Singapore stocks started the week on a softer note today, led by declines from banks and other index counters.
In early trade, the Straits Times Index headed down 0.4 per cent to 3,112.44 points, after 29.7 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singtel, after its Australian unit Optus’ chief executive, Kelly Bayer Rosmarin, has resigned after the company experienced a network-wide outage on Nov 8.
Elsewhere from sentiment ahead of the latest Fed minutes to OpenAI’s CEO Sam Altman ousted by its board, more international developments remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.