Singapore stocks opened weaker today following overnight losses on global markets.

In early trade, the Straits Times Index (STI) headed down 0.1 per cent to 3,080.87 points after 19.5 million securities changed hands in the broader market.

Meanwhile, international headlines are in focus today with investors mulling a private sector survey which showed China’s services activity expanded at a quicker pace in November. 

Also in focus today – Nvidia’s CEO Jensen Huang’s comments that the firm will build a network of semiconductor plants in Japan, as well as US consumer spending outlook and gold prices. 

On Market View, Drive Time’ finance presenter Chua Tian Tian unpacked the developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets.