Weekly Recap: DBS, OCBC and Seatrium shares gain with positive news – The Global Tofay

Weekly Recap: DBS, OCBC and Seatrium shares gain with positive news - The Global Tofay Global Today
I recently had my second Covid infection.  Having recovered from the infection, I continued to have a persistent cough that made it difficult for me to attend to some of my speaking engagements. 

So this week I went to see a sinseh with the hope of recuperating faster. What surprised me was that the bill came up to close to $200 for the consultation and a week of medication! 

It is no wonder that Traditional Chinese Medicine company Eu Yan Sang International was recently acquired at a valuation of S$800 million. 

However, they are not the only company that has caught the eye of investors recently. 

Singapore banks have also done well this year, with DBS and OCBC reporting record net profits. We find out what are their prospects in the coming quarters. 

This week, Seatrium announced a S$11 billion order from Petrobras, which also boosted its share price. We


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