Singapore stocks began trading in negative territory this morning, following overnight losses in global equity markets.

In early trade, the Straits Times Index (STI) declined 0.2 per cent to 3,128.97 points after 112 million securities changed hands in the broader market.

CapitaLand Integrated Commercial Trust is in focus today after it posted a distribution per unit (DPU) of S$0.0545 (5.45 Singapore cents) for the second half ended December 2023, up 1.7 per cent from the previous corresponding period. 

Meanwhile from McDonald’s deepening its presence in China to more on e-commerce giant Alibaba, more international and corporate headlines are in store.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Market Analyst, OANDA.