The STI has risen 10 days stra

The STI has risen 10 days straight, hitting new all-time highs repeatedly. And when you look at this year's top 5 gainers on the whole Singapore market — 3 out of 5 are banks: OCBC (+47.4%), DBS (+33.1%), UOB (+30.5%). DBS also just crossed S$200 billion in market cap for the first time.

Macquarie Research (a research firm) just put out their Q2 preview on the sector, and they're bullish — upgrading DBS and UOB to Outperform, joining OCBC, and raising target prices 24% on average.

Big Five Banks Kick Off Q2 Earnings Tuesday — Who Sets the Tone?

JPMorgan, Goldman Sachs, Citigroup, Bank of America, and Wells Fargo report Q2 results before Tuesday's open, firing the first shot of earnings season. Markets will focus on net interest income trends, investment banking and trading performance amid elevated volatility, and credit provisions signaling consumer health. With rate path uncertainty and geopolitical headwinds clouding the outlook, will the banks' H2 guidance and credit cost trajectories lift market sentiment or deliver a cold shower?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":587084459778752,"tweetId":"587084459778752","gmtCreate":1784361357623,"gmtModify":1784362511523,"author":{"id":4143001014413252,"idStr":"4143001014413252","authorId":4143001014413252,"authorIdStr":"4143001014413252","name":"TimothyX","avatar":"https://community-static.tradeup.com/news/88095d545705c78d936c6451b3bf62a0","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":108,"starInvestorFlag":false},"themes":[{"themeId":"0e7e895d13244d2885c190c4ea5c387e","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Big Five Banks Kick Off Q2 Earnings Tuesday — Who Sets the Tone?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":0e7e895d13244d2885c190c4ea5c387e}&rnconfig={\"headerBarHidden\": true}","description":"JPMorgan, Goldman Sachs, Citigroup, Bank of America, and Wells Fargo report Q2 results before Tuesday's open, firing the first shot of earnings season. Markets will focus on net interest income trends, investment banking and trading performance amid elevated volatility, and credit provisions signaling consumer health. With rate path uncertainty and geopolitical headwinds clouding the outlook, will the banks' H2 guidance and credit cost trajectories lift market sentiment or deliver a cold shower?","image":"https://community-static.tradeup.com/news/37b509fd6180feed6c68f58264757fac"}],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body>The STI has risen 10 days straight, hitting new all-time highs repeatedly. And when you look at this year's top 5 gainers on the whole Singapore market — 3 out of 5 are banks: OCBC (+47.4%), DBS (+33.1%), UOB (+30.5%). DBS also just crossed S$200 billion in market cap for the first time.\n\nMacquarie Research (a research firm) just put out their Q2 preview on the sector, and they're bullish — upgrading DBS and UOB to Outperform, joining OCBC, and raising target prices 24% on average.</body></html>","htmlText":"<html><head></head><body>The STI has risen 10 days straight, hitting new all-time highs repeatedly. And when you look at this year's top 5 gainers on the whole Singapore market — 3 out of 5 are banks: OCBC (+47.4%), DBS (+33.1%), UOB (+30.5%). DBS also just crossed S$200 billion in market cap for the first time.\n\nMacquarie Research (a research firm) just put out their Q2 preview on the sector, and they're bullish — upgrading DBS and UOB to Outperform, joining OCBC, and raising target prices 24% on average.</body></html>","text":"The STI has risen 10 days straight, hitting new all-time highs repeatedly. And when you look at this year's top 5 gainers on the whole Singapore market — 3 out of 5 are banks: OCBC (+47.4%), DBS (+33.1%), UOB (+30.5%). DBS also just crossed S$200 billion in market cap for the first time. Macquarie Research (a research firm) just put out their Q2 preview on the sector, and they're bullish — upgrading DBS and UOB to Outperform, joining OCBC, and raising target prices 24% on average.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/587084459778752","repostId":0,"isVote":1,"tweetType":1,"viewCount":13,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":400,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/587084459778752"}