DBS Group Holdings Ltd
SIN:D05 ISIN:SG9999004279
DBS Group Holdings Ltd is an investment holding company that operates through its main subsidiary, DBS Bank Ltd. The Bank is engaged in the provision of retail, small and medium-sized enterprise, corporate, and investment banking services. The Company's financial businesses are organized into the Consumer Banking and Wholesale Banking Business Groups and Central Operations. Wholesale Banking Business Group is segregated into Enterprise Banking, Corporate and Investment Banking, Global Financial Markets and Central Treasury Unit. In total, the Company has six business segments.
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Asian markets closed mostly higher on Wednesday as materials shares were boosted by strong commodities prices. Japan's Nikkei average rose 0.3 percent as exporters gained on strong U.S. data and weakness in yen against greenback. But the rises were pulled back by a drop in shares of Toyota Motor Corp after its recall woes hit its sales. South Korea's Kospi added 1.2%, Hong Kong's Hang Seng Index rose 2.2% and China's Shanghai Composite gained 2.4%.
Asian shares were mostly steady on Tuesday after significant rebounds in the previous trading session. Yesterday the Dow index concluded the last trading day of November in positive territory. It was its fifth consecutive monthly gain, despite a bad news from Dubai.
Asian major indexes were higher Friday after a late-day recovery in the U.S. market. Japan's Nikkei 225 closed up 0.96%, while Korea's Kospi ended 0.5% higher. Shanghai Composite surged 3% to over 2300 points, Hong Kong's Hang Seng Index added 2.47% and Taiwan's main index up 2.1%.
Asian markets ended mixed Tuesday as and financial stocks gained but property developers lost ground on a weak outlook for prices.
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