DBS upgraded to Buy by OCBC after stock’s recent correction
OCBC upgraded DBS to Buy after the stock’s recent drop, and pointed to reasons concerns over potential interest rate cuts may be overdone.
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Maybank KE: Singapore banks’ share buybacks signal value is emerging
Singapore banks have increased their share buybacks even as their stocks have dropped, signaling emerging value, Maybank KimEng said Friday.
Singapore share buybacks Monday: DBS, OCBC, Olam, JUMBO, Keppel REIT
These are Singapore companies which announced share buybacks on Monday, 3 June 2019: DBS, OCBC, Olam, JUMBO, Keppel REIT and Straits Trading.
Moody’s points to potential credit quality concerns for Singapore’s banks
Singapore’s banks has strong fundamentals, but they will face credit vulnerabilities ahead, but Moody’s Investors Service said in a note last week.
Singapore share buybacks Thursday: DBS, OCBC, China Sunsine Chemical, Straits Trading
These are Singapore companies which announced share buybacks on Thursday, 30 May 2019: DBS, OCBC, China Sunsine Chemical and Straits Trading.
Singapore share buybacks Wednesday: DBS, OCBC, Koufu, China Sunsine, Straits Trading
These are Singapore companies which announced share buybacks on Wednesday, 29 May 2019: Jardine Strategic, DBS, OCBC, Koufu and China Sunsine.
Singapore share buybacks Thursday: DBS, OCBC, Japfa, China Sunsine
These are Singapore companies which announced share buybacks on Thursday, 23 May 2019: DBS, OCBC, Japfa and China Sunsine Chemical.
DBS downgraded by CGS-CIMB amid trade war concerns
CGS-CIMB downgraded DBS to Hold from Add on concerns the U.S. trade war with China could spur capital market choppiness and lower loan growth.
CGS-CIMB downgrades Singapore banks on ‘harder days ahead’
CGS-CIMB downgraded Singapore’s bank sector to Neutral from Overweight, on expectations of “harder days ahead” for UOB, OCBC and DBS.
UPDATE: Singapore share buybacks Tuesday: OCBC, DBS, Kimly, Straits Trading
These are Singapore companies which announced share buybacks on Tuesday, 21 May 2019: DBS, OCBC, Kimly and Straits Trading.
Maybank KE: Singapore banks offer strong platforms to manage trade war risks
Despite the recent selloff Singapore banks’ shares amid trade tensions, the sector has “strong platforms” for responding to volatility, Maybank KimEng said.
DBS is well-positioned to weather China risks: Maybank KE
While trade tensions may impact DBS’ earnings ahead, the bank is well-positioned to weather the risks, Maybank KimEng said in a note last week.
Singapore share buybacks Tuesday: OCBC, DBS
These are Singapore companies which announced share buybacks on Tuesday, 14 May 2019: OCBC and DBS.
Daiwa downgrades DBS as banking cycle heads toward ‘negative phase’
Daiwa downgraded DBS to Hold from Outperform, both as the stock rallied strongly recently and as the banking cycle was entering a negative phase. “The…
DBS shares downgraded by OCBC after share price rally
OCBC downgraded DBS to Hold from Buy despite first-quarter earnings beating consensus forecasts.
DBS cuts guidance for Singapore mortgage growth as cooling measures bite
DBS has cut its guidance for Singapore mortgage growth as the cooling measures the government enacted in July continue to bite the sector.
DBS CEO Gupta: This is the major risk for the bank
DBS CEO Piyush Gupta said Monday the major risk for the bank would be a “steep collapse” in interest rates.
UPDATE: DBS reports 1Q19 net profit rose 9 percent amid higher interest rates
DBS reported Monday its 1Q19 net profit rose 9 percent on-year to S$1.65 billion as higher interest rates boosted its net interest margin.
Singapore stocks to watch Friday: SGX, Venture, Hyflux, Starhill Global REIT, Wilmar
These are Singapore companies which may be in focus on Friday, 26 April 2019: SGX, Venture, Hyflux, Starhill Global REIT and Wilmar.
UPDATE: Singapore stocks to watch Wednesday: SPH, Keppel, CapitaLand, BreadTalk, SATS, KIT
These are Singapore companies which may be in focus on Wednesday, 10 April 2019: SPH, Keppel, CapitaLand, SATS and BreadTalk.
Nomura upgrades OCBC to Buy, sticks with Overweight call on Singapore banks
Nomura upgraded OCBC to Buy after the share’s recent correction, and stuck with an Overweight call on Singapore’s banks on low valuations.
Daiwa: Singapore banks remain a haven despite 4Q18 earnings misses
Despite Singapore banks’ 4Q18 earnings missing forecasts, the shares remain a “store of value” amid economic uncertainty this year, Daiwa said Monday.
UPDATE: Singapore stocks to watch Tuesday: DBS, Thakral, Singtel, Sakae, DeClout, Sasseur REIT
These are Singapore companies which may be in focus on Tuesday 5 March 2019: DBS, Thakral, Singtel, Sakae Holdings and Sasseur REIT.
UPDATE: Singapore stocks to watch Monday: DBS, Frasers Property, M1, Hyflux, DeClout, Procurri
These are Singapore companies which may be in focus on Monday, 18 February 2019: DBS, M1, Hyflux, DeClout, Procurri, JUMBO and Spackman.
UPDATE: DBS 4Q18 net profit rose despite wealth management declines, but missed some forecasts
DBS said Monday 4Q18 net profit rose 8% on-year to S$1.32B, boosted by loan growth, partially offset by a decline in treasury markets income.
