Singapore equities began the day in negative territory, with the benchmark index retreating further by the midday break, driven by losses in banking stocks.

As at noon, the Straits Times Index (STI) was down 1.7 per cent at 3,795.3 points after 419.9 million securities changed hands in the broader market.

In terms of companies to watch today, we have Sats given how the company and its wholly owned subsidiary Worldwide Flight Services (WFS) clinched 14 new cargo and ground-handling contracts from Air India in major airports around the world. 

Elsewhere from Nvidia slamming new US chip export restrictions that are expected to be announced soon, to how shares of Bloks Group jumped as much as 82 per cent in their Hong Kong trading debut, more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.