Singapore equities began trading in positive territory today, following a global market rout with all three major Wall Street indices spending the entire day in the red.

In early trade, the Straits Times Index (STI) rose 0.8 per cent to 3,268.46 points, after 63.4 million securities changed hands in the broader market.
In terms of companies to watch, we have Sembcorp Industries after the energy company today posted an 11 per cent fall in net profit to S$540 million for the first half ended June, from S$608 million in the previous corresponding period. 

Elsewhere, from how regional markets are performing a day after a sell-off triggered by the latest US nonfarm payrolls miss, to Open AI’s co-founder John Schulman leaving the firm for Anthropic – more international and corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.