Market View: UOL Group’s 44% drop in net profits; Ho Bee Land and Sinarmas Land’s performance; Sembmarine narrows net loss; Golden Agri Resources’s 21.5% yoy earnings increase; Elon Musk the richest man on Earth again

Your Way Home with Hongbin Jeong · Feb 28, 2023 · 10m

Singapore stocks rose today following gains in US and Europe markets. The Straits Times Index rose 0.2 per cent in early trade to 3,268.88 points after 34.1 million securities changed hands. Investors continue to sift through a number of earnings reports out earlier in the week, including earnings from property and hospitality company UOL Group. But how does that performance compare with industry players such as Ho Bee Land and Sinarmas Land? Another company to watch would be Golden Agri-Resources, after the palm oil company reported today earnings of US$392.4 million for the half-year ended…