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Top Stock Market Highlights of June 2024: Soilbuild Construction Group, Apple, Nvidia and Quantum technology and data centres
By The Smart Investor  •  July 1, 2024
June saw a flurry of activity, filled with market excitement spurred by significant announcements from leading US companies. We have compiled four key highlights, focusing particularly on the largest US technology stocks. Meanwhile, noteworthy developments were also observed in Singapore’s market. Most importantly, Singapore is looking to boost its competitiveness in the technology sector. This is a timely move, given the current dominance of technology, underscored by the NASDAQ Composite Index reaching a new all-time high this June.

Soilbuild Construction Group (SGX: S7P)

Soilbuild Construction Group (SCG) announced that it clinched a S$645.7 million contract for the construction of the PSA Supply Chain Hub @ Tuas. This project includes the construction of warehouse buildings, gate buildings, main intake substations, and ancillary buildings at Tuas Port in Singapore. The development will form a part of the Tuas Port and will be built to achieve the Green Mark Platinum Super Low Energy, which is an eco-sustainable rating awarded...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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