Singapore shares opened stronger today following overnight gains in the global market. This comes as the easing of US inflation data stoked optimism of the Federal Reserve ending its interest rate hiking cycle soon.

In early trade, the Straits Times Index (STI) was up 1 per cent to 3,207.5 points after 114.5 million securities changed hands in the broader market. 

In terms of companies to watch, we have Seatrium, after the offshore and marine engineering player obtained a green trade finance facility with a banker’s guarantee from OCBC worth 720 million euros (S$1.1 billion) to fund its sustainability efforts. 

Meanwhile, from China’s trade figures to the latest US earnings expectations, more international and corporate headlines continue to be in focus.

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.