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STI 1880.58 -33.08		HSI 14987.46 0.00	N225 9239.24 0	SSE 1924.012 0.00	DJ 8769.70 -245.40	Nasdaq 1599.06 -53.32

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28-10-2008, 11:35 PM

abhinav2492 abhinav2492 is offline

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DBS Group Holdings Ltd

DBS Group Holdings Ltd., the third-largest, declined 9.2 percent to S$9.12. Singapore bank stocks have lost 20 percent of their value over the past week, JPMorgan said in a note today.

They slashed their price targets for United Overseas to $20 from S$23, that for DBS to S$20 from S$25, and for Oversea- Chinese to S$6.50 from S$8.

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