Broker Name: OCBC Investment Research Private Limited
Date of Report: 13 November 2025
Excerpt from OCBC Investment Research Private Limited report.
- US Market: Stocks ended mixed, with rotation out of high-growth tech stocks amid concerns over valuations and profit-taking before key earnings. While most S&P 500 stocks advanced, the index rose only marginally. Nvidia’s upcoming earnings are seen as a key test for the tech rally.
- Europe: European equities gained, with strong earnings driving the Stoxx Europe 600 Index to a record high, led by auto and utilities sectors. Earnings-per-share growth for MSCI Europe Index outperformed expectations.
- Asia: The MSCI Asia Pacific Index posted its longest win streak in over a month, buoyed by supportive factors including US-China trade improvements and solid corporate results. Japan’s Topix and Nikkei 225 rose, with rotation away from tech after SoftBank sold its Nvidia stake.
- Singapore: Straits Times Index climbed 0.6%, with financials and real estate up; REITs slipped. Market breadth was positive with more gainers than losers.
- Sector & Stock Highlights: Latest research reports cover major Singapore-listed companies, with BUY ratings on stocks like DBS, UOB, CapitaLand Investment, Wilmar International, and NetLink NBN Trust, citing solid earnings, attractive valuations, and opportunities for accumulation.
- World Indices & Commodities: Major global indices mostly up; gold and silver rallied, oil prices fell.
- Ratings Guide: BUY rating signals expected returns above 10% (or 30% for small caps), HOLD for returns within +10%/-5%, and SELL for returns below -5%.
Report Summary:
Markets globally showed resilience and mixed performance, with profit-taking in technology, strong earnings supporting Europe and Asia, and Singapore equities benefiting from positive sector rotation. The report highlights various stock recommendations and market outlooks.
Above is an excerpt from a report by OCBC Investment Research Private Limited. Clients of OCBC Investment Research Private Limited can be the first to access the full report from the OCBC website: https://www.ocbc.com
