🌡️What’s your market mood right now?
No slow days in the market. ⚡
Some are playing defense, others going all in.
👀 Where do you stand today? Show us your game plan.
Catch up fast:These events rocked the markets today.
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Weekly Five Key Areas: Macro, Singapore Stocks, Options, Futures, Earnings
Covering five major market segments this week to help you stay ahead of market trends and plan your trades effectively!
✨Tuesday — Singapore Stocks
Singapore stocks opened higher on Tuesday. STI rose 1.1%.
Genting Singapore: The mainboard-listed group on Monday named Si Chen as its chief operating officer (COO) of its wholly-owned subsidiary Resorts World Sentosa, which will be effective Dec 1. This comes after the position has been vacant for three years. The last COO was Alan Teo, who departed from the company in September 2022. The counter closed last Friday flat at S$0.725, prior to the announcement.
Jardine Matheson, Mandarin Oriental: The company announced on Friday that it will be delisting Mandarin Oriental at US$3.35 per share. This brings the hotel group’s total valuation to around US$4.2 billion. The privatisation offer represents a 62.6 per cent, 65.8 per cent and 70.9 per cent premium over Mandarin Oriental’s volume-weighted average price for the one-month, three-month and six-month period, respectively.
Parkway Life Real Estate Investment Trust (Reit): The manager of Parkway Life Reit said on Friday that it has appointed a new chairman Robin Hu, Asia chairman at Milken Institute and advisory senior director at Temasek; and Eng-Kwok Seat Moey, former group head of capital markets at DBS, as an independent director to its board.
📌【Today’s Question】
Apple's stock price hit a new high this year. What do you think of its subsequent trend?(Feel free to tell us in the comments section)
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But let’s be real — at these levels, perfection’s already priced in. One slip in sales or weaker hype, and the shine could fade fast.
So what’s next? Probably less “rocket to the moon” and more “cruising in a luxury EV.” Still solid, still stylish — just not racing ahead like before. AAPL feels like a “hold and enjoy the ride” stock now.