Shares & Derivatives
UOB STOCK: TO BUY OR SELL NOW?
By Singapore Stocks Investing (SSI)  •  February 25, 2016
The three local banks have released their financial earnings results. In terms of areas like non-performing loans ratio, UOB fared not as well as DBS and OCBC; this hence caused sellers into UOB stock, pushing UOB price stock to a low. How low is UOB stock now? Well, on 4 January 2016, the first trading day of year 2016, the price of UOB stock was $19.09 per share. Compared to the closing price of $17.01 price as of 24 Feb 2016, we had UOB share price now corrected south by around 11%. UOB share price as of 24 Feb 2016 is currently at the support level of $17.01 and once this support is “broken”, we could see UOB share price head south. As of now, I see no clear indicators of UOB share price heading north. With my earlier post sharing that year-to-date for the lowest price ......
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By Singapore Stocks Investing (SSI)
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