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Could The Semicon Industry Via AI Development Be A Regular Asian Market Supportive Factor For Years To Come? (Money FM)

Feb 22, 2024

Singapore stocks fell at the opening bell today, tracking overnight losses in global markets.
In early trade, the Straits Times Index (STI) declined 0.1 per cent to 3,215.09 points after 40.1 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB, after the lender’s net profit for the fourth quarter rose 21.8 per cent on higher net fee income and other non-interest income.
Elsewhere, from Wilmar International to S-Reits – more local companies are in focus. Also on deck – Nvidia’s earnings as well as moves by Taiwanese semiconductor firms to expand in Japan.