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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

Mindy Tan

Published Wed, Dec 10, 2014 · 09:50 PM

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. Its intraday high was $24.70. Year-to-date, the bank's counter rose 16.47 per cent. Following closely was DBS, which rose 14 Singapore …