Singapore shares declined in early trade today after the country’s non-oil domestic exports posted worse-than-expected performance and the US market reported losses amid interest rate concerns.

The Straits Times Index fell 0.2 per cent in early trade to 3,303.14 points after 31.4 million securities changed hands. 

Some notable names seeing new developments today include Sembcorp Marine and Keppel Corporation. 

If you recall, Sembmarine’s shareholders voted overwhelmingly for the merger with Keppel Corp’s offshore and marine unit, with over 95 per cent of votes cast in favour of the proposal. 

On Market View, the Drive Time team took a closer look at the developments for the day with  Benjamin Goh, Head of Research and Investor Education, SIAS.