UOB
Total AssetsDBS was the first to release its local bank earnings report before Thursday's market open, reporting a record net profit of S$3.08 billion (up 9% year-on-year), with total revenue breaking through S$6 billion for the first time and wealth asset under management (AUM) also surpassing S$500 billion for the first time.
The upcoming earnings reports from OCBC Bank and UOB are expected to add another layer of support to the Straits Times Index.
☕️ [Task Coins Giveaway] Daily Market Talk — DBS Crosses S$6B as SpaceX Bets It All on Nvidia
$DBS(D05.SG) just crossed a milestone: total income above S$6B for the first time, on record quarterly profit. Meanwhile $SpaceX(SPCX.US) delivered its first earnings report as a public company, beat ...
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