$SATS (S58.SG)$ 1. SATS released financial reports last nigh...

Another 25bp Rate Cut! What's next for the market?

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默默无闻的学徒 joined discussion · Nov 8, 2024 03:45

$SATS (S58.SG)$ 1. SATS released financial reports last night to support the continued rise in stock prices; 2. The Federal Reserve announced a 25 basis point rate cut, which is beneficial for further reducing SATS' debt pressure; 3. Changi Airport (SATS' main base) announced a $3 billion investment over the next 6 years to optimize infrastructure, meet the increasing needs of aviation travel, and expects passenger traffic at the airport to reach pre-pandemic levels this year.

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