Asia's cash-rich firms more resilient in this year's equity selloff [Reuters]
UNITED OVRSEAS BK S/ADR (UOVEY)
NASDAQ:AMEX Investor Relations:
uobgroup.com/investor/index.html
Company Research
Source: Reuters
Asia's cash-rich firms more resilient in this year's equity selloff | Reuters 4 Min Read (Reuters) - Shares of cash-rich firms in Asia have weathered this year’s sell-off in much better shape than key stock indexes, a Reuters analysis showed, reinforcing views that investments in companies with strong finances safeguard returns during market crises. An analysis of top 200 Asian firms based on their cash and short-term investments showed they outperformed the broader MSCI Asia-ex-Japan index .MIAPJ0000PUS during the market crashes in 2008, 2013 and 2015. So far in 2018, their shares have fallen just 5 percent on average, compared with the MSCI Asia-ex-Japan index’s fall of 14.5 percent. GRAPHIC: Asia's cash rich firms - tmsnrt.rs/2PzDlNH With U.S. interest rates slowly but steadily rising, companies with higher debt burdens are likely to face more pressure and hence investments in cash-rich firms could be safer bets, analysts said. “In times like this, I think the focus of investors m
Show less
Read more
Impact Snapshot
Event Time:
UOVEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UOVEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UOVEY alerts
High impacting UNITED OVRSEAS BK S/ADR news events
Weekly update
A roundup of the hottest topics
UOVEY
News
- "Artful-noon" dining experiences await as UOB launches 43rd UOB Painting of the Year competitionPR Newswire
- DBS quarterly results trounce forecasts, another record year expected [CNBC]CNBC
- DBS CEO Gupta Sees Another Record Year After Earnings Beat [Yahoo! Finance Canada]Yahoo! Finance Canada
- DBS Profit Beats Estimates on Higher Lending, Wealth Fees Growth [BNN Bloomberg (Canada)]BNN Bloomberg
- Why You Might Be Interested In United Overseas Insurance Limited (SGX:U13) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance