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List of Bank Stocks| SGX Stock List

List of Bank Stocks| SGX Stock List

These are 3 usual power bank stocks publicly listed in SGX. Fundamentally, they are strong banks with huge reserve. Though the recent Oil and Gas saga – Swiber  might cause a write-down of up to $700million loss by the largest Singapore bank (DBS) and hence cutting its 2016 earning by 3percent, the capital adequacy of DBS should not be affected.

Company NameCodeIndustryMkt. Cap.in S$ mmTot. Rev.in S$ mmP/EDiv. Yld.in %
Oversea-Chinese Banking Corporation LimitedO39Banks35,258.967,901.889.7794.27%
United Overseas Bank LimitedU11Banks28,802.77,528.19.2793.91%
DBS Group Holdings LtdD05Banks37,928.8210,1188.793.99%

Source : SGX Singapore (updated 13 August 2016). Note: Above SGX stock list of Bank stocks was sorted out based on the highest dividend yield rate records and with PE Ratio less than 10. Do your own due diligence.

In my personal opinion, it is still not a good time to scoop fundamentally strong stocks like DBS now. The market for Oil and Gas as well as commodity market is still very weak and uncertain. The rise of interest rate has also been delayed due to the implication of BREXIT and upcoming Euro economy tension.

Best thing to do now is to do nothing and we can consolidate the cash position as much as possible to wait for crisis opportunity.

One comment

  1. Yah ! As Warren Buffet said ,,, The stocks market is a device for transferring money from impatient to patient ,,
    Cheers !

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