Traditionally, DBS is the bigg

2024-11-07

Traditionally, DBS is the biggest beneficiary of higher interbank rates due to the historical acquisition of POSB, making her the biggest deposit base with the lowest loan deposit ratio. However we have seen in recent years that the wealth management areas has become the most important part of profit and will continue to be. This is also true of the other 2 local banks. Thus, with the integration of GE into OCBC, I would pitted OC ahead of UOB.

All Time Highs! Can SG Banks Continue to Outperform SPX This Year?

DBS, OCBC, and UOB all hit all time highs today and then pullback. The three major banks achieve more than 30% gains in 2024. DBS has risen 52% in 2024—can it maintain this upward trend this year? Are the three major banks the most worthwhile Singapore stocks to buy? What are the best reasons to invest in the three major banks? Can they still outperform S&P 500 in 2025?

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Comments

KienBoon
2024-11-07
KienBoon
OCBC should also be bullish tomorrow as well with the release of its 3Q results. Hope that it can bull up another 50c+. In general, the 3 banks in SG are relatively good for longer term holding. Cheers. Thanks.
clipzy
2024-11-07
clipzy
Such an insightful analysis! Love your perspective! [Heart]

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Hope that it can bull up another 50c+. In general, the 3 banks in SG are relatively good for longer term holding. Cheers. Thanks.","text":"OCBC should also be bullish tomorrow as well with the release of its 3Q results. Hope that it can bull up another 50c+. In general, the 3 banks in SG are relatively good for longer term holding. Cheers. Thanks.","html":"OCBC should also be bullish tomorrow as well with the release of its 3Q results. Hope that it can bull up another 50c+. In general, the 3 banks in SG are relatively good for longer term holding. Cheers. 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[Heart]","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/368383426224208"}