Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: DBS reports 16% higher net profit for Q3; Manulife US Reit, Raffles Medical Group as hot stocks; Indonesia’s Q3 GDP; Shares of Hello Kitty owner Sanrio up 11 per cent on results beat; Ant Group receives government approval to release AI powered products to public; Elon Musk integrating xAI with social media platform X

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Singapore stocks were pulled into positive territory today following gains on Wall Street last week.

In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,156.36 points after 69.8 million securities changed hands in the broader market. 

In terms of companies to watch for today, we have DBS. The bank reported today a 16 per cent higher net profit of S$2.59 billion in the third quarter ended September, driven by a record high total income of S$5.2 billion. 

Meanwhile, from more on the hot stocks of the day to Sanrio’s earnings and Elon Musk integrating his AI startup xAI with social media platform X, more corporate headlines are in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

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Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
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