Singapore shares opened higher today following the decision to pause the interest rate hike by the US Federal Reserve.

In early trade, the Straits Times Index was up 0.1 per cent to 3,222.24 points after 129.8 million securities changed hands in the broader market.

In terms of companies to watch, we have Keppel. That’s as the company obtained two contracts to provide what it dubs “energy-as-a-service” in Bangkok’s Sam Yan Smart City, through its joint venture with Decarb. 

Meanwhile, a slew of central bank decisions continue to take the centre stage with the US Federal Reserve holding rates steady at the 5 to 5.25 per cent range, while China lowered its medium-term lending facility rate by 10 basis points to 2.65 per cent.

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.