Singapore shares rose in early trade today, tracking a Wall Street rally as the Federal Reserve took interest rates higher by 25 basis points overnight. 

But how have stocks, and in particular bank stocks, performed so far?

Meanwhile the property sector continues to make the headlines with a number of property firms announcing their distribution and top line figures. 

In particular, property developer Oxley saw a sharp decline in net profit for its first half. It was down all the way to some S$277,000 from S$23.5 million in the corresponding period a year ago. So why is this the case?

On Market View, the Drive Time team posed these questions to Terence Wong, CEO of Azure Capital.

Singapore shares rose in early trade today, tracking a Wall Street rally as the Federal Reserve took interest rates higher by 25 basis points overnight. 
But how have stocks, and in particular bank stocks, performed so far?
Meanwhile the property sector continues to make the headlines with a number of property firms announcing their distribution and top line figures. 
In particular, property developer Oxley saw a sharp decline in net profit for its first half. It was down all the way to some S$277,000 from S$23.5 million in the corresponding period a year ago. So why is this the case?
On Market View, the Drive Time team posed these questions to Terence Wong, CEO of Azure Capital.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Bank stocks’ performance after 25bps rate hike by the US Fed, Keppel Pacific Oak Reit’s DPU down 12.6%, Oxley’s first half net profit tumbles, Adani Enterprises calls off US$2.5B share sale

Advertisement