Market View: Apple, Amazon’s results beat expectations; Tokyo climbs despite Nissan’s tumble, BYD fell by more than five per cent after Q3 profit slump; Disney’s networks went dark on Google’s pay-TV platform YouTube TV after failed negotiations; China’s factory activity shrank for a seventh month in October; Wilmar International, Sheng Siong, Yangzijiang Financial to watch
Description
Singapore shares dipped earlier today amid a mixed session in Asia.
The Straits Times Index was down 0.11% at 4,432.65 points at 1.36pm Singapore time, with a value turnover of S$664.51M seen in the broader market.
In terms of counters to watch, we have Yangzijiang Financial, after the firm said yesterday that the Singapore Exchange greenlighted its proposed listing of YZJ Maritime Development and granted it a conditional eligibility-to-list.
Elsewhere, from how China’s factory activity shrank for a seventh month in October, to how Disney’s networks went dark on Google’s pay-TV platform YouTube TV after negotiations to reach a licensing deal failed, more international and corporate headlines remained in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.
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