---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000967933.md"
description: "$UOB(U11.SG)UOB has pulled back despite remaining up more than 20% YTD, suggesting some profit-taking after a strong run. I’m still not too concerned just yet, as the broader banking story remains intact. All eyes are now on the US midterms. A Republican sweep, which markets are not pricing in, could trigger a shift in sentiment and provide a catalyst for UOB to rebound (due to higher expectations of US rates). I’m holding on and watching how things unfold."
datetime: "2026-11-03T12:40:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000967933.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000967933.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000967933.md)
author: "[ynwa](https://longbridge.com/en/profiles/15896020.md)"
generator: "portal-rs"
---

# $UOB(U11.SG)UOB has pulled back despite remaining …


### Related Stocks

- [U11.SG](https://longbridge.com/en/quote/U11.SG.md)
- [UOVEY.US](https://longbridge.com/en/quote/UOVEY.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**