Singapore stocks began trading stronger today, following overnight gains on global markets.

In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,150.09 points after 34.2 million securities changed hands in the broader market.

In terms of companies to watch today, we have Frasers Centrepoint Trust, after the trust’s private placement to raise S$200 million closed at the issue price of S$2.18 (2 Singapore dollars and 18 cents) per new unit.

Elsewhere, from China granting video game licences to the latest US GDP numbers out last night – more local and international headlines remain in focus.

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