Singapore shares started the day on solid footing after global markets ended mixed overnight.

In early trade, the Straits Times Index (STI) was up 0.7 per cent to 3,187.32 points after 31.2 million securities changed hands in the broader market. 

In terms of companies to watch, we have Singtel. That’s as South Korea’s KakaoBank is joining Grab, Singtel and Emtek Group to invest in Indonesia’s Superbank, by acquiring a 10 per cent stake in newly issued shares of the upcoming digital bank. 

Elsewhere, from Chinese EV startup WM Motor filing for bankruptcy to Samsung Q3 profit set to slump 80%, the mobility and semiconductor industries continue to be in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Khoon Goh, Head of Asia Research at ANZ.