DBS Group is trading lower after closing at S$73.85 on October 8, down 4.70%, as investors took profits after a strong run. - Singapore’s three major banks fell for a second day in a sector-wide pullback, as investors worried about bond yields, potential funding-cost increases and earnings risks. - DBS traded 18.6 million shares on October 8, The Straits Times reported. Citi’s OCBC downgrade weighed on sentiment but was not a DBS-specific catalyst; no DBS-specific announcement explained the decline.
🔴 DBS Group is trading 4.7% down amid sector-wide profit-taking