SGX:DBSM.SI 14 January 2026 - 5 February 2026

DBS shares rose 0.4% to S$59.57 in Thursday afternoon trading, with about 2.5 million shares exchanged. The stock hovered just below its 12-month high as investors positioned ahead of next week’s earnings and dividend announcement. Singapore’s STI closed at a record high Wednesday, lifted by gains in local banks. Broader Asian markets slipped after a tech-led selloff on Wall Street.

DBS shares fell about 0.8% to S$58.66 Monday after CGS International downgraded the stock to “hold,” citing weaker margins and a soft Q4 outlook. The broker flagged risks from a lower SORA and possible earnings pressure, while maintaining a S$60.50 target. DBS reports full-year results on Feb. 9. OCBC slipped 0.5%; UOB edged up 0.2%.

DBS shares fell 0.5% to S$58.19 in Wednesday afternoon trading. The bank will report full-year 2025 results before the market opens on Feb. 9. CEO Tan Su Shan advised clients to hedge large U.S. dollar positions, citing currency swings. The Straits Times Index slipped 0.1%.