SUBSCRIBERS

DBS shares add 2.5% in heavy Wednesday trading

Published Wed, Jun 19, 2019 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

IT was a risk-on day for the local bourse, and DBS Group Holdings got an extra boost, gaining up to 3 per cent to outperform the local benchmark.

This comes after OCBC Investment Research upgraded its recommendation on the banking stalwart's stock to "buy" with a fair value of S$29.18, adding that it was an "opportune time to accumulate the stock".

Copyright SPH Media. All rights reserved.