DBS Shares Fall Below $50 After a Week

Edge08-15

DBS Group Holdings’ share price has fallen below the $50 mark, a week after hitting record highs following the release of its results for 1HFY2025 ended June 30.

DBS shares reached an intra-day low of $49.88 prior to the midday break on Aug 15, just two days after hitting a 52-week high of $51.45 at the close of the Aug 13 session.

DBS’s 2QFY2025 net profit rose 1% y-o-y to $2.82 billion, 1% above consensus. Net profit for 1HFY2025 was slightly lower y-o-y at $5.72 billion compared to $5.76 billion this time last year.

DBS shares were trading 58 cents lower, or 1.11% down, at $49.91 just before the midday break at 12pm. DBS shares are up more than 13% year to date.

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Comments

  • Tig3rMan
    08-15
    Tig3rMan
    Look at the small flow out you will know a lot of retail sharrholders are rushing to exit bring the price down by $2 past three days. 
  • Hern99
    08-15
    Hern99
    i thought share fall because of div issue ?
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