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Market View: Singapore Airlines Stumbles, Apple Hits US$5 Trillion and Singapore Stocks Soar

Dela

Singapore Airlines falls into a quarterly loss as higher fuel costs and expenses linked to Air India weigh on earnings, sending its shares lower.

Meanwhile, Singapore equities are heading for their best month since 2020, led by a powerful rally in bank stocks.

We also look at Wall Street, where the Nasdaq-100 edges closer to correction territory as semiconductor shares weaken.

SK Hynix disappoints despite record AI-driven revenue growth, Hongkong Land sees a turning point for Hong Kong office rents, and Singapore's newest IPO enjoys a strong market debut.

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