S&P 500 opens subdued as Nvidia’s strong results draw muted reaction

[NEW YORK] The S&P 500 and the Nasdaq were muted at the open on Thursday (Feb 26), as Nvidia’s stellar earnings garnered a tepid reception, while broader technology stocks lost ground as investors ass...

The counter hit an intraday low of S$0.29, down by 15.9 per cent or S$0.055, with more than 53.7 million shares changing hands.
HOT STOCK

Yangzijiang Financial drops 14.5% to 2-year low on expected reversal into red

The group expects to post losses for its second half and full year due to the recognition of substantial credit loss allowances

The Singlife Legacy Indexed Income, a whole-of-life, non-participating universal life plan, “offers growth potential alongside highly customisable income streams”, says Singlife.

Singlife offers new indexed universal life plan amid growing HNW demand

The launch comes amid growing appetite for UL plans, fuelled by rising wealth creation across Asia-Pacific

The onshore renminbi advanced for a 10th straight session to hit 6.8310 per US dollar, its strongest level since April 2023.

Renminbi extends advance to mark longest winning streak since 2010

Exporters are seen stepping up foreign-currency settlements, helping the currency’s strength

The latest report reaffirms UBS’s bullish view on China.

UBS sees 20% upside for China stocks on reflationary potential

A reflationary environment would drive a valuations re-rating and stronger earnings-per-share growth

Hong Kong Exchanges and Clearing's net profit rose 36 per cent to HK$17.7 billion last year from HK$13.1 billion in 2024.

Hong Kong exchange posts record profit as equity turnover doubles, listings rebound

HKEX will pay a second interim dividend payment of HK$6.52 per share

Seatrium's net profit for H2 rises 48.3% to S$179.3 million.

Stocks to watch: Seatrium, Food Empire, AEM, YZJ Shipbuilding, Hong Leong Asia

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 26):

Singapore's “rapid” 19.3% top-line growth is propelled by one-off payments by banks, large special dividends and exchange rates.

Singapore firms’ 2025 dividend payouts hit US$18.7 billion record high amid boost from banks: study

This follows a US$2.1 trillion record for global dividends and higher normal dividends from DBS and Singapore telcos

The Stoxx 600 index closed 0.7 per cent higher at 633.47 on Wednesday, eclipsing Friday’s record close of 630.56.

European shares close at record high on HSBC boost, easing AI disruption fears

EUROPEAN shares closed at a record high on Wednesday, underpinned by a rebound in financials after HSBC raised a key lending target, while concerns that newer AI models might imminently disrupt tradit...