Singapore shares open in the green today reversing last week’s loss streak.

The benchmark Straits Times Index gained 0.4 per cent to 3,375.41 points in early trade after 55.8 million securities changed hands.

Some companies to watch today include Singapore’s largest lender DBS, which saw a 69 per cent year-on-year rise in net profit to a record S$2.3 billion for its fourth quarter ended Dec 31, 2022. But to what extent have higher interest rates boosted results and what’s the outlook ahead as interest rates around the world begin to level?

Another company we’re tracking is Thomson Medical, after it reported an 82.6 per cent year-on-year jump in net profit to S$22.8 million in the half year ended Dec 31.

But why is this the case? To what extent will the opening of borders boost medical tourism here in Singapore this year?

On Market View, Drive Time’s finance presenter Chua Tian Tian posed these questions to  David Kuo, Co-founder, The Smart Investor.

Singapore shares open in the green today reversing last week’s loss streak.
The benchmark Straits Times Index gained 0.4 per cent to 3,375.41 points in early trade after 55.8 million securities changed hands.
Some companies to watch today include Singapore’s largest lender DBS, which saw a 69 per cent year-on-year rise in net profit to a record S$2.3 billion for its fourth quarter ended Dec 31, 2022. But to what extent have higher interest rates boosted results and what’s the outlook ahead as interest rates around the world begin to level?
Another company we’re tracking is Thomson Medical, after it reported an 82.6 per cent year-on-year jump in net profit to S$22.8 million in the half year ended Dec 31.
But why is this the case? To what extent will the opening of borders boost medical tourism here in Singapore this year?
On Market View, Drive Time’s finance presenter Chua Tian Tian posed these questions to  David Kuo, Co-founder, The Smart Investor.

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 today: DBS’ earnings jumped 69% yoy, Thomson Medical’s profit boost, Outlook for the medical tourism sector in Singapore, Sats joint venture with Air India to design and operate cargo hub at India’s Noida International Airport

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