Market View: Open AI set to open Singapore office by years’ end; Singtel’s phone line disruption; SGX Securities Turnover; Alimentation-Couche-Tard ups offer for Seven & i Holdings and more

The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian

Singapore stocks began the morning trading in positive territory, mirroring overnight gains in the US market.

In early trade, the Straits Times Index (STI) rose 0.8 per cent to 3,603.23 points after 29.7 million securities changed hands in the broader market.

In terms of companies to watch, we have Singtel. That’s after business and emergency services hotlines, including those of hospitals and the Singapore Civil Defence Force, could not be reached for several hours yesterday due to an islandwide disruption involving Singtel’s telecommunications network.

Elsewhere from the latest SGX securities turnover numbers and OpenAI set to open its Singapore office by the end of the year, more local headlines are in focus today.

Also on deck – all about the battle for Seven & i.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Geoff Howie, Market Strategist, SGX.

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