Singapore stocks were pulled into positive territory today, after Wall Street equities rallied in the previous session. 

In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,157.22 points after 43.6 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Jumbo Group, after its shareholders approved the renewal of the restaurant operator’s share buyback mandate. 

Elsewhere from China buying a near-record US$40 billion of chip gear to get around US curbs, to Terraform Labs filing for bankruptcy protection in the US, more international and corporate headlines are in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.