Shares & Derivatives
Smart Reads of the Week: Singapore Banks Hitting New Highs, iFAST’s UK Digital Bank Foray and Q&M Dental
By The Smart Investor  •  January 15, 2022
Banks have been in the limelight this week. DBS Group (SGX: D05), Singapore’s largest bank, recently hit an all-time high of S$35.51 while United Overseas Bank Ltd (SGX: U11) hit its 52-week high of S$29.44 We delve more deeply into the reasons for this rise to assess if it can be sustained. Speaking of banks, financial technology group iFAST Corporation Limited (SGX: AIY) announced that it purchased an 85% stake in a UK digital bank, BFC Bank. This move was aimed at boosting its customer base and assets under administration while giving the fintech group a coveted banking licence. We explore the details of this deal and tease out its pros and cons. Here is a list of our top articles for this week. 1. DBS and UOB Share Prices are Hitting New Highs: Can Their Run Continue? As mentioned above, the share prices of both DBS and UOB are hitting new highs. Can this streak continue?...
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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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