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Wednesday, March 20, 2019

DBS Bank

Chart wise still trading in a consolidation mode pattern.
It would need a convincingly breakout of $25.54 in order to rise further.

Crossing over of 25.54 with ease plus good volume, that may propel to drive the price higher towards $25.90 with extension to $26.20 level.


dividend of 60 cents.
ex-dividend on 2nd May.
Pay date 17th May.


I think price may start to rise higher when closer to ex-dividend date.

Not a call to buy or sell.

Pls dyodd.


DBS Group Holdings Ltd provides financial products and services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers. The Institutional Banking segment provides financial services and products for bank and non-bank financial institutions, government-linked companies, large corporates, and small and medium sized businesses. Its products and services comprise short-term working capital financing and specialized lending; cash management, trade finance, and securities and fiduciary services; treasury and markets products; and corporate finance and advisory banking, as well as capital markets solutions. The Treasury Markets segment is involved in structuring, market-making, and trading in a range of treasury products. The Others segment offers stock trading and Islamic banking services. The company operates approximately 280 branches across 18 markets. DBS Group Holdings Ltd was founded in 1968 and is headquartered in Singapore.

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