Genting Singapore leads STI’s 0.3% decline on Wednesday

The iEdge Singapore Next 50 Index closes flat at 1,526.59

The declines in earnings followed the deconsolidation of biomedical and life sciences hub Elementum, alongside lower contributions from rental income and settlements of the group’s development properties.
HOT STOCK

Ho Bee Land sinks 6.4% to one-month low on lower H2 profit

The property player ended the day at its intraday low of S$2.34

The Nikkei 225 index rose 1.1 per cent to 57,956.92 in early trade on Wednesday, after touching an intraday peak of 58,047.89.

Japan’s Nikkei share average sets record high as AI disruption fear eased

[TOKYO] Japan’s Nikkei share price average set a record high on Wednesday as investor apprehension over artificial intelligence disruption eased while the yen weakened.

OCBC reports a 3% increase in net profit for the fourth quarter, driven by a surge in non-interest income.

Stocks to watch: OCBC, Sembcorp, Genting Singapore, Ho Bee Land, SBS Transit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 25):

The Stoxx 600 index reversed earlier declines to close 0.2 per cent higher at 629.14 points on Tuesday.

European shares close higher but trade uncertainty lingers

EUROPEAN shares rose against a backdrop of broader market gains on Tuesday, tracking increased risk appetite on Wall Street, although investors awaited clarity on US trade policy after last week’s str...

All three major US stock indexes posted solid gains during Tuesday's session.

US stocks: Wall Street bounces back, ending higher on renewed tech vigor, easing AI concerns

[NEW YORK] Wall Street closed higher on Tuesday, with tech stocks leading the charge as renewed enthusiasm for artificial intelligence offset concerns over potential disruptions caused by the nascent ...

UOB shares hit a one-month low in early trade on Tuesday, falling as much as 4.6%.
HOT STOCK

UOB leads Singapore blue-chip losses on lower Q4 earnings, Wall Street tumble

Lender ends Tuesday 4.1% down after news of its fourth-quarter net profit falling 7% to S$1.41 billion

Across the broader market on Feb 24, gainers edge out losers 317 to 296.

Singapore banks finish lower; STI down 0.4%

The iEdge Singapore Next 50 Index advanced 0.4% or 6.48 points to 1,526.98

The bank’s fourth-quarter net profit fell 7% to S$1.41 billion.

Stocks to watch: UOB, OCBC, Keppel, Great Eastern, CAReit, iFast, ValueMax, MoneyMax

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Feb 24):