UOB Stock Analysis: Post-Earnings Price Action & Trading Strategies (Singapore 2024)UOB's recent Q1 earnings report sent its stock price on a rollercoaster ride. In this video, we'll dissect the price action following the report, focusing on what technical analysis reveals. Discover: Key price movements of UOB after the Q1 earnings releasePotential trading opportunities based on UOB's technical indicatorsActionable strategies using price...
In the fourth quarter of 2023, the financial sector experienced net institutional outflows on the Singapore Exchange (SGX), reversing the net inflows seen in the previous quarter. These outflows amounted to nearly S$800 million, effectively unwinding the gains from Q3. Throughout 2023, the three local banks were major contributors to the net institutional outflows within the Straits Times Index (STI), totaling S$2...
Quick summary of$UOB(U11.SG)$earnings: Financial Performance: UOB's FY23 core net profit rose by 26% to a record S$6.1 billion. The total dividend for FY23 will be S$1.70 per ordinary share, representing a payout ratio of approximately 50%. In 4Q23, net income, excluding one-off expenses, increased by 7% to S$1.5 billion. Market Outlook: $UOB(U11.SG)$revised down its loan growth forecast for 2024...