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mb-4"><h1 data-testid="article-title" class="mb-2 font-lct text-4xl font-bold !leading-[1.3] tracking-[-0.045rem] text-gray-850 md:px-6 md:text-10xl">Market Focus Daily: Friday, November 22, 2024</h1><div class="mb-6 md:px-6 min-h-[50px] text-gray-850 mt-4 space-y-4 md:flex md:flex-wrap md:space-y-0" data-testid="article-authors-list-component"><div class="flex items-center"><img class="flex-shrink-0 rounded-full" src="/assets-web2/default-BSkyYMCQ.png" width="50" height="50"/><div class="flex flex-col flex-wrap pl-2"><div class="font-public-sans text-xs font-normal leading-6 text-gray-650"><span data-testid="article-published-time">Published <!-- -->Fri, Nov 22, 2024 · 05:46 PM</span></div></div></div></div><div class="mb-3 flex items-center justify-between border-b border-t border-gray-250 py-3 md:mx-6 md:mb-6 md:py-4"><div data-testid="article-keyword-filter-first" class="w-full"><div data-testid="article-top-keyword" class="p-3 inline-block w-full bg-transparent !p-0 relative"><div 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focus-within:outline-none focus:outline-none outline-0 focus-within:outline-0 focus:outline-0 md:-mr-[2.75rem] min-[1040px]:-right-4 right-0 bg-white aspect-square w-auto" data-size="sm"><div class="flex h-full w-full items-center justify-center"><img src="data:image/svg+xml,%3csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2016%2016'%20fill='%232b2b2b'%3e%3cpath%20d='M4.646%201.646a.5.5%200%200%201%20.708%200l6%206a.5.5%200%200%201%200%20.708l-6%206a.5.5%200%200%201-.708-.708L10.293%208%204.646%202.354a.5.5%200%200%201%200-.708z'/%3e%3c/svg%3e" width="18" height="18"/></div></button></div><div class="splide__track"><ul class="splide__list"><li class="splide__slide"><div class="relative h-full"><div class="mx-auto aspect-3x2 w-full max-w-[1400px] bg-gray-250"></div></div></li></ul></div></div><div class="splide"><div class="splide__track"><ul class="splide__list"><li class="splide__slide"><div><div class="py-2 px-3 font-poppins text-xs text-gray-850 md:px-8">Market updates for Friday. PHOTO: ADOBE STOCK</div></div></li></ul></div></div></div><div class="body-content tracking-tighter mb-6 mt-4 font-lucida text-lg font-medium leading-normal tracking-[-0.05625rem] text-gray-850 antialiased md:px-8 md:text-xl" data-testid="article-paragraphs-component"><div class="relative mb-4 md:mb-6"><div class="mb-4 md:mb-6" data-story-element="podcast_wrapper" data-testid="podcast-embed-component"><iframe class="border-none" src="https://omny.fm/shows/bt-market-focus/market-focus-daily-friday-november-22-2024/embed?style=cover" width="100%" title="podcast-embed-title"></iframe></div><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Weak tech earnings drive slump in Chinese markets; <a href="https://www.businesstimes.com.sg/singapore/singapore-sees-2025-growth-1-3-upgrades-forecast-year-about-3-5" target="_blank" rel="noopener noreferrer nofollow">Singapore sees 2025 growth at 1-3%</a>, upgrades forecast for this year to about 3.5%; <a href="https://www.businesstimes.com.sg/companies-markets/near-term-volatility-drives-sgx-17-year-peak-higher-turnover" target="_blank" rel="noopener noreferrer nofollow">Near-term volatility drives SGX to 17-year peak</a> on higher turnover.</p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Synopsis: Market Focus Daily is a closing bell roundup by <i>The Business Times</i> that looks at the day’s market movements and news from Singapore and the region.</p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Written and hosted by: Emily Liu (emilyliu@sph.com.sg)</p><div class="my-8 md:my-12 w-screen bg-gray-125 transition-all duration-300 border-gray-175 min-h-0 border-y-0 bg-none py-0" style="max-width:0px;margin-left:calc(-1*(0px - 100%) / 2 );height:0"><div data-component="component-container" class="container px-3 sticky top-[120px]"><div 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bg-none py-0" style="max-width:0px;margin-left:calc(-1*(0px - 100%) / 2 );height:0"><div data-component="component-container" class="container px-3 sticky top-[120px]"><div class="relative mx-auto w-full md:w-10/12 md:px-8 lg:w-8/12"><div class="text-center text-center" data-testid="advertisement-element"><div id="dfp-ad-midarticlespecial" class="adunit-component my-8 md:my-12"></div></div></div></div></div><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">---</p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Follow BT Market Focus and rate us on:</p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Channel: <a href="https://bt.sg/btmktfocus/" target="_blank" rel="noopener noreferrer nofollow">bt.sg/btmktfocus</a></p><div class="mb-6 mt-8 border border-gray-175 p-6 md:-mx-8 md:mt-0 md:p-8" data-testid="article-read-more"><div><div class="mb-6 border-b border-gray-850 pb-2 !font-poppins text-base font-semibold leading-normal tracking-5% text-gray-850 md:text-lg">SEE ALSO</div><div data-testid="section-article-read-more"><div class="mb-6" data-testid="article-read-more-items"><div data-testid="basic-card" data-cueid="5384235" class="relative flex flex-wrap items-start gap-4"><div class="relative flex order-1 flex-shrink-0 w-[70px] lg:w-[90px]"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/singapore-stocks-open-higher-friday-sti-0-3" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/4854cbaa11e6751ee389b15c2a6c03edcb68e15799dcac6b2e7821f516631588?w=180&h=120&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/4854cbaa11e6751ee389b15c2a6c03edcb68e15799dcac6b2e7821f516631588?w=140&h=100&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/4854cbaa11e6751ee389b15c2a6c03edcb68e15799dcac6b2e7821f516631588?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/4854cbaa11e6751ee389b15c2a6c03edcb68e15799dcac6b2e7821f516631588?q=20&w=3&h=2&f=webp" loading="lazy" alt="Singapore shares open higher on Friday following a better-than-expected third-quarter growth and higher forecast for this year." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5384235"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Singapore stocks open higher on Friday; STI up 0.3% " href="/companies-markets/singapore-stocks-open-higher-friday-sti-0-3" target="_blank">Singapore stocks open higher on Friday; STI up 0.3% </a></h3></div></div></div><div class="mb-6" data-testid="article-read-more-items"><div data-testid="basic-card" data-cueid="5384800" class="relative flex flex-wrap items-start gap-4"><div class="relative flex order-1 flex-shrink-0 w-[70px] lg:w-[90px]"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/capital-markets-currencies/asia-most-markets-track-wall-street-gains-bitcoin-closes-us100000" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/99ac84451e11328f53ffc2572c7ce53b3d63d985a3f4d9936097514ea547abb4?w=180&h=120&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/99ac84451e11328f53ffc2572c7ce53b3d63d985a3f4d9936097514ea547abb4?w=140&h=100&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/99ac84451e11328f53ffc2572c7ce53b3d63d985a3f4d9936097514ea547abb4?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/99ac84451e11328f53ffc2572c7ce53b3d63d985a3f4d9936097514ea547abb4?q=20&w=3&h=2&f=webp" loading="lazy" alt="Tokyo stocks climbed one per cent as the government prepares to announce a US$140 billion stimulus package to kickstart the country’s stuttering economy, while Sydney, Seoul, Singapore, Wellington, Taipei and Jakarta also rose on Friday." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5384800"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Asia: Most markets track Wall Street gains, bitcoin closes on US$100,000" href="/companies-markets/capital-markets-currencies/asia-most-markets-track-wall-street-gains-bitcoin-closes-us100000" target="_blank">Asia: Most markets track Wall Street gains, bitcoin closes on US$100,000</a></h3></div></div></div><div class="mb-6" data-testid="article-read-more-items"><div data-testid="basic-card" data-cueid="5383025" class="relative flex flex-wrap items-start gap-4"><div class="relative flex order-1 flex-shrink-0 w-[70px] lg:w-[90px]"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/singapore-sees-2025-growth-1-3-upgrades-forecast-year-about-3-5" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/88f1c0e7fa335619edb4c872c05c21ea294c79e1646950b2c29b0104f4d17d70?w=180&h=120&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/88f1c0e7fa335619edb4c872c05c21ea294c79e1646950b2c29b0104f4d17d70?w=140&h=100&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/88f1c0e7fa335619edb4c872c05c21ea294c79e1646950b2c29b0104f4d17d70?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/88f1c0e7fa335619edb4c872c05c21ea294c79e1646950b2c29b0104f4d17d70?q=20&w=3&h=2&f=webp" loading="lazy" alt="ST20240622_202451392588 Kua Chee Siong/ pixgeneric/ Generic pix of an aerial view of the Singapore skyline on June 22, 2024." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5383025"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Singapore sees 2025 growth at 1-3%; upgrades forecast for this year to about 3.5%" href="/singapore/singapore-sees-2025-growth-1-3-upgrades-forecast-year-about-3-5" target="_blank">Singapore sees 2025 growth at 1-3%; upgrades forecast for this year to about 3.5%</a></h3></div></div></div></div><div data-testid="section-related-stories" class="overflow-hidden transition-all duration-300" style="height:0"><div class="mb-6" data-testid="article-read-more-items"><div data-testid="basic-card" data-cueid="5385014" class="relative flex flex-wrap items-start gap-4"><div class="relative flex order-1 flex-shrink-0 w-[70px] lg:w-[90px]"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/near-term-volatility-drives-sgx-17-year-peak-higher-turnover" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/51c2467097255701165aae4ee8a88e4d87635b242f819dc0ca335d2b573f0106?w=180&h=120&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/51c2467097255701165aae4ee8a88e4d87635b242f819dc0ca335d2b573f0106?w=140&h=100&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/51c2467097255701165aae4ee8a88e4d87635b242f819dc0ca335d2b573f0106?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/51c2467097255701165aae4ee8a88e4d87635b242f819dc0ca335d2b573f0106?q=20&w=3&h=2&f=webp" loading="lazy" alt="Shares of SGX charge to their highest since December 2007 as near-term volatility drives turnover" class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5385014"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Near-term volatility drives SGX to 17-year peak on higher turnover" href="/companies-markets/near-term-volatility-drives-sgx-17-year-peak-higher-turnover" target="_blank">Near-term volatility drives SGX to 17-year peak on higher turnover</a></h3></div></div></div></div><div class="w-full"><div class="cursor-pointer place-self-center border-t border-gray-175 pt-3 text-right !font-poppins text-base font-semibold capitalize tracking-normal !text-gray-850 [@media(hover:hover)]:hover:underline">More</div></div></div></div><div class="my-8 md:my-12 w-screen bg-gray-125 transition-all duration-300 border-gray-175 min-h-0 border-y-0 bg-none py-0" style="max-width:0px;margin-left:calc(-1*(0px - 100%) / 2 );height:0"><div 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Please consult professional advisors for independent advice. </p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Discover more BT podcast series: </p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">BT Money Hacks at: <a href="https://bt.sg/btmoneyhacks" target="_blank" rel="noopener noreferrer nofollow">bt.sg/btmoneyhacks</a></p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">BT Correspondents: <a href="https://bt.sg/btcobt" target="_blank" rel="noopener noreferrer nofollow">bt.sg/btcobt</a></p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">BT Podcasts: <a href="https://bt.sg/pcOM" target="_blank" rel="noopener noreferrer nofollow">bt.sg/pcOM</a></p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">BT Branded Podcasts: <a href="https://bt.sg/btbrpod" target="_blank" rel="noopener noreferrer nofollow">bt.sg/btbrpod</a></p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">BT Lens On: <a href="https://bt.sg/btlenson" target="_blank" rel="noopener noreferrer nofollow">bt.sg/btlenson</a></p></div><div class="mb-6 border-t border-gray-175"><section class="mx-auto my-4 w-full" data-testid="article-purchase-link-component"><section class="mx-auto flex w-full flex-wrap items-center justify-between gap-4 lg:gap-0 lg:px-3" data-testid="article-purchase-link-version-2-component"><p class="mb-0 font-public-sans text-xs tracking-normal">Copyright The Business Times. 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