DBS Tops $100 Billion Market Value in Singapore Exchange First

DBS Group Holdings Ltd. became the first listed company in Singapore to top $100 billion in market value, helped by a softer US currency that amplified gains on the local stock market.

Southeast Asia’s top lender gained as much as 0.9% in Singapore trading on Monday, and is trading at a market capitalization of S$129.2 billion ($100.4 billion), extending its gains this year to more than 4%.