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by: Tam Ging Wien

– Prices have corrected, but still above our desired price range

The 3 major local bank stocks have fallen approximately 5.5% in the month of August-2017. DBS has fallen the most from a high of $22.25 and currently trading at $20.42 representing an 8.22% fall. The smaller brothers UOB and OCBC fallen much less from at a high of $24.60 and $11.49 and currently trading at $23.61 and $10.99…