UOB stock nudges higher as dividend hunt and rate outlook keep Singapore banks in play
UOB shares rose 0.4% to S$36.16 in Monday afternoon trade, tracking gains in DBS and OCBC. Investors are focused on dividend yields as rate cuts are expected in 2026. UOB raised its Vietnam 2026 GDP growth forecast to 7.5%. The bank reports earnings on Feb. 19, with U.S. CPI data due Jan. 13 seen as a key rate signal.