Why did UOB shares fall today?

The pullback followed JPMorgan’s downgrade to Underweight with a S$34 target, which spurred profit taking after last week’s record high. Volume rose above average, and technicals were overbought. Together, these factors drove a 2.7% slide to S$38.45 as the market recalibrated near-term expectations.

When is the UOB results date?

United Overseas Bank is scheduled to report on Feb 24, 2026. Investors will watch credit costs, fee income trends, and capital return guidance. The post-print outlook could set the tone for the next few weeks as the market updates earnings and dividend expectations.

Is the UOB share price expensive now?

UOB trades at about 1.27 times book and 10.7 times TTM earnings, near the top of its recent range after hitting S$39.50. Yield is around 5.90% based on S$2.27 DPS. Valuation looks fair to rich near-term, with results likely to drive the next move.

What key technical levels should I watch?

Near-term support sits at S$38.21, with deeper supports around the 50-day at S$35.10 and 200-day at S$35.28. Resistance is the S$39.50 year high. Overbought signals include RSI at 78.36 and MFI at 96.79. These suggest the UOB share price could consolidate before a new trend.

Global Market Insights

U11.SI Stock Today: January 28 — Downgrade Pauses Rally; Feb 24 Results Next

ByDanny Kontos January 28, 2026January 28, 2026

The UOB share price slipped after a sharp run-up last week. Today, U11.SI fell 2.7% to S$38.45 as a fresh downgrade cooled sentiment. JPMorgan cut the bank to Underweight with a S$34 target, while other brokers stayed constructive. We outline what changed, the latest targets, and the Feb 24 results focus. Our aim is to help investors frame the UOB share price setup with clear data and local context.