There was plenty of excitement in the Singapore stock market this week.
DBS, UOB and OCBC all reached record highs, with DBS crossing S$70 per share for the first time.
Whenever DBS rallies, one question tends to come up again and again. Is DBS still a buy, or is it time to sell?
I received that question several times over the past week. My answer is that it depends on what we are looking for from the stock.
Are we buying it for our income pot, where dividends and stability matter more? Or are we looking at it as an opportunity pot idea, where future upside becomes the bigger consideration?
I have also seen plenty of comparisons between Keppel and Sembcorp Industries. We put the two blue chips side by side to find out which may offer the more attractive opportunity pot idea.
Beyond Singapore, interest in artificial intelligence remains strong. We look at what SK Hynix’s US listing could mean for the AI rally, as well as the three best performing Singapore stocks outside the blue chips in the first half of the year, and how some of them are supported by the AI theme.
One reason Singapore bank shares have remained strong is that the interest rate outlook appears to have shifted.
Read Full Article At Source
