UOB leads Singapore blue chip losses on lower Q4 earnings, Wall Street’s tumble
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UOB shares fell to a one-month low after reporting a 7% decline in Q4 profit, dropping to S$37. The bank's net profit for the quarter ended Dec 31 was S$1.41 billion, missing the S$1.44 billion consensus estimate. Peers DBS and OCBC also saw declines, while other ST Index components dropped following a significant fall in the Dow Jones.
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