Singapore stocks opened 2024 stronger, driven by banking stocks’ gains.

The Straits Times Index (STI) rose 0.5 per cent to 3,255.63 points in early trade after 54.8 million securities changed hands in the broader market.

In terms of companies to watch, we have Keppel Corporation. The conglomerate delivered 61.1 per cent in shareholder returns for 2023, higher than the 49.3 per cent posted in 2022. 

Meanwhile, from China’s travel and tourism demand during the New Year’s Day holiday to key movements in the currency markets, more international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.