Singapore stocks fell this morning, tracking the slowdown in global markets overnight.

In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,305.04 points, after 34.9 million securities changed hands in the broader market. 

In terms of companies to watch, we have Singtel, after the company announced that its Indonesian associate Telekomunikasi Selular (Telkomsel) has entered into a conditional spin-off agreement with the parent company of Indonesian telco IndiHome, to integrate IndiHome’s services into Telkomsel.

Meanwhile, global investors continue to set their sights on Friday’s US non-farm payroll figures for a snapshot of the world’s largest economy.

On Market View, the Drive Time team took a closer look at these developments with David Chow, Director Azure Capital.