Singapore stocks declined today after global markets ended Tuesday mixed.
In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,148.96 points after 22.6 million securities changed hands in the broader market.
In terms of economic data points to watch, Singapore’s inflation both continued to fall in July, with the headline figure down to 4.1 per cent year-on-year.
Elsewhere from Meta Platforms releasing an artificial intelligence model capable of translating and transcribing speech to Japan’s Nikkei expected to rise nearly 8 per cent by year-end, more international headlines are in store.
On Market View, the Drive Time team unpacked these developments with Robert St Clair, Managing Director and Strategist, Fullerton Fund Management.

The Big Story: Hiring freezes, benefit cuts, how far will Singapore firms go as energy costs bite?
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What’s Trending: A high-paying but dangerous job… and who lost an $8 million ring at Coachella?
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Wealth Tracker: Is Singapore ready to become Asia’s precious metals trading hub?
13:36