>> ASIAONE / NEWS / LATEST NEWS / BUSINESS / STORY
DBS shares fall to 5-year low
Thu, Oct 23, 2008
The Straits Times

DBS Group Holdings, South-east Asia's biggest bank by assets, fell to the lowest in five years on concern its compensation to customers of structured products tied to Lehman Brothers Holdings will reduce profit, reported Bloomberg News.

DBS shares fell as much as 7.8 per cent to $10.70, the lowest since July 7, 2003.

The stock traded at $10.80 at 9.55 am in trading, down 48 per cent this year.


For more The Straits Times stories, click here.

 

 
STORY INDEX
 
  DBS shares fall to 5-year low
   
 
  Deep recession fears slam Wall Street
   
 
  Strike hits Boeing's profits
   
 
  Tokyo stocks sink seven percent to five-year low
   
 
  Singapore shares down over four percent in early trade
   
 
  NZ central bank cuts interest rate
   
 
  Amazon profits up
   
 
  Euro, pound hit by fears
   
 
  Japan trade surplus falls 94%
   
 
  Brazil bank sponsors $135m
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg