Singapore banks continue ascent on Wednesday; DBS, OCBC chart new territory

Singapore banks continue ascent on Wednesday; DBS, OCBC chart new territory

July 3, 2024 / Riah Marton /


AFTER setting fresh records the day before, Singapore’s banks maintained their rising trajectory with DBS and OCBC soaring to unprecedented highs on Wednesday (Jul 3) morning.

For the first time in DBS’ trading history, the lender surpassed the S$38 mark to hit S$38.17 as at 9.23 am, up S$1.07 or 2.9 per cent.

OCBC booked a new all-time high as well, surging as much as S$0.27 or 1.8 per cent to S$15.07 as at 9.16 am.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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