Market View: US August core CPI up 0.3% m-o-m as expected, markets extend record highs; SGX to launch index tracking non-STI constituents; SK Hynix’s shares up 5.9% to record on AI memory milestone; CapitaLand Commercial C-Reit’s public offer 535 times subscribed; Meituan launches new AI agent app; Hong Leong Group, Yangzijiang Financial to watch

Singapore shares dipped today despite a broadly positive day in the region. The Straits Times Index fell 0.2% to 4,347.25 points at 2.25pm Singapore time, with a value turnover of S$836.62M seen in the broader market. In terms of counters to watch, we have CapitaLand Investment and CapitaLand China Trust. That’s after CapitaLand Investment said today that CapitaLand Commercial C-Reit’s public offer was 535.2 times subscribed. Meanwhile, from what an in-line inflation print out of the US means for investors to how the Singapore Exchange will launch an index that tracks listed companies that are not constituents of the Straits Times Index, economic and local headlines will dominate the conversation today. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS. See omnystudio.com/listener for privacy information.