Singapore equities started the morning on a strong footing, amid mixed global performance overnight.

In the morning, the Straits Times Index (STI) opened 0.3 per cent higher at 3,320.48 points after 55.6 million securities changed hands in the broader market.

In terms of companies to watch, we have Yoma Strategic. The firm had responded to Singapore Exchange Regulation’s queries on the unusual trading activity of its shares, noting that it was unaware of any reasons for such trading. 

Elsewhere, from more on China’s May inflation numbers and how Apple shares hit a record high in the previous session on the back of announcements on its new AI features, more international and corporate headlines are in focus. 

We will also have one last look at expectations on May’s US CPI numbers and the Federal Reserve June rate decision before we get the official prints and announcements later tonight or tomorrow morning. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with  Carmen Lee, Head of OCBC Investment Research.