I think both have good fundamentals and are worth investing in, but the volatility can still drive them lower, especially if trump can't really bring the war to a close even though he declares it will end soon. The market just needs one flashpoint and everything will suffer a big slide.
DBS Up 2%! Are Sellers Done, or Will the Downtrend Resume?
DBS has been sliding after its earnings report and recently fell below SGD 55 amid geopolitical pressures. However, the fundamentals remain solid.
DBS has emerged as the laggard year-to-date, with its share price down 2.4%, contrasting with OCBC’s 5.8% gain. This pullback has pushed DBS’s dividend yield to an attractive 5.9%.
Do you think DBS is now more appealing than the other two banks? Has this downward trend ended, or is further weakness still ahead?
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