Singapore Exchange Limited

Has the appeal for Singapore stocks got stronger over the years? Let's unpack it all with our expert today.

With me, we have Jeff Howey, market strategist at the SGX.

Thank you for joining us today, Jeff.

It's a pleasure to be here.

Nicole, thank you so much.

Pleasure to be here.

Jeff Howey, Market Strategist at the SGX.

I'm Nicole Teal, and this is Money Hacks by The Business Times.

But yeah, it's also past the SGX, which is the public markets in the SGX in Singapore.

Singapore Exchange, the Singapore Exchange SGX is Singapore's national securities exchange and is an important part of its financial service ecosystem.

What trades on the SGX? Equities, publicly listed companies, or EITS, real estate investment trusts, FTS, or ETFs, excuse me, exchange traded funds, bonds, corporate and government debt, derivatives, futures and options, commodities, including iron ore and other commodity derivatives.

Number two, SGX versus other exchanges, exchange SGX, location Singapore.

Looking ahead, DBS expects total income growth to be in the mid-single-digit range in 2027.

In a separate filing on the Singapore Exchange, the bank also announced that Peter Xia will retire from his role as chairman of DBS's board after 16 years in the role.

He'll be succeeded by current board member Anthony Lim on 1 January next year.

And earlier, I spoke with David Chow, Director at Azure Capital, to get his take on DBS's latest results.

For investors, the key question is whether improved sentiment eventually translates into better earnings visibility That is what will determine whether this valley is sustainable or not.

And back home in Singapore, investors continue to mile news out of SGX-listed DBS and Centurion accommodation REIT.

For DBS, the lender reported a net profit of S$2.81 billion for the three months ended September, down 5% from S$2.95 billion in the year-ago period.

DBS said earnings growth was offset by lower markets trading income amid unfavourable equity market conditions.

And at this hour, we'll discuss the big rally seen on Wall Street overnight, as investors cheer a historic democratic sweep in the US midterm elections.

And that's before turning our attention to earnings out of SGX-listed DBS and Centurion Accommodation REITs.

And joining me today is David Chow, Director at Azure Capital.

Well, let's start with global news this time around.

UOB shares fell about 5% at the open after earnings missed analyst forecasts.

Other stocks The Business Times is watching today include SGX and SIA Engineering.

For updates throughout your day, visit bt.sg. And don't forget to check in with our RAP podcast, Market Focus Daily, at 6 this evening.

This is a podcast by The Business Times.