Singapore shares began the day trading in negative territory after overseas markets ended the previous night lower.
In early trade, the Straits Times Index (STI) was down 0.3 per cent at 3,561.96 points after 51.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Airlines and SIA Engineering Company. That’s as Singapore’s national carrier is set to spend S$1.1 billion to retrofit its Airbus A350 fleet and refresh offerings as rival airlines pump billions into upgrades.
Elsewhere, from more on currency and equity movements ahead of the US Presidential Elections, to more on oil prices, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.