1 day ago, 02:44 PM
STI and banks hit fresh highs once more today! Can we potentially see a DBS breakout of above $80 even before the small lot trading begins in October? One thing worth noting also is that while other banks have been offering higher Fixed deposit rates, DBS strategy seems to be poised towards shareholders instead of the safer F.D. routes. Their fd rates have been below other respective banks for a period of time already as DBS focus on returning capital in terms of dividend.
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