- Joined
- Feb 17, 2009
- Messages
- 13,736
- Points
- 113
lao kui! sinkieland has always aimed to be no. 1 in everything.:*:
Indonesia’s BCA snatched the crown.
Indonesian lender Bank Central Asia is now the region’s largest bank in terms of market capitalisation, toppling Singapore-based DBS from the top spot.
This chart from Bloomberg shows that BCA's market cap has exceeded US$24 billion, while DBS's market cap has dropped below this threshold.
DBS’s shares have lost 37.8% of their value since August last year. The group’s share price dropped to $13.140 per unit in Thursday’s trading, compared to its recent peak of $21.120 in August 21.
In contrast, BCA’s share price has risen 18.6% from a low of IDR 11,252 per unit in August 24 to close at INR 13,350 per share as of Thursday.
https://sg.finance.yahoo.com/news/official-dbs-no-longer-asia-043700072.html
Indonesia’s BCA snatched the crown.
Indonesian lender Bank Central Asia is now the region’s largest bank in terms of market capitalisation, toppling Singapore-based DBS from the top spot.
This chart from Bloomberg shows that BCA's market cap has exceeded US$24 billion, while DBS's market cap has dropped below this threshold.
DBS’s shares have lost 37.8% of their value since August last year. The group’s share price dropped to $13.140 per unit in Thursday’s trading, compared to its recent peak of $21.120 in August 21.
In contrast, BCA’s share price has risen 18.6% from a low of IDR 11,252 per unit in August 24 to close at INR 13,350 per share as of Thursday.
https://sg.finance.yahoo.com/news/official-dbs-no-longer-asia-043700072.html