Capital Markets & Currencies

DBS analysts maintain a “constructive” view on Astra International and forecast its FY2026 earnings to come in at around 4 per cent above consensus.
BROKERS’ TAKE

DBS initiates coverage on Jardine C&C with ‘buy’ on ‘strategic exposure’ to Vietnam, Indonesia

Astra International, which is 50.1% owned by the group, is expected to post consensus-beating earnings for FY2026, says DBS

Markets in Asia-Pacific largely shrugged off US President Donald Trump’s latest decision to increase the tariffs, with Singapore, South Korea, Taiwan, Hong Kong and Malaysia posting gains.

Asia sees ‘temporary’ tariff relief, Singapore to benefit despite direct hike: analysts

The fluid tariff situation is also not expected to derail the 2026 tech boom

Seatrium is due to announce its full-year financial results on Feb 26.
HOT STOCK

Seatrium ends 2.3% higher on S$50 million savings target ahead of full-year earnings

Expected savings come amid the group’s divestment of non-core assets

US President Donald Trump announced increases in global tariffs to 15% from 10% on Saturday, after the US Supreme Court struck down his original slate of import duties.

Singapore’s STI up, Hong Kong stocks surge as Asia rises after Trump’s new tariffs

Trade levies on Asia have ‘likely peaked’, say Morgan Stanley analysts

The insurance arm of UOB on Friday reported a net profit of S$23.7 million for the second half.

Stocks to watch: UOI, Seatrium, Parkway Life Reit, Clas, Raffles Medical, Vicom, Concord New Energy

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 23):

Japan and Korea have a significant share of companies that report persistently negative returns. In Singapore, a potential area of concern could be the Catalist board with more than 80 per cent trading below their initial public offer price.

SGX must find ‘sweet spot’ in culling underperforming firms as regional peers tighten curbs: market experts

The challenge lies in balancing market quality with competitiveness, say market observers

The pan-European Stoxx 600 extended earlier gains to close 0.8% higher at 630.56 points.

Europe: Stoxx 600 hits record after US Supreme Court strikes down Trump tariffs

[BENGALURU] Europe’s Stoxx 600 closed at a record on Friday (Feb 20) after investors welcomed the US Supreme Court ruling that struck down President Donald Trump’s sweeping tariffs.

Traders see just over a 50 per cent chance the Fed will cut interest rates by its June policy meeting.

Wall Street ends higher after Supreme Court rules against Trump tariffs

Thousands of companies around the world have filed lawsuits challenging Trump’s sweeping tariffs