Previous Close | 16.10 |
Open | 16.15 |
Bid | 16.08 x 0 |
Ask | 16.15 x 0 |
Day's Range | 16.03 - 16.27 |
52 Week Range | 12.27 - 16.60 |
Volume | |
Avg. Volume | 5,972,919 |
Market Cap | 72.349B |
Beta (5Y Monthly) | 0.55 |
PE Ratio (TTM) | 9.69 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.88 (5.47%) |
Ex-Dividend Date | Aug 12, 2024 |
1y Target Est | N/A |
Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.
Oversea-Chinese Banking(SGX:O39) is making significant strides with the recent incorporation of subsidiaries like Market Street Properties Private Limited in Singapore, aimed at holding investment properties. This move aligns with OCBC's strategic focus on expanding its investment portfolio and geographical presence in Southeast Asia. In the discussion that follows, we will delve into OCBC's financial performance, strategic initiatives, and the challenges it faces, as well as the key areas...