Singapore stocks opened stronger today,  tracking overnight gains in the European market.

In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,176.59 points  after 65.6 million securities changed hands in the broader market.

In terms of companies to watch today, we have Dyna-Mac. The offshore oil-and-gas contractor has proposed a bonus issue of up to 207.4 million warrants on the basis of one warrant for every five existing shares to raise up to S$31.1 million. 

Elsewhere from more Bank of Japan watchers pushing back their predictions for the end of negative rates, to the outlook for oil prices in the year of 2024, more international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.