DBS Group Holdings Ltd

D05: XSES (SGP)
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DBS Earnings: Singaporean Bank Proves Resilient as Tactical Hedging Offsets Rate Pressures

DBS Group reported second-quarter net profit of SGD 2.82 billion, translating to an annualized return on equity of 17.0%. Shares rose 2% following the results, outperforming peers OCBC and UOB, whose shares fell slightly after earnings.

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