Market View: SGX, Asian stock movements for the year, Wilmar International buys Adani’s stake in Adani Wilmar; Dasin Retail Trust’s requisition notice; China unveils plans to boost driverless vehicle use in Beijing; Gold’s 26% advance for the year

Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore stocks fell on thin trading volumes before investors usher in the New Year.

The local benchmark Straits Times Index (STI) was down 0.2 per cent at 3,787.6 points after trading ended early on New Year’s Eve.

In terms of companies to watch today, we have Wilmar International, given how the agribusiness group is acquiring Indian multinational conglomerate Adani Group’s remaining stake in Adani Wilmar, at a price not exceeding 305 rupees a share.

Elsewhere, from Beijing passing new regulations to encourage autonomous driving technology in the city, to gold heading for one of its biggest annual gains this century, more international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments of the day.

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