Limth22 : Yes , fantastic stock that goes up even after ex dividend.One and only stock, I am accumulating.
ykw6621 OP Limth22 : very true
eViLz : I believe it’s partly due to the fed rate cut happening soon. $UOB (U11.SG)$ $DBS Group Holdings (D05.SG)$ $OCBC Bank (O39.SG)$ are all rising
colinvest eViLz : Oh, how does fed rate cause bank stock price to rise?
eViLz : Examples are NIM, reducing credit risks for banks due to lower interests (supporting bank growth). Most importantly what majority thinks. Fed cut due to weakening economy or as a measure to prevent recession.
I Am 102927471 :
Limth22 : Yes , fantastic stock that goes up even after ex dividend.One and only stock, I am accumulating.
ykw6621 OP Limth22 : very true
eViLz : I believe it’s partly due to the fed rate cut happening soon. $UOB (U11.SG)$ $DBS Group Holdings (D05.SG)$ $OCBC Bank (O39.SG)$ are all rising
colinvest eViLz : Oh, how does fed rate cause bank stock price to rise?
eViLz : Examples are NIM, reducing credit risks for banks due to lower interests (supporting bank growth). Most importantly what majority thinks. Fed cut due to weakening economy or as a measure to prevent recession.
I Am 102927471 :