Singapore stocks opened muted today after global markets continued to retreat in the second trading day of the year.

In early trade, the Straits Times Index edged up 0.03 per cent to 3,200.24 points after 55.7 million securities changed hands in the broader market.

In terms of companies to watch, we have Seatrium, after its contract for a 1,260 megawatt offshore substation platform, valued at over S$250 million was cancelled. 

Elsewhere, from minutes of the Federal Reserve’s December meeting to China’s fiscal spending and the Japanese market’s performance on its first day of trade this year, more 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.