The share price performance of DBS Group Holdings may continue to be underwhelming. This is probably because DBS had a sterling performance in 2022 in both share price and net profit.
The share prices of banks may stay rangebound given the rate hike cycle is largely behind us. This is reflected in their price charts.
Interestingly, Oversea-Chinese Banking Corp (OCBC) appears to be the strongest technically, followed by United Overseas Bank (UOB).
