DBS shares jump 2%, crosses the $50 mark
DBS shares climbed above the S$50 mark in early trade on Friday (Aug 8), one day after it hit that record-level following news of improved Q2 earnings.
The counter hit a high of S$50.98 on Friday morning, up by S$1.23 or 2.5 per cent, having reached an all-time high level of S$50 on Thursday, before receding to close the day at S$49.75.
By 9.14 am, the stock had eased to S$50.88, still up by S$1.13 or 2.3 per cent, with some 2 million shares changing hands.
Year to date, it is up by more than 16 per cent from its closing price of S$43.72 on the last trading day of 2024.
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