Singapore Exchange Tumbles From 13-Year High as Profit Drops themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.
By Yen Nee Lee, CNBC •
Published August 2, 2021 •
Updated on August 2, 2021 at 10:21 pm
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Singapore s three largest banks are due to report second-quarter earnings this week.
Oversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.
Investors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.
SINGAPORE Singapore s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.
Here s what analysts are expecting from the banks financial report cards, according to estimates compiled by Refinitiv:
Major Asian banks log market-cap growth in Q1 as economic recovery persists | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
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7 Apr, 2021 Author Mc Dowell RamintasRehan Ahmad
All but one of the 20 largest banks in Asia-Pacific saw growth in their market capitalization during the quarter ended March 31, continuing the momentum from the previous quarter, as economic recovery from the COVID-19 pandemic persisted across the region.
Industrial & Commercial Bank of China Ltd. retained its top slot on the ranking list in the quarter after recording a 10.93% quarter-over-quarter growth in market cap to $290.24 billion, according to data compiled by S&P Global Market Intelligence. China Construction Bank Corp., China Merchants Bank Co. Ltd., Agricultural Bank of China Ltd. and Bank of China Ltd. saw their market cap grow 11.32%, 17.13%, 8.27% and 6.66%, respectively, and kept their positions on the list.