|Bid||35.13 x 0|
|Ask||35.14 x 0|
|Day's range||34.99 - 35.29|
|52-week range||24.81 - 36.13|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||14.30|
|Earnings date||14 Feb 2022|
|Forward dividend & yield||1.32 (3.75%)|
|Ex-dividend date||12 Nov 2021|
|1y target est||36.38|
DBS Group Holdings Ltd (DBSDY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$5 billion ($3.7 billion), bringing the U.S. bank closer to its goal of exiting retail operations in 13 markets. The proposed acquisition by Singapore's UOB will be its biggest in two decades and double its retail customer base in the four markets in Southeast Asia, where the bank already has a substantial presence and competes with larger rivals including DBS Group and OCBC.
Singapore Airlines is aiming to raise $500 million to $750 million in a U.S. dollar bond deal, two sources with direct knowledge of the matter told Reuters on condition of anonymity as the information was not yet public. Singapore Airlines confirmed it had hired banks to explore a deal, without commenting on its potential size. The airline said, in an emailed response to Reuters, that it had mandated Citigroup Inc and DBS to lead the transaction, and BNP Paribas as well as Standard Chartered to be book runners.