Broker: OCBC Group
Date of Report: 13 March 2026

Excerpt from OCBC Group report.

• Global equity markets dropped sharply due to surging oil prices and heightened geopolitical tensions, especially concerning Iran’s threats to disrupt energy supplies through the Strait of Hormuz.
• Major US, European, and Asian indices closed lower, with defensive sentiment prevailing as investors worried about inflation and prolonged conflict, while Singapore’s STI also declined, reflecting global risk aversion.

Report Summary

• Oil prices soared above US\$100/barrel, fueling inflation concerns and dampening hopes for interest rate cuts.
• US indices reached their lowest levels this year, while banks led declines in Europe and Asian markets followed the downward trend.
• Singapore market statistics reflect a drop in the Straits Times Index and increased trading volume, with most global indices in negative territory.
• OCBC’s recent research highlights buy recommendations for several Singapore stocks amid ongoing market volatility.
• Disclaimers emphasize that the report is for informational purposes only and not to be construed as investment advice.

above is an excerpt from a report by OCBC Group. Clients of OCBC Group can be the first to access the full report from the OCBC Group website: https://www.ocbc.com