Singapore shares moved higher today as investors continue to digest earnings out of the country including from the remainder of the trio of local banks who reported today – OCBC and UOB.

The Straits Times Index was up 0.76% at 4,260.01 points at 11.40am Singapore time, with a value turnover of S$1.03B seen in the broader market.

In terms of companies to watch, we have DBS. The share price of DBS soared to a record-high in early trade after the group posted marginally higher Q2 earnings before the market opened, nearing the S$50 mark. 

Elsewhere, from how big name chip firms made big advances after US President Donald Trump said those investing in the United States would be exempted from a threatened 100-per cent tariff on semiconductors, to how what the financial performance of Lyft and Uber can tell us about the state of the US economy – more corporate and international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.