Singapore shares were little changed at the open following a mixed performance on global equity markets.

In early trade, the Straits Times Index (STI) inched up 0.03 per cent to 3,148.46 points after 42.1 million securities changed hands in the broader market.

In terms of companies to watch, we have Mermaid Maritime, after the subsea services provider’s subsidiaries in Thailand, the Middle East, western sub-Sahara and the United Kingdom were awarded multiple projects valued at US$485 million in total. 

Elsewhere from the latest US ADP private payrolls report to Anthropic reportedly raising US$2 billion amid the AI boom, more corporate and international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.