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Banks shine, with UOB hitting all-time high

All three local banking groups were in the top 10 by trading value on Wednesday
Thursday, December 11, 2014 - 05:50
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Singapore banking stocks were back in the limelight on Wednesday, with United Overseas Bank (UOB) hitting a record high and DBS Group Holdings reaching a multi-year peak.

Singapore

SINGAPORE banking stocks were back in the limelight on Wednesday, with United Overseas Bank (UOB) hitting a record high and DBS Group Holdings reaching a multi-year peak.

UOB closed the day up 29 Singapore cents, or 1.19 per cent, to touch its all-time high of S$24.68.