$DBS Group Holdings (D05.SG)$ Why was the stock price automa...
$DBS Group Holdings(D05.SG$ Why was the stock price automatically lowered? Is the dividend due to a reduction in the price of the stock itself? I am Xiaobai
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Samantha_tan : yes correct
TLim77 : I think Moomoo's pricing was wrong for last Thurs. The closing price should be above $33. Seems like need to refer to other broker's pricing when buying or selling just to be safe.
TLim77 : They should not adjust the price due to dividend distribution. If that's the case, a stock price could eventually goes to zero if it keeps giving good dividends.
102654610OP TLim77: I also think that stock prices should not be lowered, but as it happened, other platforms did the same
102654610OP TLim77: This is why the stock price's all-time low was negative 12.9
TLim77 102654610OP: It's not good for clients and it show the brokers could be manipulating the stock prices.
TLim77 102654610OP: This abnormally seems to happen with low cost brokers only. I check DBS Vickers and FSM doesn't have this issue.
Moomoo Lily TLim77: Hi, @Moo PM Milo help to look into this issue. Thanks!
Adijamaludin : Yes. Correct. But dont worry. Dbs will always bounce back. So you might want to consider buying today and selling it back once the price increase