OCBC stock price drops in Singapore as metals rout jolts markets; earnings next
OCBC shares fell 1.4% to S$20.94 in mid-afternoon Singapore trade Monday, extending losses in local banks after a sharp drop in precious metals triggered risk-off moves across Asian markets. DBS slipped 1.1% and United Overseas Bank dropped 0.4%. Investors are watching for upcoming bank earnings, with OCBC set to report full-year results on Feb. 25.