Latest / Your Way Home with Hongbin Jeong
Market View: DBS Q2 net profit up 6% yoy; Venture Corp’s net profit down 11.7% yoy; Outlook for Europe-focused S-REITS; Chinese exports climb 7% yoy in July; BoJ on market volatility, implications on Yen; US earnings – lookahead to Walt Disney’s report; Breakdown of Airbnb, Novo Nordisk’s earnings
Singapore shares started trading in the positive territory today, tracking overnight gains in global markets. The Straits Times Index (STI) opened 1 per cent higher at 3,229.73 points after 21 million securities changed hands in the broader market. In terms of companies to watch, we have DBS, after the firm said today that its net profit for its second quarter rose amid a broad-based growth in total income. Elsewhere, from a deep dive into the S-REIT sector, to China’s latest export growth and the Bank of Japan softening its interest rate stance amid a global market rout – more corporate and…
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