UOB stock slips in Singapore after JPMorgan downgrade — here’s what investors watch next
UOB shares fell 2.7% to S$38.45 in afternoon trading Monday after JPMorgan downgraded the stock to “underweight,” citing asset quality risks and regional pressures. The Straits Times Index slipped 0.69%. DBS and OCBC also declined. Investors await UOB’s full-year results on Feb 24.