Market View: S-Reit outlook for 2024; Chip sector outlook as Nvdia surges to record high close , SK Hynix’s market value expected to double; Pharma giants Merck & Co, Boston Scientific, J&J on the hunt for acquisition targets – over US$6.4b healthcare deals announced; Boeing’s 737 Max crisis deepens after United Airlines, Alaska Airlines found loose parts

Singapore stocks were pulled into positive territory today following overnight gains on global equity markets. In early trade, the Straits Times Index (STI) headed up 0.3 per cent to 3,195.18 points after 31.3 million securities changed hands in the broader market.  In terms of companies to watch for today, we have Yanlord Land Group, after the Chinese property developer expects to record net losses for the six months, as well as the full year ended Dec 31, 2023. Elsewhere, from healthcare giants J&J, Merck and Boston Scientific going on a US$6.4 billion buying spree, to the outlook for the chip sector in 2024, more international headlines are in focus.  Also on the table, what loose parts found on some 737 MAX mean for planemakers and airlines amid the ongoing global travel recovery. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Khoon Goh, Head of Asia Research at ANZ.See omnystudio.com/listener for privacy information.