DBS Group, OCBC Shares Notch Fresh Intraday Highs -- Market Talk

Dow Jones

05/22

0413 GMT - Singapore banking heavyweights DBS Group and Oversea-Chinese Banking Corp. continued their streak of record intraday highs, supporting gains in the benchmark FTSE Straits Times Index. The stocks could be buoyed by the Federal Reserve drastically scaling back its rate-cutting cycle, with higher interest rates likely to help these lenders maintain their net interest margins, says WRISE Private Singapore's Jude Lin in an email. The local banks also recently reported earnings that beat estimates and reinforced the city-state's booming wealth-management sector, he adds. DBS shares rise 0.5% to S$62.05 after earlier touching S$62.08. OCBC's stock is last 0.9% higher at S$23.54 after marking S$23.58. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 22, 2026 00:13 ET (04:13 GMT)

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The stocks could be buoyed by the Federal Reserve drastically scaling back its rate-cutting cycle, with higher interest rates likely to help these lenders maintain their net interest margins, says WRISE Private Singapore's Jude Lin in an email. The local banks also recently reported earnings that beat estimates and reinforced the city-state's booming wealth-management sector, he adds. DBS shares rise 0.5% to S$62.05 after earlier touching S$62.08. OCBC's stock is last 0.9% higher at S$23.54 after marking S$23.58. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 22, 2026 00:13 ET (04:13 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DBS Group, OCBC Shares Notch Fresh Intraday Highs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS Group, OCBC Shares Notch Fresh Intraday Highs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-22 12:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0413 GMT - Singapore banking heavyweights DBS Group and Oversea-Chinese Banking Corp. continued their streak of record intraday highs, supporting gains in the benchmark FTSE Straits Times Index. The stocks could be buoyed by the Federal Reserve drastically scaling back its rate-cutting cycle, with higher interest rates likely to help these lenders maintain their net interest margins, says WRISE Private Singapore's Jude Lin in an email. The local banks also recently reported earnings that beat estimates and reinforced the city-state's booming wealth-management sector, he adds. DBS shares rise 0.5% to S$62.05 after earlier touching S$62.08. OCBC's stock is last 0.9% higher at S$23.54 after marking S$23.58. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 22, 2026 00:13 ET (04:13 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ43160589.SGD","symbol_name":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2637367400","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2637367400","pubTimestamp":1779423180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0413 GMT - Singapore banking heavyweights DBS Group and Oversea-Chinese Banking Corp. continued their streak of record intraday highs, supporting gains in the benchmark FTSE Straits Times Index. The stocks could be buoyed by the Federal Reserve drastically scaling back its rate-cutting cycle, with higher interest rates likely to help these lenders maintain their net interest margins, says WRISE Private Singapore's Jude Lin in an email. The local banks also recently reported earnings that beat estimates and reinforced the city-state's booming wealth-management sector, he adds. DBS shares rise 0.5% to S$62.05 after earlier touching S$62.08. OCBC's stock is last 0.9% higher at S$23.54 after marking S$23.58. 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Asian Low Volatility Equity Fund AS SGD-H","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU1206713676.USD":"Aviva Investors - Multi-Strategy Target Return Ah USD"},"translate_title":"星展集团、华侨银行股价创下盘中新高——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"D05.SI":1.94,"O39.SI":1.93},"content_text":"0413 GMT - Singapore banking heavyweights DBS Group and Oversea-Chinese Banking Corp. continued their streak of record intraday highs, supporting gains in the benchmark FTSE Straits Times Index. The stocks could be buoyed by the Federal Reserve drastically scaling back its rate-cutting cycle, with higher interest rates likely to help these lenders maintain their net interest margins, says WRISE Private Singapore's Jude Lin in an email. The local banks also recently reported earnings that beat estimates and reinforced the city-state's booming wealth-management sector, he adds. DBS shares rise 0.5% to S$62.05 after earlier touching S$62.08. OCBC's stock is last 0.9% higher at S$23.54 after marking S$23.58. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 22, 2026 00:13 ET (04:13 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}