SG Daily Market Update (30 Dec 2024) | πŸ¦– #TheInvestingIguana EP651

The Investing Iguana
2024-12-30

🟩 πŸ‡ΈπŸ‡¬ OCBC's $103M move signals shifts in Singapore's banking landscape! Dive into the latest market developments as we shed light on OCBC's strategic sale, Semcorp's renewable energy triumph, and SingPost's leadership shakeup.

Join Iggy as we unpack these game-changing moves and their potential impact on Singapore's financial sector. Whether you're an investor eyeing opportunities or simply curious about market trends, this video is packed with insights you won't want to miss.

Discover why OCBC's Hong Kong Life Insurance stake sale matters, how Semcorp's ahead-of-schedule project completion in Oman could boost earnings, and what SingPost's executive changes mean for the company's future. We're connecting the dots to reveal the bigger picture of Singapore's economic strategies.

Remember, investing is a long-term game. Be patient, disciplined, and informed. Always conduct your own research and consult a financial advisor before making investment decisions.

Enjoyed the video? Hit that like button, subscribe for more market insights, and share with fellow investors. Let's grow our financial knowledge together. Happy investing!

#stockstobuynow #singaporebanksnews #renewableenergyleaders #semcorpindustries #ocbcfinancialstrategy

CHAPTERS:

  • 00:00 - Introduction to Key Companies

  • 00:24 - OCBC Bank Overview

  • 01:29 - Sembcorp Industries Insights

  • 02:32 - SingPost Analysis

  • 03:39 - Summary and Recap

  • 04:05 - Bigger Picture of Singapore's Economy

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πŸŸ₯ Remember, always conduct your own research and consult a financial advisor before making any investment decisions. Happy investing, and see you in the next episode!

DBS Buys 250K SingPost Shares! Can It Stage a Comeback?
DBS Bank purchased 250,000 shares of SingPost on September 16 for about $110,000, raising its stake to 0.062%. Following this move, Temasek’s combined deemed ownership via DBS Bank and Singtel now stands at 22%. While SingPost shares closed unchanged at S$0.43 on September 17, the stock edged up 1.16% to S$0.435 by 11:42 am on September 18. Temasek-linked holdings strengtheSand the stock showS a mild rebound. Could SingPost be positioning itself for a longer-term re-rating? After declines for two months, Can SingPost stage a comeback?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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