Singapore equities mostly advanced on Tuesday (19 May) as investors sought safe-havens amid volatility sparked by the Iran war.
Banks took the spotlight on expectations that inflationary pressures could keep interest rates elevated, supporting banks’ net interest margins.
Of note, $DBS (D05.SG)$rose 2.01% to close at $62 for the first time. Corrrespondingly, the DBS 5x Long DLC gained around 10%, with the DBS 5x Short DLC declined by a similar magnitude.
$OCBC Bank(O39.SI)$ and $UOB(U11.SI)$ rose 1.69% and 1.23% respectively. Amplifying the move, the OCBC 5x Long DLC climbed close to 8.5% while the OCBC 5x Short DLC fell by a similar magnitude. Meanwhile, the UOB 5x Long DLC rose 6.1%, with the UOB 5x Short DLC declining a similar magnitude.
For investors seeking to capitalise on this stability while enhancing exposure, DLCs provide an efficient way to magnify potential gains through leveraged long or short positions on key Singapore stocks and indices.
Meanwhile, $NVIDIA(NVDA)$ is set to report earnings on 20 May after the US market close. Investors may use Nvidia 3x Long and Short DLCs to position ahead of earnings during SGX trading hours on 20 May, or react to results ahead of the US market open on 21 May.
See the full list of DLCs on dlc.socgen.com.
This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.
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