Market View: US Feb non-farm payrolls; Japfa decline to comment on speculation of privatisation deal; CDL’s share buybacks; Singapore’s local business sentiment hits one-year high in 2Q2024; Chinese r

Singapore equities were pulled into negative territory this morning after global equities ended the prior week mixed. In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,144.61 points after 23.4 million securities changed hands in the broader market. In terms of companies to watch, we have Japfa after the agri-food company today refused to comment on speculations about a privatisation deal in a Mar 8 Bloomberg article.  Meanwhile, from more on Singapore’s local business sentiment to Chinese regulators asking large banks to support property developer Vanke, more local and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.See omnystudio.com/listener for privacy information.