No Data
Singapore's Consumer-Price Inflation Likely Slowed in June, WSJ Poll Shows
0624 GMT - Singapore's consumer prices likely rose 2.7% on year in June, according to the median estimate of 11 economists surveyed by The Wall Street Journal. That would be a slower pace than May's 3
RHB Bank Singapore Adjusts DBS Group Holdings' Price Target to SG$41.20 From SG$38.90, Keeps at Buy
DBS Group Holdings (SGX:D05) has an average rating of outperform and price targets ranging from SG$34.20 to SG$43, according to analysts polled by CapitalIQ.Price (SGD): S$36.51, Change: S$-0.39,
DBS' 2Q Earnings Unlikely to Have Any Major Negative Surprises
0640 GMT - DBS' 2Q earnings are unlikely to have any major negative surprises, RHB Research's Singapore Research team says in a note as RHB maintains the stock's buy rating. Based on RHB's meeting
DBS Group Holdings Target Price Raised to S$41.20 From S$38.90 by RHB Research >D05.SG
DBS Group Holdings Target Price Raised to S$41.20 From S$38.90 by RHB Research >D05.
Singapore's MAS Says Economy Poised to Strengthen Against Supportive Global Backdrop, Disinflation
By Fabiana Negrin Ochoa Singapore's economy seems on track to improve from last year as key sectors strengthen and cost pressures stay in check, according to the central bank's latest annual report. "
SG Morning Highlights | Singtel Associate Intouch to Merge with Gulf Energy, Form New Public Entity NewCo
Stocks to watch: Singtel.
102342937 : Most big money will be flowing into reit soon
Those who had bought DBS from price 36 onwards are selling in panic mode after seeing prices keep coming down
At the price of 36.20, it is actually around 39.70 after taking into bonus shares issued months earlier and I feel abit too high.
So better sell sell sell !!! 34.50 to 35 is a reasonable price which is around 37.50 to 38.50 level price before issuance of bonus
Ah KwangOP : Thank you for your take on this. overall in my view it is in a long term perspective of the business. the breakthrough from the 36 resistance was mainly due to Institutional buying during the Jun rally accompanied with the FOMO. we are now looking at a global pullback which doesn't really affect this business as a whole with the exception of the incoming rate cuts, and it will not be more than 50 basis points due to the FED not taking the risk of inflation coming back like in 1981.