Stocks to watch: DBS, SGX, Frasers Centrepoint Trust, Thakral, Dasin Retail Trust
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 8).
DBS: On Monday night, DBS said it was informed by Toppan Next Tech, one of its vendors for the printing of customer statements and letters, that it had been a victim of a ransomware attack. About 8,200 customers of DBS – as well as 3,000 from the Bank of China’s Singapore branch – had their customer information compromised, potentially including their first and last name, postal address, as well as details relating to equities held under DBS Vickers and Cashline loans. The bank will be contacting potentially affected customers. Shares of DBS closed at S$39.28, down S$4.02 or 9.3 per cent on Monday, before the announcement.
Singapore Exchange (SGX): Amid a period of volatility when the Straits Times Index (STI) plunged after the Trump tariffs were announced, investors will be watching how the index performs, as well as trading volumes on SGX. On Friday, the STI closed 3 per cent or 116.37 points lower, and on Monday it declined 7.5 per cent or 285.36 points to 3,540.5 – its worst fall since 2008. Shares of SGX closed on Friday at S$13.02, and tumbled 9.5 per cent or S$1.23 to close at S$11.79 on Monday.
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