SG banks looking to close higher by year end

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SG banks looking to close higher by year end

Mooo
2022-11-06

With the FED recently increasing the interest rate by another 75 basis points in November, coupled with the 3 local banks in Singapore reporting that they have better earnings than expected (net profit all increasing). By the end of the year, it is forseeable thatthey will end the year strong with the share price rising another 3-5%.

I remain bullish on all 3 banks and already have positions in 2 of them. Backtesting with each of the local bank share price have given me confidence into how I invest. I am looking to add many more positions into my existing holdings. Always remember to do your own due diligence.

What are your thoughts?

# Why did You Start Trading or Investing?

Modify on 2022-11-06 21:05

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.

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Aiyoh78
·2022-11-06
Ok
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tomomeow
·2022-11-06
[Onlooker]
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tina go
·2022-11-06
k
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JeremyCcccc
·2022-11-06
Up
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Nkx
·2022-11-06
[Like]
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Sysy
·2022-11-06
i
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Andie8392
·2022-11-06
ok
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PKPink
·2022-11-06
Noted
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pinacolada
·2022-11-06
[smile]
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W3ndy
·2022-11-06
😀
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bunnygal
·2022-11-06
tks
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Max77777
·2022-11-06
👍
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boohuang
·2022-11-06
ok
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OMZ
·2022-11-06
Yes
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WHJW
·2022-11-06
Good
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Tonygoh82
·2022-11-06
👏
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Zeniv
·2022-11-06
ok thanks
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NP_YT
·2022-11-06
Ok
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Muppy
·2022-11-06
moo
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1
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Intellect
·2022-11-06
😀
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