Singapore shares rose in early trade today following gains in US and Europe markets.
Some notable names seeing new developments today include OCBC, after the bank reported a net profit of S$1.3 billion for the fourth quarter ended December 2022. But how did the bank fare against its peers?
Meanwhile, defence and engineering group ST Engineering saw profits fall 7.1 per cent on-year to S$255 million for the second half ended December 2022. But to what extent is this a one-off occurrence contributed by a reduction of COVID-19 support and TransCore transaction and integrated expenses?
On Market View, the Drive Time team unpacked the key market movements of the day with Benjamin Goh, Head of Research and Investor Education, SIAS.

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