Singapore banks log share price gains in morning trade

Singapore banks log share price gains in morning trade

July 2, 2024 / Riah Marton /


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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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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