Singapore stocks rose this morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates.

In early trade, the Straits Times Index (STI) gained 0.3 per cent to 3,147.35 points after 48.7 million securities changed hands across the broader market.

In terms of companies to watch, we have Keppel Pacific Oak US Reit, which declared no distribution for the second half year ended December, as part of its recapitalisation plan that suspends distribution for two years. 

Meanwhile from more on Singapore’s GDP growth to its NODX numbers – local headlines are in focus today. 

Also on deck – Airbus earnings and also how a surge in TSMC shares pushed Taiwan’s Taiex to a record high. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.