Market SnapshotSingapore stocks opened higher on Monday. Hongkong Land rose 2.5%; Seatrium rose 1.1%; Sembcorp and ThaiBev rose 1%; DBS rose 0.8%; Singtel rose 0.7%; UOB rose 0.4%; Olam fell 1.6%.Stocks to Watch$Genting Sing(G13.SI)$: Resorts World Sentosa (RWS) chief casino operator Andrew MacDonald stepped down on Friday, Genting Singapore, the owner of RWS, said on Saturday. This comes after MacDonald, a former Marina Bay Sands (MBS) employee, said in August that he was banned from MBS premises for allegedly poaching high-rollers. Shares of Genting Singapore ended trading on Friday up 1.2 per cent or S$0.01 at S$0.845, before the update.$CityDev(C09.SI)$: CDL subsidiary Chenghong Shanghai acquired
All Time Highs! Can SG Banks Continue to Outperform SPX This Year?
DBS, OCBC, and UOB all hit all time highs today and then pullback. The three major banks achieve more than 30% gains in 2024. DBS has risen 52% in 2024βcan it maintain this upward trend this year? Are the three major banks the most worthwhile Singapore stocks to buy? What are the best reasons to invest in the three major banks? Can they still outperform S&P 500 in 2025?
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