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

by Sarkiya Ranen
in Technology
Hot stocks: UOB adds S billion to value as  Singapore banks break share price ceilings
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SHARES of UOB and OCBC leapt to levels never seen before after both lenders surpassed street consensus estimates with 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, making it the top-traded counter by value at the time.

Data from ShareInvestor showed that three married deals had taken place for UOB.

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Tags: AddsBanksBillionBreakceilingsHotPriceShareSingaporeStocksUOB
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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