UOB and OCBC bank shares reach record highs

straitstimes.com

UOB and OCBC bank shares reached record highs on January 23, 2026, boosting the Straits Times Index. UOB shares surged past $39, while OCBC shares broke $21. DBS shares traded lower but remained near their recent peak. Macquarie upgraded UOB to "outperform," citing easing headwinds and potential for provisions to normalize, while rating DBS "underperform."


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UOB and OCBC bank shares reach record highs | News Minimalist