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.

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.

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, Singapore’s factory output falls 2.7% yoy, OCBC’s recorded 34% yoy rise in Q4 net profits, ST Engineering’s sees profits down 7.1% yoy in H2, BoJ’s incoming governor on ultra low rates

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