UOB Stock Marks New High, Pushes Benchmark Index to Record -- Market Talk

Dow Jones01-23 17:43

0943 GMT - UOB shares rose 5.0% to close at a record S$39.50 Friday, propelling Singapore's benchmark stock index to a new high of 4891.45. Though the Singapore lender had lagged competitors Oversea-Chinese Banking Corp. and DBS Group--which are on record-breaking streaks--it now could be on an upward trajectory ahead of the trio's full-year earnings period. Macquarie Capital recently upgraded UOB to outperform from neutral and placed UOB as most preferred among the Singapore banking sector. This may have spurred confidence in the lender and boosted its shares over the last two days, says CGS International analyst Tay Wee Kuang. "The relative underperformance of UOB [could] have led to some investors turning their attention to [UOB] compared to DBS, which has done relatively well," he adds. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

January 23, 2026 04:43 ET (09:43 GMT)

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Though the Singapore lender had lagged competitors Oversea-Chinese Banking Corp. and DBS Group--which are on record-breaking streaks--it now could be on an upward trajectory ahead of the trio's full-year earnings period. <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Capital recently upgraded UOB to outperform from neutral and placed UOB as most preferred among the Singapore banking sector. This may have spurred confidence in the lender and boosted its shares over the last two days, says CGS International analyst Tay Wee Kuang. \"The relative underperformance of UOB [could] have led to some investors turning their attention to [UOB] compared to DBS, which has done relatively well,\" he adds.  (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 23, 2026 04:43 ET (09:43 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UOB Stock Marks New High, Pushes Benchmark Index to Record -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUOB Stock Marks New High, Pushes Benchmark Index to Record -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-23 17:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0943 GMT - UOB shares rose 5.0% to close at a record S$39.50 Friday, propelling Singapore's benchmark stock index to a new high of 4891.45. Though the Singapore lender had lagged competitors Oversea-Chinese Banking Corp. and DBS Group--which are on record-breaking streaks--it now could be on an upward trajectory ahead of the trio's full-year earnings period. <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Capital recently upgraded UOB to outperform from neutral and placed UOB as most preferred among the Singapore banking sector. This may have spurred confidence in the lender and boosted its shares over the last two days, says CGS International analyst Tay Wee Kuang. \"The relative underperformance of UOB [could] have led to some investors turning their attention to [UOB] compared to DBS, which has done relatively well,\" he adds.  (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 23, 2026 04:43 ET (09:43 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BVYPNQ40.USD","symbol_name":"GUINNESS ASIAN EQUITY INCOME \"C\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2605475508","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605475508","pubTimestamp":1769161380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0943 GMT - UOB shares rose 5.0% to close at a record S$39.50 Friday, propelling Singapore's benchmark stock index to a new high of 4891.45. 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Asian Low Volatility Equity Fund ASDM SGD","SG9999001689.USD":"施罗德亚洲成长股票","LU0251143029.SGD":"Fidelity ASEAN A-SGD","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0648948544.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AM\" (HKD) INC","LU0865486749.SGD":"Eastspring Investments - Asian Equity Income AS SGD-H","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD"},"translate_title":"大华银行股价再创新高，推动基准指数创历史新高——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"U11.SI":1.96},"content_text":"0943 GMT - UOB shares rose 5.0% to close at a record S$39.50 Friday, propelling Singapore's benchmark stock index to a new high of 4891.45. Though the Singapore lender had lagged competitors Oversea-Chinese Banking Corp. and DBS Group--which are on record-breaking streaks--it now could be on an upward trajectory ahead of the trio's full-year earnings period. Macquarie Capital recently upgraded UOB to outperform from neutral and placed UOB as most preferred among the Singapore banking sector. This may have spurred confidence in the lender and boosted its shares over the last two days, says CGS International analyst Tay Wee Kuang. \"The relative underperformance of UOB [could] have led to some investors turning their attention to [UOB] compared to DBS, which has done relatively well,\" he adds.  (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 23, 2026 04:43 ET (09:43 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605475508","isCrawlerRequest":true}