SG StockDetailed Quotes

Provided by Tiger Fintech (Singapore) Pte. Ltd.

UOB

37.090

-0.260-0.70%

Volume:3.12M

Turnover:115.74M

Market Cap:62.00B

PE:10.48

High:37.340

Open:37.000

Low:36.920

Close:37.350

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Overview Company News Filings

Silverlake Axis to Delist as E21 Exercises Right of Compulsory Acquisition

SG Top Stocks in 2024: Yangzijiang Shipbuilding Soars 116%; DBS Surges 53%; OCBC Jumps 37%

Singapore Shares Close Higher as New Year Looms; Nio Falls 3.4%

E21 Exercises Right of Compulsory Acquisition of Silverlake Axis

SMEs must forge the right partnerships to drive growth and expansion: UOB executive

Singapore's Manufacturing Output Grew at a Faster Rate in November -- Market Talk

Global Forex and Fixed Income Roundup: Market Talk

Plans by Singapore banks to broaden product providers, offerings under SRS framework shelved

NETS appoints UOB’s Lawrence Goh to its board of directors

Khairani Afifi Noordin

UOB’s Lawrence Goh joins Nets’ board of directors

United Overseas Bank Limited's (SGX:U11) largest shareholders are retail investors with 50% ownership, institutions own 20%

Simply Wall St.

SG Morning Call｜UOB, OCBC Plan Cost-of-Living Payout to Junior Staff in 2025

OCBC, UOB to give junior employees one-off bonus to help with cost-of-living expenses

Patec Takes Stake in Broadway Industrial to 91.9% as Close of Offer Nears

Singapore’s Straits Times Index is Southeast Asia’s best performing index for 2024—and it’s all due to its Big Three banks

Global Events Will Be Key Wild Cards for Philippines' Rate Cycle in 2025 -- Market Talk

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Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495202656?lang=en_us&edition=fundamental","pubTime":"2024-12-31 14:49","pubTimestamp":1735627744,"startTime":"0","endTime":"0","summary":"Silverlake Axis  will be delisted from the SGX with effect from Jan. 3, 2025, after E21 exercised its right of compulsory acquisition, according to a filing with the Singapore Exchange on Tuesday.In an earlier filing, E21, through United Overseas Bank , exercised its right of compulsory acquisition to acquire shares of dissenting shareholders of Silverlake 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Top Stocks in 2024: Yangzijiang Shipbuilding Soars 116%; DBS Surges 53%; OCBC Jumps 37%","url":"https://stock-news.laohu8.com/highlight/detail?id=1141760216","media":"TigerNews SG","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1141760216?lang=en_us&edition=fundamental","pubTime":"2024-12-31 13:40","pubTimestamp":1735623655,"startTime":"0","endTime":"0","summary":"The Singapore stock market had an extraordinary year. Driven by strong performances in financial and technology stocks, the STI surged 17% in 2024, reaching a new all-time high at one point. Among the","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":"SG Top Stocks in 2024: Yangzijiang Shipbuilding Soars 116%; DBS Surges 53%; OCBC Jumps 37%","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BS6.SI","A26.SI","G07.SI","STI.SI","BVA.SI","P8Z.SI","O39.SI","AP4.SI","H78.SI","U11.SI","D05.SI"],"gpt_icon":1},{"id":"2495150765","title":"Singapore Shares Close Higher as New Year Looms; Nio Falls 3.4%","url":"https://stock-news.laohu8.com/highlight/detail?id=2495150765","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495150765?lang=en_us&edition=fundamental","pubTime":"2024-12-30 18:10","pubTimestamp":1735553401,"startTime":"0","endTime":"0","summary":"Singapore's stock market closed higher on Monday due to lower trader volumes with investors keeping one eye on the New Year holiday.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,769.66 and 3,795.73 throughout the day. It ended the session at 3,795.730, up 24.10 points or 0.64% compared to Friday's close.In company news, shares of OUE REIT  were up nearly 4% after it completed the divestment of its equity interest in Lippo Realty which owns the Lippo Plaza in Shanghai, through its subsidiary, Tecwell.Rex International's  was up nearly 2% after its subsidiaries, Rex Oman and Masirah Oil , along with certain past and present directors of MOL, settled a claim filed by Petroci Holding.Meanwhile, Keppel  was down under 1% at the close after it completed the disposal of two of its data centre buildings for SG$1.38 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Manufacturing Output Grew at a Faster Rate in November -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2494663831","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494663831?lang=en_us&edition=fundamental","pubTime":"2024-12-26 16:19","pubTimestamp":1735201140,"startTime":"0","endTime":"0","summary":"0819 GMT - Singapore's manufacturing output rose 8.5% on year in November, according to data from the Economic Development Board, up from a 1.2% increase in October. On a seasonally adjusted on-month basis, manufacturing output fell 0.4% in November, weighed down by the volatile pharmaceutical sector UOB economists note. Still, strong electronics output was a positive highlight, driven by a surge in the semiconductor and computer segments, UOB adds. UOB estimates that industrial production will grow by approximately 4.0% in 2024, rebounding from the manufacturing slump in 2023, when industrial production contracted by 4.2%. 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Published exclusively on Dow Jones Newswires throughout the day.0819 GMT - Singapore's manufacturing output rose 8.5% on year in November, according to data from the Economic Development Board, up from a 1.2% increase in October. On a seasonally adjusted on-month basis, manufacturing output fell 0.4% in November, weighed down by the volatile pharmaceutical sector UOB economists note. Still, strong electronics output was a positive highlight, driven by a surge in the semiconductor and computer segments, UOB adds. UOB estimates that industrial production will grow by approximately 4.0% in 2024, rebounding from the manufacturing slump in 2023, when industrial production contracted by 4.2%. 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by Singapore banks to broaden product providers, offerings under SRS framework shelved","url":"https://stock-news.laohu8.com/highlight/detail?id=2494550898","media":"businesstimes","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494550898?lang=en_us&edition=fundamental","pubTime":"2024-12-26 10:46","pubTimestamp":1735181188,"startTime":"0","endTime":"0","summary":"Competition watchdog ends review of proposed framework after DBS, OCBC and UOB withdraw joint 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Lawrence Goh joins Nets’ board of directors","url":"https://stock-news.laohu8.com/highlight/detail?id=2494688876","media":"businesstimes","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494688876?lang=en_us&edition=fundamental","pubTime":"2024-12-26 02:58","pubTimestamp":1735153091,"startTime":"0","endTime":"0","summary":"He has over three decades of international experience in spearheading large-scale transformations for businesses","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/companies-markets/uobs-lawrence-goh-joins-nets-board-directors","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/companies-markets/uobs-lawrence-goh-joins-nets-board-directors","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bustime_highlight","symbols":["LU0251144936.SGD","LU0918141887.USD","LU0251143029.SGD","SG9999001127.SGD","BK6112","LU1242518931.SGD","LU0048597586.USD","SG9999014484.SGD","LU0516422366.SGD","LU1988902786.USD","SG9999003826.SGD","LU0873338254.USD","LU0577902454.USD","BK6516","SGXZ27511609.SGD","LU1064131342.USD","LU0315178854.USD","LU0955669360.SGD","SG9999000475.SGD","LU0831103253.SGD","SG9999002406.SGD","LU0516422952.EUR","SG9999016042.SGD","SG9999013486.USD","SG9999008742.SGD","LU0348814723.USD","U11.SI","LU0264606111.USD","LU2152927971.USD","LU0348816934.USD","SG9999000343.SGD","LU0261945553.USD","LU0516423174.USD","LU0588545904.SGD","LU0878005551.USD","LU0210637038.USD","SG9999002604.SGD","SGXZ58947870.SGD","LU0577902298.EUR","LU1105468828.SGD","SG9999002414.USD","SG9999002620.SGD","LU0737861269.HKD","SG9999014302.SGD","LU0414403682.SGD","SG9999006266.SGD","LU0577902538.SGD","LU0738912210.USD","SG9999014492.USD","LU0898667661.SGD"],"gpt_icon":0},{"id":"2493778168","title":"United Overseas Bank Limited's (SGX:U11) largest shareholders are retail investors with 50% ownership, institutions own 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=2493778168","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493778168?lang=en_us&edition=fundamental","pubTime":"2024-12-24 14:23","pubTimestamp":1735021384,"startTime":"0","endTime":"0","summary":"Significant control over United Overseas Bank by retail investors implies that the general public has more power to influence management and governance-related decisions. A total of 25 investors have a majority stake in the company with 44% ownership. 20% of United Overseas Bank is held by Institutions. A look at the shareholders of United Overseas Bank Limited  can tell us which group is most powerful. With 50% stake, retail investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises .And institutions on the other hand have a 20% ownership in the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies.Let's take a closer look to see what the different types of shareholders can tell us about United Overseas Bank.Check out our latest analysis for United Overseas Bank. While the precise definition of an insider can be subjective, almost everyo","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/jg8PADlkEXYEw5CXkVJkoA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/064d0b7911046f8efd85160776a9b33b","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/jg8PADlkEXYEw5CXkVJkoA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/064d0b7911046f8efd85160776a9b33b"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/united-overseas-bank-limiteds-sgx-062304289.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/united-overseas-bank-limiteds-sgx-062304289.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["SG9999001127.SGD","LU0572940350.SGD","LU1988902786.USD","LU0261945553.USD","LU0264606111.USD","LU0979878070.USD","UBCP","LU0588545904.SGD","SG9999004360.SGD","SG9999006266.SGD","SG9999008742.SGD","SG9999000475.SGD","LU0918141887.USD","LU0532188223.SGD","SG9999002406.SGD","SG9999005177.SGD","LU0738912210.USD","SG9999016042.SGD","LU0315178854.USD","LU0588545490.SGD","LU1242518931.SGD","SG9999013460.SGD","LU0048597586.USD","LU0414403682.SGD","LU0251143029.SGD","LU2264538146.SGD","LU0577902371.SGD","BK6516","SG9999013478.USD","SG9999002414.USD","LU1064131342.USD","LU0588545730.USD","SG9999002620.SGD","BK4211","SG9999014492.USD","LU0878005551.USD","LU0737861269.HKD","LU1130305938.SGD","SGXZ27511609.SGD","LU2152927971.USD","LU0348816934.USD","LU1105468828.SGD","U11.SI","LU0516423091.SGD","LU0873338254.USD","SG9999002604.SGD","SGXZ58947870.SGD","LU0516423174.USD","LU0865486749.SGD","LU0048573645.USD"],"gpt_icon":1},{"id":"1141002084","title":"SG Morning Call｜UOB, OCBC Plan Cost-of-Living Payout to Junior Staff in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=1141002084","media":"TigerNews SG","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1141002084?lang=en_us&edition=fundamental","pubTime":"2024-12-24 09:02","pubTimestamp":1735002126,"startTime":"0","endTime":"0","summary":"Market SnapshotSingapore stocks opened higher on Tuesday. STI up 0.2%; Sembcorp up 1.7%; Seatrium up 1.6%.Stocks to Watch$SEMBCORP INDUSTRIES LTD(U96.SI)$: The energy and urban development company on ","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["STI.SI","5E2.SI","U96.SI","O39.SI","F99.SI","U11.SI"],"gpt_icon":1},{"id":"2493758721","title":"OCBC, UOB to give junior employees one-off bonus to help with cost-of-living expenses","url":"https://stock-news.laohu8.com/highlight/detail?id=2493758721","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493758721?lang=en_us&edition=fundamental","pubTime":"2024-12-23 18:54","pubTimestamp":1734951240,"startTime":"0","endTime":"0","summary":"SINGAPORE: For a second year running, Singapore banks OCBC and UOB will give one-off payments to their junior employees to help alleviate cost-of-living pressures, the two banks said on Monday .OCBC announced in a news release on Monday that it would be making the payment in 2025, with a total estimated payout of S$7.5 million  helping close to 11,000 employees across OCBC and its subsidiaries, including Bank of Singapore and OCBC Securities.Specifically in Singapore, about 4,000 junior employees will receive S$1,000 each, including new entrants to the workforce and unionised employees.This represents close to 40 per cent of the total number of employees based in Singapore.OCBC said that for its employees outside Singapore, the one-off support takes into consideration the respective local market conditions. Eligible employees can expect to receive the payout from February to April 2025.In response to CNA's queries, UOB said on Monday that it will provide itsjunior employees with an ext","market":"us","thumbnail":"https://dam.mediacorp.sg/image/upload/s--8an9lG__--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/12/23/ocbc%20uob%20bonus%20payout.jpg?itok=86Tl7VHv","type":0,"news_type":0,"thumbnails":["https://dam.mediacorp.sg/image/upload/s--8an9lG__--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/12/23/ocbc%20uob%20bonus%20payout.jpg?itok=86Tl7VHv"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/ocbc-uob-banks-junior-employees-one-bonus-cost-living-4822336","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["LU0348814723.USD","LU0823397285.USD","SG9999014492.USD","LU0516422952.EUR","LU0823397103.USD","SG9999004220.SGD","O39.SI","IE0032834883.USD","LU0061477393.USD","U11.SI","LU0950375773.USD","LU0516422440.USD","SG9999000343.SGD","LU1497734951.SGD","SG9999003800.SGD","LU0128522157.USD","LU0577902371.SGD","LU0572939691.SGD","SGXZ43160589.SGD","LU2506952097.USD","SGXZ27511609.SGD","LU1981816686.USD","SG9999002414.USD","LU0029875118.USD","LU2506951875.HKD","LU0516422366.SGD","LU0918141887.USD","LU0251143029.SGD","LU0235996351.USD","BK6523","LU1634259391.SGD","D05.SI","LU2506952170.USD","LU0898667661.SGD","LU2152927971.USD","LU0181495838.USD","LU1504937902.USD","LU0738912210.USD","IE00BKZH1Z71.USD","LU0823417737.USD","LU0210637038.USD","LU2257852520.SGD","SG9999001135.SGD","SG9999002406.SGD","LU0532188223.SGD","IE0009570106.USD","IE00B067MR52.USD","LU0516423174.USD","LU0188438112.USD","LU0979878070.USD"],"gpt_icon":1},{"id":"2493220094","title":"Patec Takes Stake in Broadway Industrial to 91.9% as Close of Offer Nears","url":"https://stock-news.laohu8.com/highlight/detail?id=2493220094","media":"MT Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493220094?lang=en_us&edition=fundamental","pubTime":"2024-12-23 06:53","pubTimestamp":1734907988,"startTime":"0","endTime":"0","summary":"Patec has received valid acceptances for 223.1 million shares of Broadway Industrial Group , or 48.8% of total shares, as of 6 pm on Dec. 20, according to a Friday filing on the Singapore Exchange.Combined with its existing holdings, Patec now controls 91.9% of the company.With the offer nearing completion, Patec does not intend to support restoring the public float or lifting a potential trading suspension of the target. Dissenting shareholders can require Patec to acquire their shares at the offer price.The offer will close Dec. 23, 5:30 pm Singapore time.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0572939691.SGD","LU0873338254.USD","LU0577902538.SGD","LU0577902454.USD","LU0348816934.USD","LU0516423174.USD","LU1105468828.SGD","LU0955669360.SGD","LU0348814723.USD","SGXZ27511609.SGD","LU0251144936.SGD","SG9999001127.SGD","SG9999003826.SGD","LU0210637038.USD","LU0577902611.USD","LU1242518931.SGD","LU0251143029.SGD","LU0588545490.SGD","SG9999002406.SGD","U11.SI","LU0048597586.USD","LU1988902786.USD","SGXZ58947870.SGD","LU1242518857.USD","LU0261945553.USD","LU0878005551.USD","BK6516","LU0918141887.USD","LU1130305938.SGD","SG9999014484.SGD","SG9999002414.USD","LU0516422952.EUR","LU0898667661.SGD","SG9999000475.SGD","LU0414403682.SGD","LU0516422366.SGD","LU2264538146.SGD","SG9999002604.SGD","B69.SI","LU2152927971.USD","SG9999013486.USD","SG9999016042.SGD","SG9999014492.USD","LU0315178854.USD","LU0588545730.USD","LU0738912210.USD","LU0979878070.USD","LU0048573645.USD","SG9999004360.SGD","LU0572940350.SGD"],"gpt_icon":1},{"id":"2493733278","title":"Singapore’s Straits Times Index is Southeast Asia’s best performing index for 2024—and it’s all due to its Big Three banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2493733278","media":"Fortune","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493733278?lang=en_us&edition=fundamental","pubTime":"2024-12-23 05:00","pubTimestamp":1734901200,"startTime":"0","endTime":"0","summary":"Singapore’s Straits Times Index hasn’t had a year like this in over a decade. As 2024 comes to a close, the index is poised to be Southeast Asia’s best-performing stock market index.The STI, which tracks the 30 largest companies by market value traded on Singapore’s stock exchange, is up 15% for the year. The index also touched 3842 in the first week of December marking a 17-year-high, and close to its all-time high of 3906 in 2007. Like most markets, the STI has slipped following the U.S. Federal Reserves' comments after delivering a 25 basis point rate cut on Dec. 18.The STI’s rally, however, is really a story about Singapore’s Big Three banks: DBS, United Overseas Bank , and Oversea-Chinese Banking Corporation , No. 10, 11, and 12 respectively on the Southeast Asia 500, Fortune’s list of the largest companies in the region by revenue.Shares of DBS, the region’s largest bank, are up 41.6% so far this year and shares of OCBC and UOB are up 26.9% and 25.8% respectively.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/ZGYhLHMInJrsH7SBId5RUA--~B/aD0xMzY1O3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/f30480d5dc169750d0f6a854e4ac18c5","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZGYhLHMInJrsH7SBId5RUA--~B/aD0xMzY1O3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/f30480d5dc169750d0f6a854e4ac18c5"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/singapore-straits-times-index-southeast-210000738.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/singapore-straits-times-index-southeast-210000738.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["LU0348814723.USD","LU0048573645.USD","LU0048597586.USD","LU0210637038.USD","LU0588545490.SGD","LU0738912210.USD","LU2264538146.SGD","LU0264606111.USD","SG9999004360.SGD","LU0532188223.SGD","LU0516423174.USD","LU0588545904.SGD","SG9999014302.SGD","U11.SI","LU0315178854.USD","LU0918141887.USD","LU0251143029.SGD","SG9999002679.SGD","LU0577902298.EUR","LU0737861269.HKD","LU0577902454.USD","LU0873338254.USD","SG9999014484.SGD","LU0516422440.USD","LU0865486749.SGD","LU0261945553.USD","BK6112","SGXZ27511609.SGD","LU0348816934.USD","LU0979878070.USD","LU2152927971.USD","SG9999000343.SGD","LU0577902538.SGD","SG9999003826.SGD","LU1105468828.SGD","SG9999008742.SGD","LU0898667661.SGD","SG9999013486.USD","LU0414403682.SGD","LU0516422366.SGD","LU0516422952.EUR","LU1988902786.USD","SG9999001127.SGD","SG9999002406.SGD","LU1242518857.USD","SG9999005177.SGD","LU0251144936.SGD","LU0878005551.USD","LU1064131342.USD","SG9999014492.USD"],"gpt_icon":1},{"id":"2492147084","title":"Global Events Will Be Key Wild Cards for Philippines' Rate Cycle in 2025 -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2492147084","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492147084?lang=en_us&edition=fundamental","pubTime":"2024-12-19 18:26","pubTimestamp":1734603960,"startTime":"0","endTime":"0","summary":"1026 GMT - Global events after Trump takes office will be the \"key wild cards\" for BSP's rate cycle in 2025, UOB economists write in a note. At its final meeting for 2024, Bangko Sentral ng Pilipinas cut rates for the third time this year, citing that while inflation is expected to stay within its target range, domestic demand remains soft, and external developments could weigh on economic activity and market sentiment in the short term, UOB highlights. Volatility in global commodity prices and currency movements are major upside risks, UOB says. The BSP will likely remain cautious and data-dependent in deciding its next steps, the economists add. UOB projects that the BSP will implement three additional 25-basis-point rate cuts by mid-2025. 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