Singapore stocks opened weaker today, led by declines in banks and other index counters.

In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,102.49 points after 34.1 million securities changed hands in the broader market.

In terms of companies to watch, we have Singtel. That’s as its Australian unit Optus has secured four spectrum lots for A$33.5 million (S$29.4 million) in total, in the latest government spectrum auction. 

Meanwhile from more on Singapore’s inflation numbers to concerns over oil supply, more local and international headlines remain in focus. 

Also on the table – more details supposedly uncovered about the earlier ouster of OpenAI’s CEO Sam Altman. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.