Singapore shares slid today as the ongoing conflict in the Middle East weighed on global markets.

The Straits Times Index was down 1.77% at 4,906.86 points at 12.56pm Singapore time, with a value turnover of S$2.01B seen in the broader market.

In terms of companies to watch, shares of Singapore Airlines and Sats fell this morning as the US-Israeli war against Iran led to flight cancellations over the weekend. 

Meanwhile, from how the Monetary Authority of Singapore (MAS) said that it is closely monitoring developments arising from the ongoing situation in the Middle East, to how oil surged by the most in four years, more economic and international headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.