Good morning mooers! Here are things you need to know about today's Singapore markets:
●Singapore shares opened higher on Monday; STI up 0.07%
●Softer Demand to Slow Rental and Price Growth for Factories: Colliers Report
●Stocks to watch: ST Engineering, Genting Singapore and SIAEC
●Latest share buy back transactions
-moomoo News SG
Market Snapshot
Singapore shares opened higher on Monday. The $FTSE Singapore Straits Time Index(.STI.SG)$ rose 0.07...

$Singtel(Z74.SG)$ let's cross 2.6 today

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Weekly market recap
Stock futures edged lower in overnight trading Sunday after the Dow Jones Industrial Average notched its third positive week in a row at a record high.
Wall Street is coming off a winning week on the back of strong corporate earnings. The blue-chip $Dow Inc.(DOW.US)$ gained more than 1% last week and closed Friday at a record. The $S&P 500 index(.SPX.US)$ rallied 1.7% last week, also posting its third straight positive week and hitting an all-time high Friday.
Of the 117 companies in the S&P 500 that have reported earnings to date, 84% posted numbers that beat expectations, according to Refinitiv. S&P 500 companies are expected to grow profit by about 35% in the third quarter.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Some of the biggest technology companies are slated to report earnings this week, including $Facebook(FB.US)$, $Alphabet -CL C(GOOG.US)$, $Microsoft(MSFT.US)$, $Amazon(AMZN.US)$ and $Apple(AAPL.US)$. A third of the Dow companies also is set to release quarterly results this week, including $Caterpillar(CAT.US)$, $Coca-Cola(KO.US)$, $Boeing Co(BA.US)$ and $McDonald(MCD.US)$.
Economists and Fed watchers will also be paying attention on Wednesday, when the minutes from the Federal Open Market Committee September meeting will be released. Finally, the annual meetings of the World Bank Group and the International Monetary Fund will run virtually all week.
Economic data out this week includes the Conference Board's Consumer Confidence Index for October on Tuesday, the Census Bureau's durable-goods report for September on Wednesday, and the Bureau of Economic Analysis' preliminary estimate for third-quarter GDP on Thursday.
Economists' consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Monday 10/25
Mega-cap tech companies headline the week's quarterly results starting with Facebook, which reports after the close. Alphabet and Microsoft follow on Tuesday, and Amazon.com and Apple on Thursday.
$Cadence Design Systems Inc(CDNS.US)$, $Kimberly-Clark Corp(KMB.US)$, and $Otis Worldwide(OTIS.US)$release quarterly results.
Tuesday 10/26
$3M Company(MMM.US)$, $Advanced Micro Devices(AMD.US)$, $Ameriprise Financial Inc(AMP.US)$, $Capital One Financial Corp(COF.US)$, $Chubb Ltd(CB.US)$, $Ecolab Inc(ECL.US)$, $Eli Lilly and Co(LLY.US)$, $General Electric(GE.US)$, $Hasbro Inc(HAS.US)$, $Invesco Ltd(IVZ.US)$, $Lockheed Martin(LMT.US)$, $MSCI Inc(MSCI.US)$, $Novan Inc(NOVN.US)$, $Raytheon Technologies(RTX.US)$, $S&P Global(SPGI.US)$, $Sherwin-Williams(SHW.US)$, $Texas Instruments(TXN.US)$, $Twitter(TWTR.US)$, $United Parcel Service(UPS.US)$, and $Visa(V.US)$ report earnings.
The Census Bureau reports sales of new single-family houses for September. Consensus estimate is for a seasonally adjusted annual rate of 775,000 homes sold, 35,000 more than the August figure.
The Conference Board releases its Consumer Confidence Index for October. Expectations are for a 110 reading, similar to the September data. The index is 15% lower than its recent peak in June, with concern about the spread of the Delta variant and inflation dampening consumer optimism.
S&P CoreLogic releases its Case-Shiller National Home Price Index for August. Economists forecast a 20% year-over-year rise, a tick higher than July's 19.7% increase. If that estimate proves correct, it would be the fifth consecutive monthly record gain for the index.
Wednesday 10/27
$Automatic Data Processing Inc(ADP.US)$, Boeing, $Bristol-Myers Squibb Co(BMY.US)$, $CME Group Inc(CME.US)$, Coca-Cola, $Ebay Inc(EBAY.US)$, $Ford Motor(F.US)$, $General Dynamics Corp(GD.US)$, $General Motors(GM.US)$, $Hilton Worldwide Holdings Inc(HLT.US)$, $International Paper Co(IP.US)$, $The Kraft Heinz Co(KHC.US)$, McDonald's, $Norfolk Southern Corp(NSC.US)$, $Old Dominion Freight Line Inc(ODFL.US)$, $ServiceNow Inc(NOW.US)$, $Spotify Technology(SPOT.US)$, and $Thermo Fisher Scientific(TMO.US)$ release quarterly results.
The Census Bureau releases the durable-goods report for September. New orders for manufactured durable goods are expected to decline 0.5% month over month to $262 billion, after a 1.8% gain in August. Excluding transportation, new orders are seen rising 0.8%, above August's 0.3% gain.
Thursday 10/28
$Altria Group Inc(MO.US)$, $American Tower Corp(AMT.US)$, Caterpillar, $Comcast Corp(CMCSA.US)$, $Gilead Sciences(GILD.US)$, $Intercontinental Exchange Inc(ICE.US)$, $MasterCard(MA.US)$, $Merck & Co Inc(MRK.US)$, $Moody's Corporation(MCO.US)$, $Newmont Corp(NEM.US)$, $Northrop Grumman Corp(NOC.US)$, $Sanofi(SNY.US)$, $Shopify(SHOP.US)$, $Starbucks(SBUX.US)$, and $Yum Brands(YUM.US)$ hold conference calls to discuss earnings.
The Bureau of Economic Analysis reports its preliminary estimate for third-quarter GDP. Consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Friday 10/29
$AbbVie(ABBV.US)$, $Cboe Global Markets Inc(CBOE.US)$, $Charter Communications Inc(CHTR.US)$, $Chevron(CVX.US)$, $Colgate-Palmolive Co(CL.US)$, $Exxon Mobil(XOM.US)$, $L3Harris Technologies Inc(LHX.US)$, and $Weyerhaeuser Co(WY.US)$ report quarterly results.
Source: CNBC, Barron's

Asian stocks set for steady start; Dollar declines
Asian stocks looked set for a steady start Thursday after a mixed Wall Street session, as investors weighed corporate earnings, elevated inflation and risks from China's property sector.
Futures were little changed in Japan and Hong Kong while edging slightly higher in Australia. U.S. contracts wavered as they started trading. The $S&P 500 index(.SPX.US)$ rose for a sixth day to the cusp of a record but the tech-heavy $NASDAQ 100 Index(.NDX.US)$ dipped.
China tech ETF balloons to record size as U.S. cash floods in
Since slumping to a low in mid-August, $Kraneshares Csi China Internet(KWEB.US)$ -- which holds shares of 53 U.S.-listed Chinese tech companies -- has jumped 21%. Cash flooding into the exchange-traded fund has helped buoy total assets to a record $8.1 billion on Tuesday.
Tesla posts record revenue and profits in third quarter
$Tesla(TSLA.US)$ reported third-quarter earnings after the bell Wednesday, and it's a beat on both the top and bottom lines. The record results were driven by improved gross margins of 30.5% on its automotive business and 26.6% overall, both of which are records for at least the last five quarters. The company's stock dropped less than a point after hours on the results.
SpaceX expected to become more valuable than Tesla, Morgan Stanley survey finds
Most "institutional investors and industry experts" surveyed by Morgan Stanley expect SpaceX to become more valuable than Tesla and see it as a more attractive investment. Elon Musk's two largest companies already command enormous valuations, with Tesla currently at $858 billion and SpaceX at $100.3 billion.
"From our investor conversations, the sentiment on SpaceX has increased substantially along with the company's valuation in the private market," Morgan Stanley analyst Adam Jonas wrote in a note.
PayPal is in talks to buy Pinterest
$PayPal (PYPL.US)$ is in talks to buy social-media platform $Pinterest(PINS.US)$ according to people familiar with the matter, a move that could enable the payments giant to play a bigger role in a customer's shopping experience.
The talks are at an early stage and may not lead to a deal, some of the people cautioned. If there is one, it would be big, as Pinterest has a market value of some $40 billion.
IBM's sales hit by slower client spending, lower-than-expected cloud revenue
$International Business Machines(IBM.US)$ reported weaker-than-expected revenue in the latest quarter, weighed down by its cloud business and some clients' pause in spending.
IBM shares fell 4% in after-hours trading following the results.
Micron to expand chip production with $150 billion in capital spending over coming decade
$Micron Technology(MU.US)$ Chief Executive Officer Sanjay Mehrotra said some of the planned spending would go toward expansion of existing chip-production facilities and potential construction of new ones.
Blackstone weighs up to record $30 billion for flagship fund
$Blackstone(BX.US)$ is preparing to raise what could be the industry's largest buyout fund on record. The firm may seek as much as $30 billion for its next flagship private equity fund, according to people familiar with the matter.
It's a frenzied time for private equity. Blackstone and peers are ramping up fund sizes and coming back to market with successor pools at a rapid clip. Almost 6,000 funds are currently seeking to rake in a record $1 trillion, according to data from Preqin.
Source: Bloomberg, WSJ, CNBC