Can Singapore Banks’ Share Prices Hit New All-Time Highs?

The Smart Investor06-26

Of the 30 blue-chip stocks within the Straits Times Index (SGX: ^STI), the three local banks have performed well as a whole.A combination of elevated interest rates and wealth inflows has strengthened...

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Comments

  • saylavee
    06-26
    saylavee
    Local banks gonna be flat for the next few years. Don't expect growth like 2024. $DBS(D05.SI)$  
  • saylavee
    06-26
    saylavee
    Local banks gonna be flat for the next few years. Don't expect growth like 2024.
  • saylavee
    06-26
    saylavee
    Local banks gonna be flat for the next few years. Don't expect growth like 2024.
  • saylavee
    06-26
    saylavee
    Local banks gonna be flat for the next few years. Don't expect growth like 2024.
  • Tigerwong
    06-26
    Tigerwong
    Agreed that Singapore banks may continue to perform well.  However, does not endorsed that interest rate in Singapore will follow that of US as Singapore monetary policy relies on exchange rate stability and not on interest rate.  As Singapore dollars continue to be strong (continuous strong inflow of foreign capital) and local inflation numbers coming off, Singapore deposit rate will come off further and faster than US interest rates.
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