Singapore stocks wrapped up the day in positive territory, with the Straits Times Index (STI) closing 0.6% higher at 3,755 points amid strong market breadth.
In terms of companies to watch, Oiltek International shone after reporting a near doubling of its third-quarter earnings, supported by strong demand for its refining business and a robust $400 million order book.
On the telecom front, market talk of a potential merger between StarHub and M1 has resurfaced, sparking speculation about consolidation in the sector.
On Market View, Frankie Ho dives into the details with James Cheo, Chief Investment Officer for Southeast Asia and India, HSBC Global Private Banking and Wealth.
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