boom. But what other AI-related stocks can investors consider? And how much longer can this AI hype last? Does it have more room to run? On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore, to find out more.
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1 March 2024
Money in the Market: Swift & Stocks - Does it make a good Love Story?
"I promise that you'll never find another like me." Yes, we’re never going find another like you, Taylor.
Taylor Swift is here in Singapore for her Eras Tour - the starting point for unprecedented levels of economic impact, particularly within sectors across not only the United States, but every country she’s hosted her concerts in.
So of course our hospitality, tourism, and transport sectors are all in for the cheer.
While we know all about "Swiftonomics" - the phenomenon that refers to the impact the pop star has on the economy - does she have an effect on the stock market?
Will she have an effect on our Straits Times Index, or will our local stock market largely shake it off?
On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore, to find out what key stocks investors should be looking out for that may ride the Taylor Swift effect.
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11 January 2024
Money in the Market: Will there be more disappointment this earnings season?
Markets are in somewhat of a “wait-and-see mode” as all eyes are on the start of earnings season, which is kicking off this Friday over in the US with big banks. So what can we expect? And other than big banks, what other sectors should we be looking out for? On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore, to find out more about the latest market movements.
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14 November 2023
Money in the Market: Is the current rally merely a bear market rally?
Markets kicked off this month on a good note, with major indexes clocking in strong performance. So does this now set the tone of a year-end rally? Or is this just temporary and further upside is limited? Is this just a bear market rally? On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore to find out more.
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28 September 2023
Money in the Market: What dividend-paying stocks should you consider right now?
Singapore’s stock market largely followed global market sentiment with major central banks and their interest rate decisions in focus. So how are markets faring this week? What are some investment strategies we should explore when trading on the stock market here in Singapore? On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore, to find out more.
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16 August 2023
Money in the Market: Why you should be investing in Singapore stocks
Despite a slump in global markets in 2022, Singapore's Straits Times Index remained one of the best performing benchmarks. So what made the STI outperform its competition?
Looking ahead to the remainder of the year, should we expect positive returns from investing in Singapore shares? Are there certain sectors that stand out, or investment trends worth examining?
On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore, to find out more.
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27 June 2023
Bigger Picture: impact of slowing China economy on Singapore markets
Juncheong Too, Equity Dealer, Moomoo Financial Singapore, discusses the implications of a slowing China growth, the potential for a technical recession in Singapore as well as the fallout from any further unrest in Russia.
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