OCBC shares surge nearly 3.5% after better-than-expected Q3 results
Shares of OCBC surged nearly 3.5 per cent at market close after better-than-expected third quarter results. OCBC's earnings wraps up the reporting season for the country’s three local banks after UOB and DBS. Analysts say the trio remain well-positioned to maintain their growth momentum, despite narrowing net-interest margins and an uncertain economic outlook. Beatrice Yap with this report.
Shares of OCBC surged nearly 3.5 per cent at market close after better-than-expected third quarter results. OCBC's earnings wraps up the reporting season for the country’s three local banks after UOB and DBS. Analysts say the trio remain well-positioned to maintain their growth momentum, despite narrowing net-interest margins and an uncertain economic outlook. Beatrice Yap with this report.
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