Singapore stocks opened slightly weaker today as banks and index counters started the morning mixed.

In early trade, the Straits Times Index headed down 0.1 per cent to 3,109.81 points after 62.6 million securities changed hands in the broader market.

In terms of companies to watch, Vertex Technology Acquisition Corporation announced today that it will issue 600,000 new shares at S$5 apiece to private investment in public equity (Pipe) investors to raise some S$3 million in gross proceeds. 

Elsewhere from OpenAI investors considering suing its board to investors in thematic funds losing over two thirds of their total returns due to poorly timed buying and selling behaviour, more international developments remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.