SINGAPORE - DBS Group's market value closed above $200 billion on Monday (July 13) for the first time, a milestone for both Singapore's biggest bank by asset size and the city-state's stock market.Its shares ended nearly 0.5 per cent higher at $70.79, after touching an all-time high of $70.80 earlier in the session, taking their gains so far this year to some 26 per cent.The rally comes before DBS reports its second-quarter results on August 6.&nbsp;The bank posted a 1 per cent rise in first-quarter net profit to $2.93 billion, helped by record income and strong wealth management fees.[[nid:737832]]

Banks and Financial Institutions

Stocks and Shares

SGX (Singapore Exchange)

Reuters

SINGAPORE - DBS Group's market value closed above $200 billion on Monday (July 13) for the first time, a milestone for both Singapore's biggest bank by asset size and the city-state's stock market.Its shares ended nearly 0.5 per cent higher at $70.79, after touching an all-time high of $70.80 earlier in the session, taking their gains so far this year...

DBS becomes first Singapore stock to top $200 billion in market value