Bank stocks climb for second straight day

SHARES in local banks climbed for a second consecutive day on Wednesday after a solid set of results from DBS Bank on Tuesday.

As at 11.06am, DBS was the biggest percentage gainer, having jumped 3.4 per cent or 68 Singapore cents to S$20.54 on 6.1 million shares traded.

UOB was next, advancing 1.8 per cent or 40 Singapore cents to S$23.20 on 2.8 million shares traded.

OCBC Bank was not too shabby either, rising 1.3 per cent or 13 Singapore cents to S$10.11 with 6.1 million shares changing hands.