Market View: SG core inflation cools more than expected in July; Alibaba to upgrade HK-listed shares to primary status; Apple to allow EU iPhone, iPad users to delete App Store; Comments by BOJ’s Ueda, Expectations on Fed Chair Jerome Powell’s speech and

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

Singapore shares opened flat this morning, after US indices fell and Europe’s main stock index climbed overnight.

In early trade, the Straits Times Index rose 0.03 point to 3,373.61 points after 34.3 million securities changed hands in the broader market.

In terms of companies to watch today, we have Marco Polo Marine, after the integrated marine logistics company yesterday posted a 2.6 per cent rise in gross profit to S$14.6 million for the third quarter ended June.

That’s from the S$14.2 million registered for the same period the year before.

Elsewhere, from Singapore’s core inflation cooling more than expected in July, to Alibaba upgrading its Hong Kong-listed shares to primary status, more local and international 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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