Broker: OCBC Group
Date of Report: 12 February 2026
Excerpt from OCBC Group report
Report Summary:
- US stock markets were weighed down by declines in software and financial shares, with AI disruption concerns slowing a previous rally; strong jobs data supported early gains but expectations for rate cuts diminished.
- European stocks saw slight gains, led by positive earnings from Siemens Energy and Heineken, despite ongoing challenges in the alcohol sector.
- Asian equities hit a record high, driven by technology shares and a weaker dollar; China lagged due to uneven economic recovery.
- Singapore market turnover jumped 33.6%, with the Straits Times Index up 0.4%; global indices showed mixed performance.
- OCBC Group Research provided updated ratings and fair values for major Singapore stocks and REITs, noting trends in dividend yields and sector-specific challenges.
- The report includes disclaimers, rating definitions, and guidance on investment suitability and risk.
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
