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UOB Shares Hit All-Time High After Posting Record Profit

By MarketWatch   |   Nov 7, 2024 at 10:21 PM EST
UOB Shares Hit All-Time High After Posting Record Profit

United Overseas Bank (UOB) achieved an all-time high in shares after recording record third-quarter profits of 1.64 billion Singapore dollars. This surpassed market expectations, driven by trading and investment income.

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