---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000862654.md"
description: "The 3 local banks have stabilised a little following the previous few days of down sessions for the whole SG market. This is good for the longer scheme of things as historical statistics show that steep rise s n share prices are more likely than not followed by steep drawbacks afterwards. Let them consolidate, though I know many are still buying either for long term or just trying to jump on bandwagon."
datetime: "2026-08-20T10:21:40.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000862654.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000862654.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000862654.md)
author: "[NewUser_oPJWOU](https://longbridge.com/en/profiles/18172005.md)"
generator: "portal-rs"
---

# The 3 local banks have stabilised a little followi…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**