DBS

🚨 Singapore’s Big 3 Banks: Short Selling Just Spiked Sharply! 🚨

Short selling across DBS, OCBC and UOB rose 61.15% in one day, reaching S$696.2 million on October 8. 📊

Here is the breakdown:

• 📈 DBS: Short interest jumped 612% to S$394.1 million, making it the most shorted stock on the market.

• 📉 OCBC: Short activity eased 45% to S$181.0 million after heavy volumes the previous day.

• 📈 UOB: Short positions more than doubled, up 162% to S$121.0 million.

Combined, these three banks made up more than 60% of all short selling value across the entire market that day.

What comes next? 🤔

With short interest approaching S$700 million in a single session, is this peaking out before a bounce? Or will downward pressure keep building? 🙄

Share your thoughts below!

Not investment and financial advice. Please do your due diligence.

$DBS(D05.SG)$UOB(U11.SG)$OCBC Bank(O39.SG)

With the major banks share prices sliding, it’s a good time for long term investors to buy lots and dollar cost average

It seems that most focus on the bank selloff instead of registering a broad SG market weakness today. Almost all discussions focused on the impact of the Citi analyst downgrade but is this the cause or just the trigger for the sell down? The toppishness/high valuation of the banks have been shared for quite some time but those voices were rediculed by the bank bulls who shares their unwaivering conviction that banks will only go up. Sometimes, Mr Market is just waiting for an excuse at an opportune time to take profits and pass the bag. Such is a time for the baptism of fire for new investors. Good luck and may they emerge stronger after this.

If OCBC or DBS ever drops to single digits per share. I think the potential of rebound and upside will be huge as that most likely after a devastating crisis crash like 2008/09 time period. Why two banks because of their strong income streams (how they earned money) and purely DCA slowly into these and sleep easy every night and also the resilience dividend play. Not financial advice and do your own research.

All new stocks are up today, 😇

Citigroup downgraded OCBC to Sell with a $27.50 target price, expecting flat Q3 earnings; the stock fell 5.9% on Wednesday. The Straits Times Index (STI) dropped ~2.5% to around 5,466 this morning, with OCBC falling another 4.4%, UOB 4.8%, and DBS 3.2%.

A sharp decline in the three major bank stocks is not inevitable; I view this as a normal correction and see no need for panic. If capital can withstand it, now is an excellent time to adjust positions.

$DBS(D05.SG)

DBS got dragged lower after Citi’s cautious OCBC call. But is OCBC’s flattish outlook really a proxy for DBS? I don’t think so—different earnings mix and catalysts. This feels more like sector sentiment than DBS fundamentals.

DBS OCBC UOB, yesterday OCBC dropped more than 5%, today DBS over take OCBC, now it is Top losses. Let's see what is the closing price at 5pm

The Singapore Banks Selloff Continues on Thursday. What Should Investors Do?

🌟🌟🌟The selling pressure on the SGX has intensified on the 2nd day, turning what started as a single broker downgrade into a broader macro rout. Following Wednesday's initial hit, the 3 local banks $DBS(D05.SG)$OCBC Bank(O39.SG)and $UOB(U11.SG)extended their declines on Thursday, dragging the Straits Times Index (STI) down by more than 2.5%.

There is also a fresh macro warning from JP Morgan that surging global long bond yields that were driven by renewed inflation and debt fears in Wall Street, will negatively impact Q3 2026 earnings for South East Asian lenders. This has prompted major institutional desks to trim their banking exposure.

What Should Investors Do Right Now?

Your response should be dictated by your specific investing style and time horizon.

Dividend & Income Investors: Do Not Panic. Stagger your buys.

If your objective is long term passive income, this selloff is a gift. The underlying fundamental health , fortress balance sheets and regional wealth management engines of the local trio have not changed.

Short Term Tactical Traders: Hands Off.

For momentum and swing traders, trading volume is exceptionally heavy on the sell side, creating a clear technical breakdown.

Stay on the sidelines until the bleeding stops. Wait for the banking stocks to form a clear technical base before attempting any mean reversion trades. Q3 earnings season will serve as the ultimate litmus test.

Concluding Thoughts

If you choose to stay the course, hold your ground and use this market correction to your advantage.

As Warren Buffett famously said:

"Every decade or so, dark clouds will fill the economic skies and they will briefly rain gold. When downpours of that sort occur, it is imperative that we rush outdoors carrying buckets, not thimbles".

Dear Friends, will you join me and grab your buckets to catch this rain of Gold?

OCBC stock has broken below 3, and it's likely that DBS will also break below 7 next. Holding one lot of these 10 stocks is basically a risky pit 😇