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.

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.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Singapore’s PMI figures; Sats and SingPost explores strategic partnership on e-commerce transhipment hub in Singapore; China to control exports of metals used in semiconductor industry; Hong Kong’s aviation sector to recover sooner than expected; Meta Platforms to launch Threads

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