Singapore shares opened stronger today), following overnight gains on Wall Street led by a rally in tech stocks.

In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,187.36 points, after 91.0 million securities changed hands in the broader market.

In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust. 

That’s after activist investor Quarz Capital declared that the trustee of Sabana Reit should take no more than three to four months to do the preparatory work required to set up a new internal Reit manager. 

Elsewhere from Nvidia’s forecast busting earnings to Citi Research increasing its target price on Grab after it reported a narrowed net loss for the second quarter, more corporate headlines are in focus. 

On Market View, the Drive Time team dived into the details with Terence Wong, CEO, Azure Capital.