Singapore stocks rose this morning, mirroring overnight gains in US and European markets following the release of Federal Reserve inflation data. 

In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,149 points after 36 million securities changed hands in the broader market.

Singapore’ growth numbers are in focus today after private economists marginally raised their forecast for Singapore’s 2024 economic growth to 2.4 per cent in the latest quarterly survey of professional forecasters published by the Monetary Authority of Singapore (MAS)

Elsewhere, from a closer look at US February CPI numbers to Cathay Pacific’s latest earnings, more international and corporate headlines are in focus today. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.