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Singapore banking sector
Broker's Calls
Analysts are 'overweight' on Singapore banking scene as US interest rates rise
Analysts have kept their “overweight” ratings on the Singapore banking sector, in light of rising US interest rates in March
April 07, 2022
Banking & finance
Singapore investment banking fees decline 15.6% to US$221.3 mil in 1Q2022: Refinitiv
During the 1Q2022, M&A activities in Singapore increased by 13.0% y-o-y to US$28.6 billion.
March 24, 2022
Broker's Calls
UOB Kay Hian sees 'strong support' for DBS and OCBC at $30 and $11 respectively amid geopolitical uncertainties
The brokerage has kept "buy" on DBS and OCBC with TPs of $35.80 and $15.10 respectively.
March 11, 2022
Broker's Calls
UOB Kay Hian remains positive on DBS and OCBC ahead of 4QFY2022 results
The brokerage sees all three banks as being the prime beneficiaries of higher interest rates.
February 07, 2022
Singapore economy
2022 themes include peaking inflation, supply chain easing, higher interest rates and rebound in tourism: PhillipCapital
The brokerage’s STI target for end-2022 remains at 3,400 points.
January 10, 2022
Broker's Calls
Singapore banks’ 3Q21 earnings to hold steady: CGS-CIMB
CSG-CIMB's top pick for the sector is UOB.
October 19, 2021
Banking & finance
DBS, UOB among analysts' top picks, as Singapore banking sector remains 'overweight'
UOB and DBS are the top picks for analysts from CGS-CIMB and UOB Kay Hian.
August 10, 2021
Global Economy
Briefs: Apple says chip-shortage recovery will be rocky; China's EdTech giants take steps to curb fallout
Quoteworthy: "... The hard part is identifying the next sector that Beijing will target and why." — DBS Economist Chris Leung
July 30, 2021
Banking & finance
Analysts cheer dividend cap lift for banks, with UOB and OCBC identified as top picks
CGS-CIMB estimates banks to reinstate their FY2021 dividends closer to that of the dividends distributed in the FY2019.
July 29, 2021
Broker's Calls
UOB Kay Hian predicts DBS and OCBC to post net profit of $1.54 bil and $1.20 bil in 2Q21
UOB KH expects DBS to pay a dividend of 25 cents per share for the 2QFY2021 and OCBC to pay 21.2 cents a share for the 1HFY2021.
July 21, 2021