Market Focus Daily: Tuesday, June 4, 2024 (Ep 74)

Published Tue, Jun 4, 2024 · 05:46 PM

Market updates for Tuesday. PHOTO: ADOBE STOCK

Asian stocks fall after weak US manufacturing data; Indian stocks, rupee fall after early election results suggest narrow victory for Modi; Bank Indonesia lowers reserve requirements for key sectors to raise liquidity.

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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Singapore shares down at Tuesday’s open; STI falls 0.1%

Asia stumbled, with Tokyo, Shanghai, Sydney, Seoul, Singapore, Taipei and Wellington all in negative territory.

Asia: Markets in reverse as US data spark economy worries

The NSE Nifty 50 Index tumbled 5.9 per cent in Mumbai, its worst day in more than four years.

Indian stocks lose US$386 billion as polls tighter than forecast

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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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