OCBC Hits Record High, 5x Long DLC Gains +19%
Singapore stocks ended the shortened trading week (30 March–2 April) slightly higher, even as global markets continued to swing amid ongoing tensions related to the Iran conflict.
The $MSCI Singapore Index - main 2604(SGPmain)$ gained 1.45%, supported by Singapore’s safe‑haven appeal. In line with this, the SiMSCI 7x Long DLC climbed nearly 10%, while the SiMSCI 7x Short DLC fell by a similar magnitude.
Among DLC‑covered counters, $OCBC Bank(O39.SI)$ grabbed the spotlight, hitting a new all‑time high of $22.83 on 2 April and crossing the $100B market‑cap milestone, joining $DBS(D05.SI)$ as the only members of this exclusive group.
OCBC rose around 3.8% for the week, with the $OCBC 5xLongSG261217(TUAW.SI)$ gaining 19% and the $OCBC 5xShortSG261217(MPOW.SI)$ declining by a similar magnitude.
While Singapore markets continue to track global volatility, they generally remain more stable with smaller day‑to‑day price swings, supported by government initiatives such as the equity development programme and the city‑state’s safe‑haven status.
For investors who want to capitalise on this stability but still seek larger returns, DLCs offer an effective way to magnify exposure. Long DLCs allow investors to benefit from upward price movements. Conversely, Short DLCs provide inverse leveraged exposure—useful for expressing a bearish view or hedging existing long positions.
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
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.
