Singapore stocks started trading in negative territory this morning, mirroring overnight losses in global markets.
The Straits Times Index (STI) opened 0.2 per cent lower at 3,793.77 points after 18.9 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Sembcorp Industries, after the company’s renewables subsidiary Sembcorp Green Infra was awarded a build-own-operate project by India’s public sector company, the Solar Energy Corporation of India.
Elsewhere, from a last look at expectations ahead of the US Federal Reserve’s December rate decision, to how Japanese giants Honda Motor and Nissan Motor are reportedly said to enter merger talks to better compete against other electric vehicle makers – more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.