Capital Markets & Currencies

Thai Beverage leads the blue-chip gainers with a 2.3% or S$0.01 increase to S$0.45

The reshuffling of country’s largest ETFs offers a picture of where investors are putting their money

The stronger capital market has rerated local equities, making investors more selective about backing new IPOs

The extended trading hours could boost the nation’s case for an upgrade to MSCI’s developed-market index

It notes that macroeconomic uncertainty, geopolitical tensions and elevated interest rates weigh on investor appetite for illiquid assets

MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%

The exchange has appointed about 20 banks to work on the share sale

Concerns about such ETFs, which potentially amplify volatility, are rising among policymakers and investors

The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg