Singapore banks log share price gains in morning trade

Singapore banks log share price gains in morning trade

July 2, 2024 / Sarkiya Ranen /


The strong performances come ahead of the impending Federal Open Market Committee’s meeting

THE three local banks were trading at elevated levels over the first half of Tuesday’s (Jul 2) trading session, following an initially mixed showing at the opening bell.

DBS climbed S$0.52 or 1.4 per cent by the midday trading break to S$36.64, after briefly touching S$36.65 as at 11.39 am, up S$0.53 or 1.5 per cent.

Earlier, UOB gained as much as S$0.32 or 1 per cent to S$31.62 as at 10.23 am before easing back to S$31.53, up S$0.23 or 0.7 per cent, by noon.



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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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