Capital Markets & Currencies

The STI is up 62.98 points at 5,001.56, while the iEdge Singapore Next 50 Index is up 9.13 points at 1,510.73.

Singapore stocks rise, tracking regional gains; STI up 1.3%

Across the broader market, gainers outnumber decliners 316 to 142, after 1.4 billion securities worth S$2.1 billion change hands

Genting Singapore’s “huge net cash position creates meaningful opportunities to unlock shareholder value”, says DBS analyst Zheng Feng Chee.
BROKERS’ TAKE

DBS upgrades Genting to ‘buy’ amid huge cash reserves, constructive gaming environment

It has issued a target price of S$0.90, 12.5% above its closing price of S$0.80 on Thursday

Yangzijiang Maritime says it will hold an extraordinary general meeting to seek shareholders’ approval on the proposed adoption of a share buyback mandate.

Stocks to watch: Yangzijiang Maritime, SIA, CSE Global

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 19):

Siddharth Dahiya, global head of emerging-market debt at Aberdeen, believes that the tailwinds seen in emerging markets are part of "a longer-term cycle and more structural in nature for now".

Emerging-market bonds poised for ‘very strong run’ after years of outflows: Aberdeen

Drivers include the improved credit ratings of these economies and potential Fed rate cuts

The Stoxx 600 closed 1.2 per cent higher at 628.69 points on Wednesday, with all major regional benchmarks finishing in positive territory.

European stocks close at record high on earnings boost; ECB leadership shift in focus

EUROPEAN stocks surged to fresh record highs on Wednesday, propelled by a rally in defence and banking shares as investors assessed corporate earnings and reports of a potential leadership transition ...

The Nasdaq gained 0.78 per cent to 22,753.64 points, while the Dow Jones Industrial Average rose 0.26 per cent to 49,662.66 points on Wednesday.

US stocks: Wall Street ends higher, lifted by Nvidia and other AI stocks

[NEW YORK] Wall Street ended higher on Wednesday, lifted by gains in Nvidia, Amazon and other technology-related heavyweights following recent jitters about artificial intelligence.

The S&P 500 posted 42 new 52-week highs and 10 new lows while the Nasdaq Composite recorded 81 new highs and 224 new lows.

Equities close with slight gains as tech shares recover

Traders are pricing in a chance of roughly 63% for a rate cut of at least 25 basis points at the Fed’s June meeting, the first with odds above 50%

The pan-European Stoxx 600 index rose 0.5% to 621.29 points.

European shares rise as banks, healthcare rally; investors weigh geopolitics, AI impact

The fresh AI-driven jitters have rippled across sectors, including software, insurance and trucking

Among STI constituents, Jardine Matheson Holdings led the gainers, rising 2.5%, or US$1.94, to US$78.14.

Singapore stocks end almost flat before Chinese New Year; STI inches up 0.02%

Across the broader market, gainers outnumber decliners 294 to 197, with 765.9 million securities worth S$954.9 million traded