Market View: Outlook for S-REITs; Sheng Siong posts 7% yoy rise in net profit; Toyota’s global production tumbled; Apple vs Alphabet vs Nvidia chips; Expectations for Microsoft, AMD earnings; Netflix reportedly testing interest for bond sale and more

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

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Singapore stocks started trading in positive territory today ahead of a key US Federal Reserve meeting.

The Straits Times Index (STI) opened 0.2 per cent higher at 3,449.48 points after 45.9 million securities changed hands in the broader market.

In terms of companies to watch, we have Keppel Real Estate Investment Trust, after its manager today announced a 3.4 per cent year-on-year decrease in distribution per unit for the half year ended June.

Elsewhere, from more on Sheng Siong’s earnings to a potential bond sale by Netflix – more corporate headlines remain in focus.

Also on deck, Toyota’s output skidding and how Apple appears to be using no Nvidia GPUs in training AI models.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carmen Lee, Head of OCBC Investment Research.

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