United Overseas Bank (UOB)

If OCBC drops even more over the next few weeks. The 3 local banks stocks might drop sharply overall as the reasons for the drop applies to all three banks (DBS,OCBC,UOB). However if the price for the banks ever drop below 2 standard deviation and their peg is below average will be a good time to buy the dip with a long time horizon for 5-10 years. DCA slowly and invest wise safely.

$OCBC Bank(O39.SG)

OCBC slipped ~5% at the open. Citi expects its upcoming earnings to lag DBS and UOB, weighing on sentiment. After the strong run-up, I’d stay patient and see if this retracement creates a better entry.

Sharp drop for OCBC today with the analyst's downgrade and partnership with Ant. The recent reduced board lot size also allows for investors to participate in increased trading volume since they have the flexibility to now buy/sell with lesser capital needed. Hence why we are seeing the huge increase in trading volume and the huge drop of as much as 6% for OCBC. This has also dragged the local index as well as DBS & UOB down by 1%+, which is probably the steepest drop in quite some time

What the Feds say in their minutes prior to the labour data last week will show how hawkish or actually dovish they are. I believe the markets will be reading them to look at their possible moves.

The Feds will release their minutes tonight and that makes the markets’ direction a teeny weeny tricky. Those minutes reflect what they thought prior to the labour data. So a dovish one might encourage the bulls. However the markets look leggy here and are due a pullback.

OCBC Dropped 5.5% On Wednesday. Is It A Buy or Bye?

🌟🌟🌟The sudden sell off across the 3 Singapore banks $OCBC Bank(O39.SG)$DBS(D05.SG)and $UOB(U11.SG)was sparked by the Citigroup downgrading OCBC from Neutral to Sell, slashing its price target to SGD 27.50. This implies that OCBC was heavily overextended relative to its historical fundamentals.

OCBC had a stellar run this year as the stock is up 53.20% year todate.

Analysts said that OCBC's upcoming Q3 2026 earnings are expected to be flat year on year.

The Case for Good Bye:

If your goal is capital appreciation over the next 6 months to 12 months, caution is warranted.

The Case for Good Buy:

If you are a long term investor, today's drop presents a healthy entry point.

OCBC, DBS and UOB remain some of the safest, most well capitalised financial institutions in the world. The long term thesis isn't just about lending anymore. All 3 banks have successfully transitioned into dominant regional wealth management hubs, capturing huge inflows across Asia.

With the new 10 share lot size that took effect from Monday , 5th October 2026, retail investors can comfortably buy this dip in smaller tranches without needing lots of capital upfront.

So are you planning to buy more OCBC shares today?

🏦 DBS & UOB: More Resilient Today

While OCBC dropped almost 5%, DBS fell only around 1% and UOB about 1.4%. This tells me today’s selling was much more concentrated in OCBC rather than across the whole Singapore banking sector.

📊 DBS: I would watch its key support and RSI. If RSI stabilises while selling volume falls, it could signal that the correction is slowing.

📈 UOB: UOB is showing similar relative strength. I would wait for support to hold before considering an entry.

🐶 My takeaway: I wouldn’t chase the rebound. I want support + RSI + volume confirmation before entering.@Captain's Watch

DBS, UOB and OCBC, today OCBC dropped 80 cents. but still above $30 dollar mark. Let us wait and see until 5pm closing at what price

Iggy's Journal: OCBC Falls 4.2% After Citi Cuts It to Sell

Wed 07 Oct 2026 | Morning

The Numbers

Intraday prices from Longbridge in morning trade: OCBC S$30.84, down 4.22%. DBS S$77.51, down 1.34%. UOB S$42.92, down 1.83%. The STI is at 5,637.05, down 1.13%. OCBC's volume is about 6.75 times its normal level, so this is heavier selling than an ordinary down day.

The Edge Singapore reports that Citi analyst Tan Yong Hong downgraded OCBC to Sell on 6 Oct with a target price of S$27.50. That target is 2.0 times OCBC's book value of S$13.73 at 30 Jun. Citi forecasts 1.8 times price to book for 2027, on a long-term return on equity of 13 percent. Citi expects third-quarter 2026 earnings to be flat year on year and softer than the Street, with a CET1 ratio, the main measure of a bank's capital strength, of 13.3 percent, down 70 basis points. Citi also says OCBC's price-to-earnings multiple has re-rated 46 percent this year, and that its dividend yield sits only 70 basis points above the Singapore 10-year government bond yield.

By my arithmetic, S$27.50 is about 11 percent below this morning's price, and OCBC trades at about 2.25 times book value.

I have found no news specific to DBS or UOB today. Their falls may be sympathy selling after OCBC, but I have not confirmed that.

This is one broker's view. The same analyst put Sell ratings on DBS, OCBC and UOB in August 2024, and all three have traded far higher since. That does not make this call wrong. It does mean one note is not a verdict. OCBC usually reports third-quarter results in early November, and I have not confirmed the date. Those results will show earnings and CET1, so Citi's call can be checked against the numbers.

(more in comments) 

$OCBC Bank(O39.SG)

looks like we need to look over this and next week closely also see how banks

results comes up and fed direction lets see ans go in as a step