After seeing OCBC break $10.00, i decided to have a look at the weekly charts of our big 3 local banks. I have always had the impression that DBS, having the largest market cap among the three, would be the best buy.
Market cap (not up to date, but indicative):
DBS: $33B
OCBC: $29B
UOB: $27B
However, looking at the weekly charts of the three banks (attached above), it is clear to me that OCBC outperforms the other 2 banks.
No comments:
Post a Comment