Market View: US August PPI; European shares jump on ECB rate cut; Leadership changes at CapitaLand Investment, Yangzijiang Shipbuilding to acquire stake in subsidiary of Tsuneishi Group; Sam’s Club, Lululemon defy China’s consumption dip and more

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

Singapore shares began the day trading in positive territory, mirroring overnight gains in global markets.

In early trade, the Straits Times Index (STI) climbed 0.1 per cent to 3,558.64 points after 35.6 million securities changed hands in the broader market.
In terms of companies to watch today, we have CapitaLand Investment, after the real estate manager said yesterday that the chief executive officer of private equity real estate, Simon Treacy, will be stepping down from his role from Oct 31 for “personal reasons”.

Elsewhere, from European shares jumping yesterday on the back of a rate cut by the European Central Bank, to brands like Sam’s Club and Lululemon defying China’s consumption dip, more international and corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

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