Singapore Stock Market News

DBS Group - Rising rate beneficiary

StockFanatic
Publish date: Thu, 18 Sep 2014, 04:06 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Immediate beneficiary of turn in rate cycle
DBS Group is estimated to see the largest and most immediate impact from a turn in the interest rate cycle. This is expected to be a positive catalyst for the stock assuming the US interest rate cycle turns next year. Historically, there is a strong positive correlation between the 3 month SIBOR rate and DBS' net interest margin (NIM).

The latter has also seen a convergence with the sector average with the gap closing to only 3bp by year end from a peak of 16bp.
Read more »
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment