Stocks to Watch: UOB, StarHub, Sats, AA Reit, Coliwoo, Avi-Tech Holdings
UOB posted a Q1 net profit of S$1.44 billion (≈ $1.07 billion), down 4% year‑on‑year but ahead of the S$1.39 billion consensus, nudging its shares up 1%. StarHub’s profit collapsed 81% to S$5.9 million (≈ $4.4 million) as revenue slipped 6% to S$507.3 million (≈ $375 million). Avi‑Tech’s founder sold a 29.9% stake for S$17 million (≈ $12.6 million) and installed a new executive chairman, while Sats paid 312.6 million yuan (≈ $43.8 million) for an extra 40% of Nanjing Weizhou, taking its holding to 90%. AA REIT lifted its distribution per unit 4.1% to S$0.0513 (≈ $0.038) and Coliwoo’s H1 profit jumped 44% to S$13.4 million (≈ $9.9 million).
PSEi Rebounds as Easing Mideast War Lift Sentiment
The Philippine Stock Exchange Index jumped 1.17% to 5,967.21 points on May 6, 2026, as easing tensions between the United States and Iran lifted risk appetite. Foreign investors added roughly $2.3 million—the third straight day of net buying—while total turnover reached about...
Markets Catch a Whiff of Peace as Oil Cools, but Risks Linger
A tentative US‑Iran memorandum sparked a sharp retreat in oil, with Brent falling 7% to $102 a barrel and WTI dropping 8% to $94, the steepest two‑session decline since the April ceasefire. The easing of supply‑risk fears lifted Indian equities,...
This Chart Tells the Story of the Hottest Stock Market as Samsung Values Hits $1 Trillion
Samsung Electronics broke the $1 trillion market‑cap barrier on May 6, 2026, propelled by soaring demand for AI‑driven chips. The milestone helped lift South Korean equities, with the Kospi index jumping 6% and posting a 75% gain year‑to‑date, nearly tripling its value...
Nifty Set for 200-Point Gap-Up Opening on Positive Global Cues
Indian equities are poised for a strong start as the Gift Nifty hovered at 24,320, implying a roughly 200‑point gap‑up opening. Improved global sentiment, driven by signs of de‑escalation in the Middle East, has cooled oil prices and lifted risk...
From Gift Nifty, US-Iran Peace Talks to Nasdaq, Kospi Rally: 10 Things that Changed for Indian Stock Market Overnight
Gift Nifty traded around 24,306, roughly 200 points above the previous Nifty futures close, indicating a gap‑up start for India’s equity market. Global cues were bullish – US stocks hit record highs and South Korea’s Kospi surged 5.4% amid optimism...
Stocks Gain as Investors Take Heart From Upbeat Earnings, Dip in Oil
Asian equities slipped 0.3% as oil prices stayed above $100 per barrel, reflecting lingering geopolitical tension in the Gulf. Brent crude fell to $113.85 a barrel and U.S. crude to $105.03 after renewed U.S.-Iran clashes in the Strait of Hormuz....
Market Trading Guide: Buy Anant Taj, RBL Bank, 6 More Stocks on Wednesday for Gains up to 16%
The Economic Times’ market guide flags eight Indian equities for a 2‑3‑week swing trade, offering upside ranging from 5% to 17% despite a bearish Nifty that has lingered below its 50‑day EMA for eight sessions. Analysts cite higher‑low formations on...
PSEi Falls Below 5,900 on Inflation Shock
The Philippine Stock Exchange Index slipped below 5,900, closing at 5,898.08, after inflation surged to 7.2% and geopolitical tensions rose in the Middle East. The index fell 0.74% (44.08 points). Turnover was only PHP 4.61 billion (≈ $83 million) and foreign inflows were PHP 38.59 million...
Singapore Stocks Slip on Fresh US-Iran Clashes; STI Down 0.1%
Singapore’s benchmark Straits Times Index slipped 0.1% to 4,920.61 as fresh US‑Iran clashes erupted in Gulf waters, sparking investor caution. Frasers Logistics & Commercial Trust rose 2.06% to S$0.99 (≈$0.73), while Venture Corporation fell 3.57% to S$16.48 (≈$12.2 million). Total turnover...
Sensex Today | Stock Market Live Updates: Sensex , Nifty Slip as Oil Shock Fears Rise; Rupee Sinks to Fresh...
Indian equities closed modestly higher on May 5 2026, with the Nifty 50 up 0.5% just below 24,120 and the Sensex mirroring the gain. Pharma led the market, rising 0.9% driven by Laurus Labs and Gland Pharma, while IT fell 0.9%; Adani Ports...
Adani Ports, Tata Motors and Siemens Energy Witness Block Deal Action on Monday
Global institutional investors executed large block deals on Monday, pouring roughly $890 million into Adani Ports and Special Economic Zone (APSEZ). Capital Group International bought 2.46 crore shares worth about $484 million, while Capital Income Builder and Europacific Growth Fund added $74 million and...
Rupee Hits Record Low as Nifty Closes Well Off Day’s High
India's rupee slipped to a fresh record low, hovering around 95 INR per dollar as the Nifty 50 closed at 24,119, up 0.5%. The market’s rally, fueled by a BJP win in three state elections, lower crude prices and a 33% jump...
AI Chipmakers in Korea, Taiwan Drive Asian Stocks to Record
Asian equities surged as AI‑focused chipmakers in South Korea and Taiwan propelled the MSCI Asia Pacific Index to a 2% gain, its highest level since April. TSMC, Samsung Electronics and SK Hynix all posted record‑high shares, lifting regional tech benchmarks...
Taiex Posts Record Daily Point Gain, Ends Above 40,000 Points
Taiwan's benchmark Taiex index posted a record daily gain of 1,778.51 points, closing at 40,705.14 and breaking the 40,000‑point barrier for the first time. The surge was powered by semiconductor heavyweights, with TSMC jumping 6.56% and contributing roughly 1,110 points...
Asian Markets Mixed, Oil Steady After Wall Street Hits Records
Asian equities displayed a mixed performance on Monday as U.S. stocks hit fresh all‑time highs, buoyed by strong corporate earnings. South Korea’s Kospi surged 3.8% while Hong Kong’s Hang Seng rose 1.4%, whereas Australia’s ASX 200 slipped modestly. Oil prices remained...
Gains Narrow by Noon; Kotak Bank, Bharti Airtel Drag as Broader Market Stays Firm
Indian equities held gains into midday on May 4, with the BSE Sensex up 0.53% at 77,324 and the NSE Nifty 50 up 0.52% at 24,122. The rally was led by consumer‑goods heavyweight Hindustan Unilever, which jumped 3.9% on roughly $37 million of...
Australian Shares Slip as RBA Decision Looms, NAB Posts Profit Miss
Australian shares slipped 0.4% to 8,697.10 as investors braced for the Reserve Bank of Australia’s rate decision. National Australia Bank reported a half‑year cash earnings miss, sending its stock down 1.2% and prompting the big four banks to raise provisions...
Kotak Mahindra Bank Shares Fall 5% Despite Q4 Profit Beat, Top Nifty 50 Loser
Kotak Mahindra Bank posted a 13% year‑on‑year rise in Q4 FY26 net profit, reaching ₹4,027 crore (≈ $485 million), driven by higher net interest income and sharply lower provisions. Despite the earnings beat, the shares slipped up to 5% in early trade, closing...
Exit Polls May Lift Markets Briefly, but Oil Remains Key Risk for Equities
Indian equity markets may receive a fleeting lift from exit polls indicating that incumbents will retain power in most states, but the boost is likely short‑lived. Kotak Institutional Equities warns that crude‑oil price movements remain the dominant short‑term risk for...
Weekly Wrap: Market Steps Back From the Brink with a Rise
The ASX 200 jumped 0.7% to 8,729.8 points on Friday, snapping an eight‑day losing streak that had persisted since 2018. The rally was led by the materials sector, with BHP and Rio Tinto each gaining over 2% as oil prices retreated to...
Stocks Fall in Asia After Fed Holds Interest Rate Steady
Asian equities slipped Thursday as the U.S. Federal Reserve kept its policy rate unchanged at 3.5‑3.75%, marking a third pause this year and reinforcing a higher‑for‑longer outlook. An 8‑4 vote revealed deep divisions within the Fed, the sharpest dissent in...
Ayala Land Q1 Profit Drops to P5.4B
Ayala Land Inc. posted a first‑quarter net profit of ₱5.4 billion (about $98 million), down 22% from the same period a year earlier. Revenue rose to ₱37.5 billion (~$682 million), buoyed by a 9% increase in leasing and hospitality earnings. Hospitality revenue jumped 30%...
Sensex Today | Stock Market Live Updates: Sensex, Nifty Close in Red as Market Breadth Turns Sharply Negative
India’s benchmark indices closed lower on April 30, with the Sensex slipping 582 points to 76,913 (-0.75%) and the Nifty 50 falling 180 points to 23,997 (-0.74%). Market breadth turned sharply negative – 1,295 stocks advanced versus 1,976 decliners – and...
South Korea's Kospi Clocks Best Month in 28 Years as Tech Optimism Triumphs over Iran War Worries
South Korea’s Kospi posted its strongest monthly gain in 28 years, climbing nearly 31% and marking the best performance since January 1998. The rally was driven by a surge in AI‑related tech stocks, with semiconductor leaders SK Hynix and Samsung Electronics jumping 60% and...
Asia-Pacific Markets Trade Mixed After OPEC Shock, Tech Jitters Drag Wall Street Lower
Asian markets showed mixed performance on Wednesday as the United Arab Emirates announced its exit from OPEC on May 1, a move that rattled oil‑price expectations. In South Korea, the Kospi rose 0.75% to 6,690.9, while Australia’s ASX 200 slipped 0.27% to...
Hedge Fund Short Covering Drives Demand in CATL’s $5bn Share Placement
Hedge funds dominated demand for CATL's $5 bn share placement, snapping up more than $3 bn of shares as they covered short positions. The Hong Kong‑listed H‑shares have traded at a widening premium to the Shenzhen‑listed stock, driving record short‑interest and borrowing costs...
Nifty 50 Loses Valuation Cushion After Recent Rally; Fuel Price Risk May Trigger Short-Term Correction: Emkay Global
Emkay Global warns that the Nifty 50’s recent rally has eroded its valuation cushion, with the index now trading at a FY27E price‑to‑earnings multiple of 19.5×, close to its long‑term average. The brokerage cites $14.2 billion of FPI outflows in Q4FY26,...
CATL's Shares Fall Amid $5bn Placement
Chinese EV battery leader CATL announced a US$5 billion share placement, pricing the new shares 7% below the prior day’s closing price. The deal involves 62.4 million shares at HK$628.20 (≈US$80.2) each, subscribed by six independent investors. The discounted pricing triggered a...
Piramal Finance Jumps over 12% on Q4 Profit Surge, Brokerages See Improving Outlook
Shares of Piramal Finance jumped about 12.5% to ₹2,066 (≈$25) after the firm reported a Q4 FY26 net profit of ₹502 crore (≈$60 million), a 390% year‑on‑year increase. The profit surge was driven by higher margins, a stronger retail loan mix and...
Reliance Share Price Target Hiked to Rs 1,910: Why Goldman, CLSA, and Morgan Stanley Are Betting Big
Reliance Industries (RIL) saw its 12‑month price target lifted to Rs 1,910 (≈$23) by Goldman Sachs, the highest among a group of global brokerages. The boost comes despite a 13% stock decline after a weak oil‑to‑chemicals quarter, as analysts expect O2C...
Asia Stocks Mixed: Nikkei Slips After BOJ Rate Hold; KOSPI Hits New Record High
Asian equity markets showed mixed performance on Tuesday as the Bank of Japan kept its policy rate at 0.75%, prompting the Nikkei 225 to slip 0.7% from a fresh record high. South Korea’s KOSPI defied the regional trend, climbing over...
Ahead of Market: 10 Things that Will Decide Stock Market Action on Tuesday
Indian equities rebounded on Tuesday, ending a three‑day decline as the Nifty 50 rose 0.81% to 24,092.70 and the Sensex gained 0.83% to 77,303.63. The India VIX dropped 6.77% to 18.38, indicating easing volatility. Technical analysts see resistance around 24,115‑24,150 with...
Market Trading Guide: Buy Varun Beverages and JSW Energy on Tuesday for Gains up to 8%
The Nifty 50 rebounded on Monday, ending a three‑session decline as pharma, IT, auto and metals led broad buying. Technical analysts highlighted Varun Beverages (entry Rs 519 ≈ $6.25, target Rs 570 ≈ $6.87) and JSW Energy (entry Rs 574 ≈ $6.92, target Rs 630 ≈ $7.59) as bullish picks with roughly 10% upside. Both stocks...
Nifty Snaps Three-Day Losing Streak, Climbs 195 Points; Midcaps Lead the Charge
India's Nifty 50 snapped a three‑day slide on Monday, closing at 24,092.70, up 0.81%. The rally was broad‑based, with pharma, realty, IT, media and consumer durables each gaining 2‑3%, while financials lagged. Mid‑cap and small‑cap indices outperformed, rising 1.47% and 1.90%...
Paytm Shares Recover From Early Lows, End Down 0.83% as Payments Bank Winds up; Goldman Holds Buy
Paytm’s parent One 97 Communications saw its shares recover from an early‑day low of ₹1,051 ($12.8) to close at ₹1,132 ($13.80), just 0.83% down. Goldman Sachs kept a Buy rating, lifting its 12‑month price target to ₹1,400 ($17) – about 24% upside...
Axis Bank Shares Lead Nifty 50 Losers After Q4 Results, Brokerages Flag Mixed Performance
Axis Bank’s shares slid nearly 5% in early trade, closing 3.05% lower at ₹1,324.20, after the lender reported a marginal dip in standalone net profit to ₹7,071 crore (≈$852 million) versus ₹7,117.5 crore a year earlier. While loan growth remained robust at 6.4%...
Stock Market Highlights: Sensex, Nifty Rebound, Snap Three-Day Losing Streak on IT, Sun Pharma Rally
Indian equities rebounded on April 27, 2026, with the Sensex climbing 0.83% to 77,303.63 and the Nifty 0.81% to 24,092.70, snapping a three‑day losing streak. Gains were led by a 2.2% rise in the IT index and a 7% surge...
The World’s Largest EV Battery Maker Is Raising $5 Billion in Hong Kong
China's CATL, the world’s largest EV battery maker, is launching a Hong Kong follow‑on to raise up to $5 billion, the biggest share sale in the market in about four years. The company’s Hong Kong shares have surged 160% since the May 2025 secondary...
CATL Seeks $5 Billion in Largest HK Share Sale of 2026
Contemporary Amperex Technology Co. Ltd. (CATL) is planning a Hong Kong share placement to raise about $5 billion, the largest offering in the city so far this year. The company will price the new shares between HK$628.20 and HK$651.80, equivalent to $80.16‑$83.00,...
AI Boom Drowns Out War Fears to Fuel Asia’s Great Market Divide
Asian equity markets are splitting along a north‑south divide as AI‑driven chipmakers lift South Korea, Taiwan and Japan while higher oil prices depress India, Indonesia and the Philippines. The AI boom has propelled the Kospi and Taiex to record highs,...
Markets Shrug Off Geopolitics as AI Rally Drives Record Highs Ahead of Central Bank Super Week
Asian equity markets surged to fresh record highs this week, with the KOSPI up over 2.5% and the Nikkei gaining more than 1.5%. The rally is driven largely by an AI‑focused risk‑on wave, while investors have relegated the US‑Iran cease‑fire...
10 Well-Known Stocks Down up to 70% in a Year Amid FII Selloff. Do You Own Any?
A recent ETMarkets analysis highlights ten prominent Indian equities that have slumped up to 70% over the past year as foreign institutional investors (FIIs) dramatically cut their stakes. ITC, Kotak Mahindra Bank, IRCTC, HCL Technologies, Cipla, FirstCry, BLS International, Info...
JP Morgan Downgrades India Equities to 'Neutral', Bets on Asia Tech Amid AI-Led Shift
JP Morgan has downgraded Indian equities to a Neutral stance, citing elevated valuations, earnings pressure and scant exposure to AI‑driven sectors. The firm is simultaneously boosting its allocation to technology‑heavy Asian markets, especially Taiwan, as AI momentum accelerates across the region....
JEP, XMH Chairs up Stakes; AGT Becomes OKP Substantial Shareholder
Institutional investors sold a net S$631 million ($467 m) of Singapore equities between April 17‑23, pushing the first‑half outflow to S$1.03 billion ($762 m). JEP’s CEO Andy Luong and XMH’s chairman Tan Tin Yeow each increased their personal stakes, while AGT Global Growth Fund expanded its holding...
Stocks to Buy Under ₹100: Sumeet Bagadia Recommends Three Stocks to Buy on Monday - 27 April 2026
The Indian equity market posted a third consecutive decline on April 24, with the Nifty slipping 1.10% to 23,907 and the Sensex down 1.28% amid tech‑sector sell‑offs and higher oil prices driven by Middle‑East tensions. Technical analysis by Choice Broking’s Sumeet Bagadia...
Stock Market Crash: Nifty 50 to Sensex — Has Dalal Street Discounted the US-Iran War?
The Nifty 50 and Sensex have retreated below the 24,000 and 77,000 marks after a brief rebound from the US‑Iran war shock, settling near 23,800 and 76,900 respectively. Analysts say the initial geopolitical jolt has been priced in, but rising Brent...
AI Chip Surge Elevates Taiwan, Korea in Global Equity Rankings
The AI boom has propelled Taiwan’s stock market past the United Kingdom, reaching roughly $4.3 trillion, while South Korea is within $140 billion of overtaking it. The surge is driven by massive gains in AI‑related chipmakers—TSMC, Samsung Electronics and SK Hynix—whose shares have...
AI Chip Surge Elevates Taiwan, Korea in Global Equity Rankings
The artificial‑intelligence chip boom is reshaping global equity markets, propelling Taiwan and South Korea ahead of Europe’s largest economies. Taiwan’s stock market now totals roughly $4.3 trillion, nudging the United Kingdom into third place, while South Korea sits about $140 billion shy...
Regional Equity Investors Find Little to Cheer
Thai equities remained under pressure as the SET index slipped 1.8% to 1,456.10 points, driven by foreign selling of 5.86 bn baht and concerns over an upcoming MSCI rebalance that could trim the market’s weight. Retail investors provided a modest cushion,...