DBS shares vault past S$46 in intraday trading on strong results, capital return dividend plan
OCBC and UOB also hit record highs
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends, alongside yet another record full-year net profit.
The counter climbed as much as 4.1 per cent or S$1.82 to reach an intraday and all-time high of S$46.50 shortly after market opened on Monday (Feb 10).
It later eased to trade at S$45.60 as at 3.51 pm, up 2.1 per cent or S$0.92, and was the top-traded counter by value with 6.8 million securities worth S$311.3 million transacted.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands