Shares & Derivatives
Smart Reads of the Week: DBS’s Blowout Earnings Signals Better Days Ahead
By The Smart Investor  •  May 1, 2021
DBS Group (SGX: D05) was the first Singapore bank to report earnings and it was a blowout quarter. Tellingly, Singapore’s largest bank reported lower bad debts and is expecting higher loan growth in 2021. The other two local banks are due to report in the coming week. DBS also flagged better days ahead as the economic recovery seems to be gaining momentum. On the REITs front, popular REITs such as Mapletree Commercial Trust (SGX: N2IU) and Frasers Centrepoint Trust (SGX: J69U) reported a rebound in their distribution per unit. If the results released so far are an indication of what’s to come, then investors have much to cheer about. Here is a list of our top articles for the week. 1. DBS Reports a Record S$2 Billion Net Profit: 5 Highlights from Its Latest Quarterly Earnings Here are five interesting facts from Singapore’s largest bank’s latest quarterly results....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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