Capital Markets & Currencies

HOT STOCK

UOB shares down 4.6% at one-month low as Q4 earnings decline

The bank’s Q4 net profit falls 7% to S$1.41 billion amid margin pressures from lower benchmark rates

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):

The Stoxx closed 0.5 per cent lower at 627.48 points on Monday.

European shares slip as fresh US trade uncertainty sours sentiment

EUROPEAN shares fell on Monday as renewed uncertainty over US trade policy gripped financial markets after President Donald Trump announced a new blanket tariff rate.

All three major US indices closed lower on Monday.

US stocks: Wall Street ends sharply lower amid AI displacement fears and revived tariff angst

[NEW YORK] Wall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from Friday’s US Supreme Court ruling sent investors fleeing from high-r...

The Dow Jones Industrial Average fell 89.4 points, or 0.18%, at the open to 49,536.54.

Wall Street opens lower as tariff uncertainty hurts risk appetite

[NEW YORK] Wall Street’s main indexes opened lower on Monday (Feb 23) as renewed tariff uncertainty unnerved investors after US President Donald Trump announced a new 15 per cent duty following a Supr...

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