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Market View: Singtel vs StarHub’s earnings; Food Empire Holdings’ Q3 net profit declines 30.6%; Yoma Strategic sees slight improvement in H1 financials; Disney’s earnings; Fed Chair Jerome Powell to speak
Singapore stocks edged up this morning amid earnings reports. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,135.66 points after 62.6 million securities changed hands in the broader market. In terms of companies to watch, we have Singtel. The telco posted a net profit of S$2.1 billion for the first half ended September, 82.6 per cent higher than the S$1.2 billion posted in the same period last year. Elsewhere, from more on StarHub and Food Empire Holdings’ earnings, to Fed chair Jerome Powell set to speak at about 3am tomorrow, more corporate and international headlines…
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