DBS share price dips after CGS downgrade, with Feb. 9 results the next test
DBS shares fell 0.8% to S$58.26 after CGS International downgraded the stock to “hold,” citing pressure on net interest margins as Singapore’s benchmark rate slipped. The stock remains near its 52-week high ahead of full-year results due Feb. 9. OCBC rose 0.5%, while UOB dipped 0.3%.