Before the release of the banks' results, many are concerned of the banks' elevated valuations. Exercising caution, some likely locked in profits while those with high conviction continues to accumulate from the dip. With the positive results from the banks (especially DBS and OCBC), STI's run looks sustainable.

LongPort - Captain's Watch
Captain's Watch

☕️ [Task Coins Giveaway] Daily Market Talk — STI Hits Fresh Highs as SpaceX Shrugs Off $100B Share Unlock

Singapore's banks delivered a clean sweep this week: DBS, SGX and Venture Corp all beat, then OCBC and UOB followed with strong earnings of their own, sending $FTSE Straits Times Index(STI.SG) to fres...

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