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Market View: What should you look out for as Singapore banks trade at their peaks?
Singapore stocks kicked off in positive territory in early trading, as global markets continued to rally after Donald Trump’s election win this week. To end the day, the Straits Times Index closed up 1.4%. Meanwhile, shares of Singapore banks have performed strongly, with DBS up 40%, OCBC up 24% and UOB up 26% year to date. So what’s driving Singapore banks' strong share performance? What risks should investors look out for? On Market View, Willie Keng speaks to Carmen Lee, Head of OCBC Investment Research, to find out more on the shares and results of local banks, US Fed rate decision, and…
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