Singapore stocks opened little changed today, following overnight losses in Europe and a muted performance on Wall Street.

In early trade, the Straits Times Index (STI) edged down 0.01 per cent to 3,206.69 points after 42.4 million securities changed hands across the broader market.

In terms of companies to watch for today, we have Sats and SingPost, after news that both parties are exploring a strategic partnership in the potential establishment of an e-commerce transhipment hub in Singapore.

Elsewhere, from Singapore’s latest factory activity numbers to Hong Kong’s aviation recovery and China restricting chipmaking exports – more international news continue to make the headlines. Not to mention – Meta to launch Twitter-like app Threads. 

On Market View, the Drive Time team unpacked these developments with Kelvin Wong, Senior Market Analyst, OANDA.