Singapore Bank Stocks to Gain From Trimming Board Lot Size -- Market Talk

Dow Jones11-20

0804 GMT - Singapore banking stocks could benefit from Singapore Exchange's plan to cut board lot sizes for certain securities, says Citi analyst Tan Yong Hong in a note. Singapore Exchange plans to reduce the board lot size to 10 units from 100 for securities above S$10 apiece. For example, the minimum investment size for DBS Group would be lowered from S$5,370 to S$537, based on Wednesday's closing price, Tan notes. Citi expects this move to boost retail participation in Singapore lenders' shares. Citi maintains its buy ratings for DBS and OCBC, and target prices at S$61.10 and S$20.30, respectively. DBS gains 0.2% to S$53.83 while OCBC adds 0.55% to S$18.26. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

November 20, 2025 03:04 ET (08:04 GMT)

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Citi expects this move to boost retail participation in Singapore lenders' shares. Citi maintains its buy ratings for DBS and OCBC, and target prices at S$61.10 and S$20.30, respectively. DBS gains 0.2% to S$53.83 while OCBC adds 0.55% to S$18.26. 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Singapore Exchange plans to reduce the board lot size to 10 units from 100 for securities above S$10 apiece. For example, the minimum investment size for DBS Group would be lowered from S$5,370 to S$537, based on Wednesday's closing price, Tan notes. Citi expects this move to boost retail participation in Singapore lenders' shares. Citi maintains its buy ratings for DBS and OCBC, and target prices at S$61.10 and S$20.30, respectively. DBS gains 0.2% to S$53.83 while OCBC adds 0.55% to S$18.26. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2025 03:04 ET (08:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0072462343.USD","symbol_name":"贝莱德亚洲巨龙基金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2584186132","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584186132","pubTimestamp":1763625840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0804 GMT - Singapore banking stocks could benefit from Singapore Exchange's plan to cut board lot sizes for certain securities, says Citi analyst Tan Yong Hong in a note. 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Singapore Exchange plans to reduce the board lot size to 10 units from 100 for securities above S$10 apiece. For example, the minimum investment size for DBS Group would be lowered from S$5,370 to S$537, based on Wednesday's closing price, Tan notes. Citi expects this move to boost retail participation in Singapore lenders' shares. Citi maintains its buy ratings for DBS and OCBC, and target prices at S$61.10 and S$20.30, respectively. DBS gains 0.2% to S$53.83 while OCBC adds 0.55% to S$18.26. 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