Singapore stocks rose at the open after global markets closed higher last week.

In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,212.45 points after 49.5 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Seatrium. The company had said on Friday that it has a balance of S$300 million in net proceeds from its rights issue back in 2021. That’s after S$100 million was recently used to repay a loan facility.

Elsewhere from Tesla’s Dojo Supercomputer to what investors should note from the G20 Summit in India - more corporate and international headlines remain in focus. 

On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with David Kuo, Co-founder, The Smart Investor.

Singapore stocks rose at the open after global markets closed higher last week.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,212.45 points after 49.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Seatrium. The company had said on Friday that it has a balance of S$300 million in net proceeds from its rights issue back in 2021. That’s after S$100 million was recently used to repay a loan facility.
Elsewhere from Tesla’s Dojo Supercomputer to what investors should note from the G20 Summit in India - more corporate and international headlines remain in focus. 
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with David Kuo, Co-founder, The Smart Investor.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: China’s central bank yanks yuan off 16-year low against greenback; Seatrium on net proceeds on 2021 rights issue; SK Hynix products found in Huawei’s Mate 60 Pro; Takeaways from G20 Summit in India; Tesla’s Dojo supercomputer may add up to US$500b to firm’s market cap

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