Singapore stocks opened stronger following overnight gains on global markets.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,303.77 points after 41.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium, after the company said yesterday that it had been informed that the Monetary Authority of Singapore and the Commercial Affairs Department are conducting a joint investigation into offences potentially committed by the company and/or its officers.
Elsewhere, from Hong Kong ending its decades-long practice of shutting its markets during typhoons to Foxconn finally meeting its billionaire’s eight-year stock target, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the key developments for the day.