OCBC share price breaks S$20 as Singapore banks lift STI to record; what investors watch next
OCBC closed up 1.1% at S$20.18, its first finish above S$20, as Singapore’s Straits Times Index hit a record 4,739.97. OCBC disclosed using over 38,000 treasury shares for employee schemes on Jan. 5 and 6. Traders are watching Friday’s U.S. jobs report for signals on interest rates that could affect bank margins.
