Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
Three married deals took place for UOB, and none for DBS or OCBC
Add BT as a preferred source
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
PayPal plans job cuts as its new CEO pursues turnaround strategy
