Singapore stocks struggled to advance today, as pullbacks on Wall Street and Europe clashed with the Singapore trade ministry’s expectations that economic growth would come in at around 1 per cent this year.

In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,094.37 points, after 33.7 million securities changed hands in the broader market.

In terms of companies to watch for today, we have China Everbright Water. The group, as part of a consortium, is developing a project in China’s Guangdong province to treat agricultural waste and turn it into biogas and organic fertiliser. 

Elsewhere, from Sam Altman returning as CEO of OpenAI to more on Chinese developer Sunac getting funding from bad-debt manager Huarong Asset Management, more corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.