Singapore stocks opened stronger today tracking overnight gains on global markets.

In early trade, the Straits Times Index rose 1.3 per cent to 3,144.71 points after 85.2 million securities changed hands in the broader market.

In terms of companies to watch, we have palm oil company Golden Agri-Resources. The firm posted a 25 per cent decline in net profit  the third quarter ended Sep 30 to US$68 million, from US$90 million in the same period a year earlier. 

Elsewhere from more on US inflation cooling less than expected to Japan’s GDP contracting on the back of falling business spending and higher imports, more international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.