Shares & Derivatives
DBS, OCBC, UOB: which is a BEST BUY NOW?
By Singapore Stocks Investing (SSI)  •  September 14, 2017
It has been some time since we last discussed banking stocks. So now without further ado, let us turn our investing focus on the three largest banking stocks on SGX: DBS, UOB and OCBC. DBS currently trades at $20.38 per share, with a dividend yield of 3.08% and at a Price-to-Earning ratio of 12.06. OCBC currently trades at $11.02 per share, with a dividend yield of 3.28% and at a Price-to-Earning ratio of 12.29. For UOB which trades at $23.22 per share, its dividend yield is 2.98% and at a Price-to-Earning ratio of 12.63. Interestingly, the Price-to-Earning ratio for the three stocks is similar. A look at the technical charts of the three stocks suggests that they have been enjoying the rally in stock prices. Should the US Federal Reserves continue to increase inflation rate, yes, this will stand the banking ......
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By Singapore Stocks Investing (SSI)
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