Share Investment Advice : OCBC, UOB's 2Q earnings beat consensus estimates .

SINGAPORE (July 28): Despite falling financing costs, rising credit expenses and increasing expenses due to fintech, Oversea-Chinese Banking Corp and United Overseas Bank reported income over the Street's desires. 

OCBC reported a 2Q16 net benefit of $885 million, down 15% y-o-y and up 5% q-o-q. The outcome was well over Bloomberg's accord of $846 million. 

This was because of a 66% decrease in income to $78 million commitment from Great Eastern Holdings and additionally the nonappearance of a $105 million increase from the offer of a value interest in 2Q15.

Here is SGX Hot Stock for Intra & Contra Trading: 

• OCBC
• UOB
• Lian Beng
• Yeo Hiap Seng
• HPH Trust
• INTRA ANCHOR
• CNMC GOLDMINE
• HTL INTL

Here is SGX Hot Stock for Long Term Trading: 

• CNMC GOLDMINE
• CITYNEON

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