Singapore shares fell today despite a broadly positive day seen in Asia.

The Straits Times Index was down 0.79% at 4,197.25 points at 12.53pm Singapore time, with a value turnover of S$671.72M seen in the broader market.

In terms of companies to watch, we have iFast, after the group on Friday announced that its Malaysia-incorporated subsidiary iFast Pay Malaysia received in principle approval from Bank Negara Malaysia to operate as an electronic money issuer and to hold a Money Services Business Class A licence. 

Elsewhere, from Singapore’s key exports sliding more than expected in July, to how Japan’s Nikkei share average hit a record high today – more international headlines remained in focus. 
 
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments of the day.