Singapore stocks were little changed today, amid a mixed performance in global markets.

In early trade, the Straits Times Index (STI) dropped 0.01 per cent to 3,215.09 points after  25.7 million securities changed hands in the broader market.

In terms of companies to watch, we do have  Nio, after the Chinese electric vehicle maker said yesterday that it had “no reportable capital raising activity”.

This was in response to media reports that the company is considering raising around US$3 billion in capital from investors. 

Elsewhere from TikTok shopping facing headwinds in Indonesia to JPMorgan Chase’s CEO comments of a worse-case scenario of rates hitting 7 per cent in the US, more corporate and international headlines remain in focus. 

On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with  Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.