The Straits Times·3 min read·hard
Analysts say Singapore banks’ shares can climb higher
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Sheila Chiang✦AI Summary
Shares of Singapore's major banks—DBS, OCBC, and UOB—have reached new highs driven by expectations of sustained high interest rates and strong quarterly earnings. Analysts have upgraded their outlooks, citing wealth management momentum and attractive dividend yields as primary growth drivers.
DBS, OCBC and UOB shares climbed to fresh highs on the back of positive investor sentiments.
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