Home Capital Broker's Calls

DBS sees seasonal support ahead for STI as ex-dividend period approaches

Atiqah Mokhtar
Atiqah Mokhtar3/3/2021 4:55 PM GMT+08  • 3 min read
DBS sees seasonal support ahead for STI as ex-dividend period approaches
The STI has rebounded from a low of 2,870 in February as rising yields and an improved global pandemic outlook buoyed gains.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Following a correction period in February, DBS Group Research sees the Straits Time Index (STI) picking up in the coming months, in-line with a strong March-April seasonal trend as well as an improved outlook for banks and upcoming ex-dividend period.

The STI has rebounded from a low of 2,870 in February as rising yields and an improved global pandemic outlook buoyed gains.

DBS Analysts Yeo Kee Yan, Woon Bing Yong and Janice Chua expect opportunities in S-REITs amidst the recent pullback.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.