Shares Close at S$35.03 on Dec 24, 2025 as 2026 Margin Forecasts Take Center Stage
SINGAPORE (Dec 24, 2025) — United Overseas Bank Limited (UOB) shares ended the Christmas Eve session slightly higher, a small but notable outperformer among Singapore’s big three banks during thin, holiday-tilted trading. UOB (SGX: U11) rose 0.1% to S$35.03, even as the Straits Times Index (STI) slipped 0.06% ahead of the festive break. [1]
The move was modest, but the context matters: bank investors are still pricing a tug-of-war between (1) lower interest rates that can compress margins and (2) capital strength and dividends that continue to make Singapore banks core “income” holdings. And for UOB specifically, that debate remains tightly linked to the bank’s late-2025 provisioning posture and the outlook management has set…
