Singapore stocks opened weaker today following overnight losses on the global market.
In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,169.14 points after 65.1 million securities changed hands in the broader market.
In terms of companies to watch today, we have Frasers Property, after the group announced yesterday that it will start a partnership with SP Group to develop and implement smart-energy solutions at Binh Duong Industrial Park in Vietnam.
Meanwhile, from the impact of missed payments by Chinese financial conglomerate Zhongzhi to listed firms in the country, to the Jackson Hole Symposium underway in the US – more international headlines are in focus today.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

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