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Market View: Olam Group confirms bond posted for director of Nigerian unit, shares hit historical low; Thomson Medical’s public float falls below 10%; South Korea tighten rules relating to banks’ mortgage; US August CPI expectations; US$1.4b of Country Garden’s bonds extended

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Singapore stocks opened higher today, even as global markets dipped overnight.

In early trade, the Straits Times Index (STI) was up 0.1 per cent at 3,217.57 points after 50.3 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Thomson Medical, after the group’s public float dipped to 9.98 per cent. 

Meanwhile from shares of Olam Group taking a nosedive to what the markets are expecting ahead of the latest US inflation data, more international headlines remain in focus. 

On Market View, the Drive Time team unpacked these developments with Oriano Lizza, Sales Trader, CMC Markets.

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