SINGAPORE – DBS Group’s market value closed above $200 billion on July 13 for the first time, a milestone for both Singapore’s biggest bank by asset size and the city-state’s stock market.
Its shares ended nearly 0.5 per cent higher at $70.79, after touching an all-time high of $70.80 earlier in the session, taking their gains so far in 2026 to some 26 per cent.
The rally comes before DBS reports its second-quarter results on Aug 6. The bank posted a 1 per cent rise in first-quarter net profit to $2.93 billion, helped by record income and strong wealth management fees. REUTERS
