Singapore stocks rise 1.1%, lifted by DBS' above-expectation earnings
Singapore stocks climbed 1.1% as DBS Group posted first-quarter earnings that beat analyst expectations. The banking sector was buoyed by tighter credit margins and strong loan growth, offsetting some weakness from broader regional equities amid Middle East war concerns. The Straits Times Index remains down 1.7% for the truncated trading week.
Straits Times Business167 h agoSTI D05