Singapore's Big 3 Banks Lost $592 Million in One Week - Here's Why Smart Money is Running
Key Points
- Institutional investors dumped $592 million in Singapore's t...
When institutions dump $592 million worth of Singapore's banking darlings in a single week, you know something's brewing stronger than your morning kopi. The country's financial heavyweights - DBS, OCBC, and UOB - just watched their biggest fans pack up and leave, creating the kind of selling pressure that makes even seasoned traders reach for their stress balls.
Just weeks ago, DBS was strutting around at its all-time high of $52.87, looking like the financial equivalent of a straight-A student who never gets in trouble. Investors were treating these banks like digital gold during geopolitic...
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