Thursday, December 8, 2011

DBS falls on fears property curb will hurt loans

Shares of Singapore’s largest lender DBS Group Holdings (DBSM.SI) fell as much 3.4% on Thursday on fears that the city-state’s latest measures to curb private home prices will hurt mortgage loans.

At 10:27 a.m., shares of DBS were 3.2% lower at $12.36 with over 1.8 million shares changing hands, making it the second most actively traded stock on the Singapore exchange by value.
 

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