D05.SI - DBS Group Holdings Ltd
| Previous close | 25.01 |
| Open | 25.11 |
| Bid | 25.09 x 0 |
| Ask | 25.12 x 0 |
| Day's range | 24.96 - 25.12 |
| 52-week range | 22.80 - 28.64 |
| Volume | 4337600 |
| Avg. volume | 3,642,308 |
| Market cap | 64B |
| Beta (3Y monthly) | 1.06 |
| PE ratio (TTM) | 10.49 |
| EPS (TTM) | 2.39 |
| Earnings date | 13 Feb 2020 |
| Forward dividend & yield | 1.50 (5.97%) |
| Ex-dividend date | 2019-11-18 |
| 1y target est | 30.14 |
- Reuters
Companies go 'speed dating' in race for Singapore digital bank licences-sources
About three dozen firms including ride-hailer Grab, Standard Chartered and Singapore Telecommunications are in talks to form consortiums that can meet tough entry norms to bid for Singapore's digital bank licences, sources said. Singapore's biggest liberalisation of its banking sector in two decades seeks to enable online-only banks that can operate at lower costs and therefore offer different services than those of incumbents including DBS Group and OCBC.
- Reuters SG
SE Asia Stocks-Most drop as Sino-U.S. tensions over Hong Kong cap risk mood
* Indonesia set to snap six-day losing streak * Thailand trade data due later in the day * Singapore set for worst week in nearly 2 months By Arundhati Dutta Nov 29 (Reuters) - Most Southeast Asian markets fell in low-volume trade on Friday as investors were worried that a new U.S. bill backing protesters in Chinese-ruled Hong Kong may cloud trade negotiations between two of the world's leading economies. On Thursday, China threatened reprisal after U.S. President Donald Trump signed into law the legislation supporting anti-government protesters in Hong Kong.
- Reuters SG
UPDATE 2-SMFG's chances of buying Permata improve after Singapore banks drop out-sources
Sumitomo Mitsui Financial Group's (SMFG) chances of snapping up Indonesia's PT Bank Permata have improved after two key rivals dropped out of the race to buy the $2.4 billion-valued lender, sources said on Friday. One of the sources said SMFG was in advanced talks to negotiate terms for the purchase of the mid-sized bank, in which Standard Chartered and Indonesian conglomerate PT Astra International each own a 45% stake.
- Reuters SG
Japan's SMFG boosted after two rivals drop out from Bank Permata bidding-sources
Sumitomo Mitsui Financial Group's (SMFG) chances of acquiring a majority stake in PT Bank Permata have improved after two key rivals dropped out of the race to buy the $2.4 billion-valued Indonesian lender, sources said. While Singapore lender OCBC Group Holdings and DBS Group Holdings Ltd had shown interest in the auction for mid-sized Permata, they are no longer pursing it, the sources, who declined to be named because they were not authorised to talk to the media, said. Reuters reported last week that SMFG and OCBC were working on competing offers and were seen as the frontrunners for Permata.
- Reuters
SE Asia Stocks-Tumble as Hong Kong chaos, trade deal uncertainty hurt sentiment
* Thailand's Indorama falls on qtrly profit drop * Singapore's DBS flags a weaker 2020 * Malaysia Sept industrial production rises By Anushka Trivedi Nov 11 (Reuters) - Southeast Asian markets closed in the red on Monday, with Thailand falling the most, as the latest escalation of violence in Hong Kong and uncertainty surrounding U.S.-China trade deal tempered sentiment. The Hong Kong police fired live rounds of ammo at protesters, critically injuring one, as the Chinese-ruled territory spiralled into rare working-hours violence in its 24th straight week of pro-democracy unrest.
- Reuters
SE Asia Stocks-Falter on trade deal uncertainty, China data
* China Oct PPI falls most in 3-yrs * Thai shares lead losses * Singapore's DBS Group flags weaker 2020 By Anushka Trivedi Nov 11 (Reuters) - Southeast Asian stock markets edged lower on Monday as uncertainty over whether the United States and China would end their bruising trade war lingered, while data from Beijing brought slowdown fears to the fore. U.S. President Donald Trump on Friday contrasted reports of officials from U.S. and China agreeing to rollback existing tariffs by saying he had not agreed to such a deal, which sparked fresh doubts over whether the two sides would find a segue in their damaging tariff spat. Meanwhile, data showed that China's producer prices, a key indicator of corporate profitability, fell the most in more than three years in October, as the manufacturing sector weakened while consumer prices grew at their fastest pace in about eight years.
- Reuters
UPDATE 2-Singapore's DBS Q3 profit beats view on wealth fees, cautions on outlook
DBS Group Holdings, Southeast Asia's biggest lender, reported that higher wealth management fees drove a forecast-beating 15% rise in third-quarter profit, but cautioned growth will slow next year due to the impact of lower interest rates. The Singaporean bank said on Monday it expects its net interest margin, a key gauge of profitability, to fall by about 7 basis points in 2020.
- Reuters SG
UPDATE 1-Singapore's DBS beats estimates with 15% profit jump
The Singaporean bank's net profit came in at S$1.63 billion ($1.20 billion) in the three months ended Sept. 30, compared with S$1.41 billion a year earlier and an average estimate of S$1.57 billion from five analysts, according to Refinitiv data. Net interest income rose 8% to S$2.46 billion in the quarter, while net interest margin came in at 1.90%. Singapore's banks face a challenging outlook as interest rates soften and lending moderates after robust growth in recent years.
- Reuters SG
UPDATE 2-Japan's SMFG, Singapore's OCBC compete for majority stake in Indonesian bank -sources
Sumitomo Mitsui Financial Group (SMFG) and Singapore lender OCBC Group Holdings are vying to buy Indonesia's PT Bank Permata and are working on respective offers, sources familiar with the matter said on Thursday. Japanese and other Asian banks are increasingly targeting a presence in Indonesia in the hope of tapping an emerging middle class in the country with a population of 260 million people.
- Reuters SG
DBS, Trafigura start blockchain trade platform in Singapore
Southeast Asia's largest bank DBS, Swiss commodities trader Trafigura and their partners have started a blockchain trading platform in Singapore aimed at reducing paperwork and improving trade flows, the bank said. The first trade to be carried out on the ICC Tradeflow platform will be a cargo of iron ore worth $20 million to be shipped from Africa to China this month, DBS said on Wednesday. The platform is built on Singapore's Infocomm Media Development Authority's (IMDA's) network infrastructure and Perlin's blockchain technology, DBS said.