Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Tokyo Electron shares rise as much as 4.5%, after the Japanese semiconductor equipment company reported its second quarter earnings results with analysts viewing the WFE outlook positively.
- Declines in heavyweight bank stocks like DBS Group drag Singapore’s benchmark Straits Times Index lower, making it the worst performer in Asia Monday.
- Postal Savings Bank of China shares fall as much as 3.4% in HK after its 3Q results. Analysts say its earnings growth was constrained by rising credit costs and margin pressure in 3Q, despite improved cost efficiency.