while US data is relatively ok, FOMC speaker mentioned that the choices that US has is now quite limited. Nonetheless, rate hike is still in place, probably in June.
Friday is a holiday but there will be Q4 GDP and price index releasing. Thus probably it will be a profit taking session today.
upcoming Long term non blue chip stocks to note: sinograndness, parkson, united engineers.
KEY HIGHLIGHTS
Sector
Banking
Adopting best practices in tax transparency.
At A Glance
Corporate
CapitaLand: Latest to enter co-working space arena.
Hotel Properties: Buys American Indochina Resorts for US$65m.
Koh Brothers: Eyes more hotel assets and M&A targets.
Select Group: Privatisation bid by consortium.
Sector
Land Transport: COE premiums mostly down in March's second bidding exercise.
Economics
CPI: Negative inflation persists, but core inflation inches up.
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