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Topic — OCBC share price fall

18 reports · updated · Asia/Singapore

The topic's swellNew reports / hour
5244
7 Oct · 03:2303:23 SGT
FIRST HEARD 7 Oct · 12:04
LATEST 7 Oct · 19:54
18 REPORTS IN THIS TOPIC
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Right now

OCBC shares have fallen nearly 6%, wiping about S$8 billion off the bank's value.

18 reports · 8 Oct · 03:23 SGT

Summary · from headlines4 points
  • Citi downgraded OCBC to ‘sell’ with a target price of $27.50.
  • OCBC shares fell 5.8% in heavy trade, wiping S$8 billion off its value.
  • Market Talk forecast OCBC and UOB could benefit more from rising rates than DBS.
  • RHB raised OCBC’s target price to $33.70 on a Fed rate hike.
Latest developments6 to read first

Timeline 18 reports

7 Oct 202618 reports

19:002 reports

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16:00nothing heard

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