Singapore stocks opened higher today, tracking solid gains in global markets following several major developments in the banking sector worldwide.

Back home, data from Enterprise Singapore also showed key exports contracted for the fifth straight month in February, albeit at a slower pace than the month before, as the decline in non-electronic shipments eased.

The Straits Times Index rose 0.5 per cent to 3,170.38 points in early trade after 148.9 million securities changed hands.

The banking sector in Singapore continues to be in focus today after the Monetary Authority of Singapore said yesterday that the trio of Singapore banks’ exposures to Credit Suisse are insignificant and that the banks are well-capitalised and conduct regular stress tests against credit and other risks. 

On Market View, the Drive Time team got down to the details with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore stocks opened higher today, tracking solid gains in global markets following several major developments in the banking sector worldwide.
Back home, data from Enterprise Singapore also showed key exports contracted for the fifth straight month in February, albeit at a slower pace than the month before, as the decline in non-electronic shipments eased.
The Straits Times Index rose 0.5 per cent to 3,170.38 points in early trade after 148.9 million securities changed hands.
The banking sector in Singapore continues to be in focus today after the Monetary Authority of Singapore said yesterday that the trio of Singapore banks’ exposures to Credit Suisse are insignificant and that the banks are well-capitalised and conduct regular stress tests against credit and other risks. 
On Market View, the Drive Time team got down to the details with Benjamin Goh, Head of Research and Investor Education, SIAS.

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: Singapore Stock Market Wrap; Impact of Singapore key exports contraction on STI; MAS on trio of local banks’ exposure to Credit Suisse; Thai Beverage on plans to list or sell spirits business; SIAS on Boustead Singapore’s bid to acquire Boustead Projects; Major US banks to inject US$30b into First Republic Bank; Indian startups’ exposure to SVB

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