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Stock Movers · Yesterday · 5 min

Minimax Surges, M3 Slumps, DBS Climbs

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Minimax extends its gains into a second day after Southbound investors purchased HK$2.7 billion ($344 million) worth of shares on the first day of the stock’s inclusion into the connect. Shares jump 18% to their highest level in nearly a month. - M3 shares slumped as much as 21%, the most on record, after the medical information firm’s 1Q profit missed market expectations and it reported slow growth in its pharma marketing segment. - Singapore’s top lenders are riding a wealth management boom that’s propelled their stock prices rally to records and helped second-quarter profit beat expectations. Wealth fees at DBS Group, Oversea-Chinese Banking Corp. and United Overseas Bank all jumped to all-time highs. DBS saw a 42% increase to S$919 million ($716 million). See omnystudio.com/listener for privacy information.

0:00-5:23

transcript

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show notes

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Minimax extends its gains into a second day after Southbound investors purchased HK$2.7 billion ($344 million) worth of shares on the first day of the stock’s inclusion into the connect. Shares jump 18% to their highest level in nearly a month.
- M3 shares slumped as much as 21%, the most on record, after the medical information firm’s 1Q profit missed market expectations and it reported slow growth in its pharma marketing segment.
- Singapore’s top lenders are riding a wealth management boom that’s propelled their stock prices rally to records and helped second-quarter profit beat expectations. Wealth fees at DBS Group, Oversea-Chinese Banking Corp. and United Overseas Bank all jumped to all-time highs. DBS saw a 42% increase to S$919 million ($716 million).

See omnystudio.com/listener for privacy information.

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