Stocks to watch: SGX, Nio, Mapletree Logistics Trust, Parkway Life Reit, Vin’s Holdings
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On May 4, several companies are in focus: Singapore Exchange (SGX) faces a lawsuit from Mercuria Energy Group over alleged losses linked to shipping rate distortions. SGX shares rose 1.9% to S$21.70. Nio, the Chinese EV maker, reported 29,356 vehicle deliveries in April, a 22.8% increase year-on-year, but down from March's 35,486. Nio's shares fell 5% to US$6.30 on SGX.
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