Singapore stocks started trading in positive territory today after global markets ended the previous week higher.
The Straits Times Index (STI) opened 0.5 per cent higher at 3,573.35 points after 35.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Genting Singapore, after the firm said on Saturday that Resorts World Sentosa (RWS)’s chief casino operator Andrew MacDonald stepped down on Friday.
Elsewhere, from investors' sentiment ahead of the US Presidential election, which some market watchers fear is too-close-to-call, to expectations on possible fiscal stimulus out of China after the standing committee of the National People’s Congress concludes its five day meeting on Friday – international headlines remain at the front and centre of investors’ minds.
Also on deck – how Nvidia CEO Jensen Huang had reportedly asked SK Hynix to bring forward the supply of its next-generation high-bandwidth memory chips or HBM4 by six months.
On Market View, Money Matters' finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.