DBS Bullish on Commodities, AI Stocks Pick Semiconductors

SighingCashier · 2026-03-23T18:49:33+00:00

DBS Private Bank is optimistic about commodity stocks and semiconductors, and recommends enhancing defensive positioning in investment portfolios. Due to instability in the Middle East affecting Asian equities, the bank maintains an overweight stance on mainland China and Hong Kong stock markets, believing commodity stocks have potential amid mineral extraction and rising oil prices.

SighingCashier

2026-03-23 18:49:33

Abstract generation in progress

March 24, 2026

DBS Bank favors AI stocks in the commodity sector

====================================================

Enlarge image / Show original image

The Middle East situation remains unpredictable, triggering a minor stock market crash in Asia yesterday. Lin Zixuan, Vice President of the Private Banking (Hong Kong) North Asia Investment Strategy Team at DBS Bank, stated that market volatility is high, and investment portfolios should increase defensive allocations. The bank still maintains an overweight position in Mainland China and Hong Kong stocks, with three major sectors being favored, one of which is commodity stocks.

He explained that countries are increasing mining of key minerals, along with rising oil prices, leading to higher commodity prices, which benefit the mining and commodity sectors…

(Excerpt)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.