Singapore stocks fell during early trade today, led by declines from the banks.

In early trade, the Straits Times Index (STI) declined 1.2 per cent to 3,143.33 points after 53.6 million securities changed hands in the broader market.

In terms of companies to watch, we have Pan-United Corporation. The ready-mix concrete provider today said it will partner Cleantech Solar for a project that installs 900 solar panels on top of Pan-United’s Kaki Bukit operational headquarters in Singapore, and its slag grinding plant in Johor, Malaysia. 

Elsewhere from China’s investment into the Belt and Road Initiative rising to the highest since 2018 last year, to a potential IPO by Hyundai Motors Indian unit worth at least US$3 billion to a new quality glitch at Boeing – more international headlines are in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.