Results season in full swing amid data releases

THE week ahead will have no shortage of company announcements as constituents of the key Straits Times Index (STI) are set to disclose their earnings.

Investors will be on the lookout for OCBC Bank, which is expected to announce its second quarter results on Monday. It will be "one to watch" as the STI struggles with the 3,300 level, noted IG's market strategist Pan Jingyi in a note.

Raffles Medical Group will also release its second quarter earnings on the same day.

On Tuesday, StarHub is set to release its Q2 results after the close of trading. The stock ended on Friday at S$1.68, down 1.75 per cent or three Singapore cents. The stock dipped earlier this year amid news that it would be dropped from the MSCI Singapore Index and included instead in the MSCI Singapore Small Cap Index, hitting a low this year of S…