Latest / Your Way Home with Hongbin Jeong
Market View: UOB’s Q4 net profit up 21.8%; Wilmar International’s earnings; S-Reits’ distributions; Asian markets mostly up on forecast topping results from Nvidia; Taiwan chip firms expanding to Japan
Singapore stocks fell at the opening bell today, tracking overnight losses in global markets. In early trade, the Straits Times Index (STI) declined 0.1 per cent to 3,215.09 points after 40.1 million securities changed hands in the broader market. In terms of companies to watch, we have UOB, after the lender's net profit for the fourth quarter rose 21.8 per cent on higher net fee income and other non-interest income. Elsewhere, from Wilmar International to S-Reits – more local companies are in focus. Also on deck - Nvidia’s earnings as well as moves by Taiwanese semiconductor firms to expand…
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