Additional Units Issued for Sembcorp 5x Long (UZMW); DBS, OCBC, UOB Earnings Due
Additional units of the Sembcorp 5x Long DLC (UZMW) were issued on 5 August, allowing Societe Generale as the Designated Market Maker, to be able to resume quoting on the Ask to meet strong investor demand on the previously sold-out Sembcorp 5x Long DLC..
Investors with a bullish view on Sembcorp may consider $Sembcorp 5xLongSG270623(UZMW.SI)$ , which offers leveraged exposure to potential gains in Sembcorp's share price. Conversely, those who are bearish can consider the Sembcorp 5x Short DLC.
Separately, Singapore major banks are set to kick off earnings season this week, beginning with $DBS(D05.SI)$ on Thursday (6 Aug) before market open, followed by $UOB(U11.SI)$ and $OCBC Bank(O39.SI)$ on Friday (7 August).
The banking sector was among the strongest performers in July.
OCBC led the STI, advancing 17.51% during the month. Correspondingly, the OCBC 5x Long DLC gained 104.93%, while the OCBC 5x Short DLC declined by 59.2%.
DBS also delivered a strong performance, rising 13.18% over July. Amplifying the move, the DBS 5x Long DLC rose 68.3% over the same period, while the DBS 5x Short DLC sank 47.5%
With earnings approaching, investors who remain constructive on the sector, or who expect a higher-for-longer interest rate environment to support banks' net interest margins, may consider Long DLCs for leveraged exposure.
Conversely, investors anticipating a pullback following the recent rally may consider Short DLCs to gain inverse exposure.
View the full range of DLCs on dlc.socgen.com
This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
