DBS Group Holdings (SGX: D05) – The Banking and Wealth Titan
Still thinking Singapore stocks are boring? You might want to think again. With DBS surpassing S$200 billion in market capitalisation for the first time, this could mark the start of a major flexing of the small city-state’s financial muscles....On 5 October this year, blue-chip stocks will become more affordable for retail investors with smaller capital.
The reason?
That’s when the standard board lot size for pricier stocks – those priced above S$10 and up to S$100 – will be reduced to just 10 units, from the original 100 units.
The implications?
Eleven stocks will drop to smaller trading units, lowering the barriers to entry.
Younger investors with small capital outlays can embark on their investing journey earlier, with a longer compounding runway.
Still, it pays to be discerning when deciding what to buy, even for blue-chip stocks.
Here are three from different sectors that you could consider.