Market Focus Daily: Monday, August 12th, 2024 (Ep 120)

Asian markets were mixed today; Foreign investors are pulling record amount of money out of China; Yen carry-trade blowup haunts markets rattled by recent sell-off; Ho Bee Land sells 49% stake in Elementum for S$134 million to sovereign wealth fund.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

Recording engineer: Joann Chai Pei Chieh

Produced and edited by: Lee Kim Siang & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

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Channel: bt.sg/btmktfocus

SEE ALSO

S-Reits score lower in transparency overall but five see marked improvement

Carry-trade blowup haunts markets rattled by rapid-fire unwind

Stocks to watch: Ho Bee Land, Q&M Dental, Daiwa House Logistics Trust, PSC, Tat Seng, Cordlife

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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