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Singapore stocks hit new highs as banks soar: Weekly Market Recap
By Beansprout  •  July 12, 2026
There was plenty of excitement in the Singapore stock market this week. DBS, UOB and OCBC all reached record highs, with DBS crossing S$70 per share for the first time. Whenever DBS rallies, one question tends to come up again and again. Is DBS still a buy, or is it time to sell? I received that question several times over the past week. My answer is that it depends on what we are looking for from the stock. Are we buying it for our income pot, where dividends and stability matter more? Or are we looking at it as an opportunity pot idea, where future upside becomes the bigger consideration? This week, we look at what has been driving the strong performance of the Singapore banks, as well as the key risks to watch for investors wondering whether there may be more upside ahead. I have also seen plenty of...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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