SINGAPORE: The Singapore Exchange (SGX) on Friday
(July 11) urged investors to exercise caution when dealing in shares of
United Overseas Bank (UOB), after the shares rose as much as 4.2 per
cent during trading.
UOB, in a reply to a query from SGX, said it was not aware of any reasons that could possibly explain the trading in its securities.
Shares of UOB closed 3.6 per cent higher at S$24.03 apiece, outperforming rival DBS Group whose shares gained 1.2 per cent.
Oversea-Chinese Banking Corp shares ended the session unchanged.
UOB, in a reply to a query from SGX, said it was not aware of any reasons that could possibly explain the trading in its securities.
Shares of UOB closed 3.6 per cent higher at S$24.03 apiece, outperforming rival DBS Group whose shares gained 1.2 per cent.
Oversea-Chinese Banking Corp shares ended the session unchanged.
- CNA/ec
CW8888: When is DBS's turn for SGX to make an announcement to urge investors to be cautious?
All about market timing?
We can't argue with the Chart.
Our unrealized capital appreciation has been locked at our buying price. Some degree of market timing will help us to lock in the higher gains. No?
Bought at the wrong timing. Receiving many years of panadols (dividends) may not help to cure our headache. Right?
See the Chart!
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