Singapore stocks dipped today after global markets mostly finished lower overnight.

In early trade, Straits Times Index (STI) fell 0.1 per cent to 3,222.73 points after 54 million securities changed hands in the broader market. 

In terms of companies to watch today, we have Thailand-listed Charoen Pokphand Foods (CP Foods), after UOB Kay Hian (UOBKH) upgraded its call on CP Foods from “hold” to “buy” .

Elsewhere from the Fed’s latest beige book out last night to Apple grappling with a turmoil days before its iPhone 15 launch, more international headlines remain in focus.

On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.