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SGX:O39.SI 8 December 2025 - 9 February 2026

Singapore stocks hit a record as UOB, OCBC rally — and SGX’s lot-size cut plan is back in play

Singapore stocks hit a record as UOB, OCBC rally — and SGX’s lot-size cut plan is back in play

Singapore’s Straits Times Index closed last week at a record high, boosted by strong gains in major banks. Investors found relief after U.S. President Donald Trump ruled out using force to acquire Greenland and eased off tariff threats against European nations. UOB climbed nearly 8% over the week to a record S$39.50, while OCBC rose 4.52% to hit S$21.29.
26 January 2026
OCBC share price hits record high — what investors watch before Singapore market reopens

OCBC share price hits record high — what investors watch before Singapore market reopens

Shares of Oversea-Chinese Banking Corporation climbed to a record S$21.29 on Friday, up 70 Singapore cents, as big banks helped push the Straits Times Index to new highs. United Overseas Bank wrapped at S$39.50, while DBS closed at S$58.65. The STI peaked at 4,895.15 before settling at 4,891.45. Macquarie Capital upgraded UOB to “outperform” and kept its “outperform” call on OCBC, with a target price of S$21.50. Singapore’s three major banks will start reporting full-year results on Feb 9, with OCBC scheduled for Feb 25.
OCBC share price hits record close in Singapore bank rally — what to watch next for O39

OCBC share price hits record close in Singapore bank rally — what to watch next for O39

Oversea-Chinese Banking Corporation Limited shares climbed to a fresh peak, closing Friday at S$21.29, up 3.4%. The rise followed new target-price upgrades for Singapore banks. Jayden Vantarakis of Macquarie lifted OCBC’s target to S$21.50, highlighting Singapore’s role as a “safe-haven” for wealth inflows. Morningstar equity analyst Kathy Chan pointed out that the market now expects the U.S. Federal Reserve to pause rate changes in March and April rather than cutting rates outright.
24 January 2026
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