Oversea-Chinese Banking is trading at SGD 31.54, up 4.09%, after investors continued responding to record first-half earnings and strong wealth-management growth.
- First-half net profit rose 13% year over year to S$4.19 billion; second-quarter profit rose 22% to S$2.22 billion.
- Non-interest income and wealth fees surged, and the bank declared a higher 47-cent interim dividend.
- Shares previously closed at SGD 30.30, up 3.31%, after reaching a record high; trading appears elevated, but no August 10 volume figure was confirmed.