📢In a pre-market announcement, $DBS(D05.SI)$ reported a 10% drop in 4Q net income to SGD 2.36 billion, below the SGD 2.57 billion average estimated by Bloomberg analysts
💸The below expected result was due to higher tax expenses and the absence of non-recurring gains posted a year ago
🔻The first of the three local banks to report, DBS opened 1.8% lower to $58.24 this morning as of 905AM, but has quickly clawed back the losses to be traded just 0.9% lower to $58.745 ten minutes later
✳Trending DBS call warrant $DBS MB eCW260730(FQCW.SI)$
(https://warrants.com.sg/tools/livematrix/FQCW) is trading 15.9% lower to SGD 0.069 and seeing some buying this morning
✴Trending DBS put warrant $DBS MB ePW260630(RBFW.SI)$ (https://warrants.com.sg/tools/livematrix/RBFW) on the other hand, was up as much as 17.5% to SGD 0.067
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