Inventory traders have a lot to cheer previously week. In spite of everything, the Singapore’s benchmark Straits Instances Index (STI) reached a one-year excessive, whereas the S&P 500 reached one other report excessive. Like many others, what caught my eye was DBS share value‘s blistering rally to an all-time excessive. DBS has gained near 25% this 12 months, exceeding the beneficial properties of the S&P 500 index. In reality, DBS is only one of 5 Singapore blue chip shares that noticed double-digit beneficial properties within the first half of the 12 months. We discover out if the sturdy efficiency of those blue chip shares would proceed into the second half of the 12 months. For the savers on the market, there may be additionally some optimistic information because the greatest fastened deposit fee in Singapore has been raised in July. Likewise, some banks additionally raised the rates of interest on their financial savings accounts this month. We uncover what’s…
