Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings

SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter net profit figures released Friday (Nov 8). 

As at 11.05 am, UOB had risen 6.7 per cent or S$2.24 to reach S$35.54 after 6.6 million shares worth S$228.9 million changed hands. It was the top-traded counter by value at the time.

Data from ShareInvestor showed that three married deals took place for the bank.