Awakening Of Singtel To Come? (Money FM)

Singapore equities climbed this morning, despite the global market closing mixed overnight.

In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,169.68 points after 44.3 million securities changed hands in the broader market.

In terms of companies to watch, we have Singtel after it clarified on reports which said that it was intending to sell Optus.

Other companies to watch include Singapore Airlines after the Competition and Consumer Commission of Singapore said SIA and Garuda Indonesia have jointly submitted an application on a proposed cooperation.

Also on deck – the US House of Representatives overwhelmingly approved a bill that would force ByteDance to divest TikTok or see the platform be banned in the US.