Today: 6 June 2026

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Keppel share price dips after SAF project plan with Aster; investors eye Feb 5 results

Keppel share price dips after SAF project plan with Aster; investors eye Feb 5 results

Keppel shares slipped 0.2% to S$11.00 in afternoon trading after announcing a plan with Aster to assess an ethanol-to-jet fuel plant on Jurong Island. The facility could produce up to 100,000 tonnes of sustainable aviation fuel a year. Singapore’s SAF blending mandate begins at 1% this year, rising to up to 5% by 2030. Keppel said the project will not materially affect earnings this year.
28 January 2026
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Seatrium share price today: SGX:5E2 ticks higher as order book comes back into focus

Seatrium share price today: SGX:5E2 ticks higher as order book comes back into focus

Seatrium shares rose 1% to S$2.11 by mid-afternoon in Singapore, with trading volume at 7.1 million. The company reported a net order book of S$16.6 billion and faces arbitration over the DolWin 5 project, with preliminary claims totaling €180 million. Investors await full-year results on Feb. 26 and updates on a key vessel delivery scheduled for Feb. 28.
28 January 2026
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Jardine Matheson stock price slides 4% as MSCI’s Indonesia warning dents sentiment

Jardine Matheson stock price slides 4% as MSCI’s Indonesia warning dents sentiment

Jardine Matheson shares fell 4.4% to $72.91 in Singapore Wednesday afternoon, tracking a sharp selloff in Indonesian stocks after MSCI raised concerns over ownership and free float. Jakarta’s main index dropped nearly 7%, triggering a trading halt. Jardine has major exposure to Indonesia through its stake in Astra. The company continued share buybacks and reported insider purchases this week.
28 January 2026
Yangzijiang Shipbuilding stock edges up to S$3.33 as Singapore STI dips — traders eye Fed, March earnings

Yangzijiang Shipbuilding stock edges up to S$3.33 as Singapore STI dips — traders eye Fed, March earnings

Yangzijiang Shipbuilding shares rose 0.3% to S$3.33 in afternoon trading Wednesday, rebounding after a late-January dip but still 11% below their Jan. 14 high. Short selling made up 43% of Tuesday’s 20.3 million shares traded. Singapore’s Straits Times Index slipped 0.47% after a 1.28% gain Tuesday. Yangzijiang’s next earnings release is scheduled for March 4.
28 January 2026
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Singapore Airlines share price slips as summer flight boost meets rising oil

Singapore Airlines share price slips as summer flight boost meets rising oil

Singapore Airlines shares fell 0.6% to S$6.34 by mid-afternoon Wednesday after announcing expanded flights to Bangkok, Yangon, and Surabaya for the March–October season. The carrier will deploy the Airbus A380 to Dubai and warned of possible disruptions during the Singapore Airshow. Oil prices remained steady, keeping fuel costs in focus ahead of the Feb. 24 business update.
28 January 2026
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UOL share price slips after JPMorgan upgrade rally fades in Singapore

UOL share price slips after JPMorgan upgrade rally fades in Singapore

UOL Group shares fell 2.8% to S$10.87 on Wednesday after surging 8% the previous day, following a JPMorgan upgrade and heavy trading. The stock traded 3 million shares in a S$10.56–S$10.99 range. UOL recently won a S$1.5 billion mixed-use site at Hougang Central. Investors await full-year results on Feb. 26 for updates on project launches and Marina Square redevelopment.
28 January 2026
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ST Engineering stock price ticks higher on record S$18.7b contract wins — what traders watch next

ST Engineering stock price ticks higher on record S$18.7b contract wins — what traders watch next

ST Engineering shares rose 0.3% to S$9.47 after reporting record FY2025 contract wins of S$18.7 billion, including S$4.7 billion in the fourth quarter. Broker CGS International raised its target price to S$10.20, citing new defence contracts. FY2025 results are due Feb 27. The company said recent contract wins will not significantly affect current-year earnings.
28 January 2026
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ASML’s record AI orders hit €13.2 billion — and its $250 million chip machines are the bottleneck

ASML’s record AI orders hit €13.2 billion — and its $250 million chip machines are the bottleneck

ASML reported Q4 bookings of €13.2 billion, far above forecasts, as AI chip demand surged. The company raised its 2026 sales target to €34–39 billion, reversing earlier guidance and topping analyst expectations. Fourth-quarter sales reached €9.7 billion with net income at €2.8 billion. ASML also launched a new share buyback program of up to €12 billion through 2028.
28 January 2026
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DBS share price near record highs as SGX bank rally cools, Fed decision ahead

DBS share price near record highs as SGX bank rally cools, Fed decision ahead

DBS Group Holdings shares hit a new 52-week high of S$59.57 before easing to S$59.40 in Wednesday afternoon trading, following a record close Tuesday. Phillip Securities downgraded DBS and OCBC to “neutral” after recent price gains, citing margin pressure from falling SORA rates. Traders await the U.S. Federal Reserve’s policy decision and DBS’s full-year results due Feb. 9.
28 January 2026
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WiseTech Global (ASX:WTC) share price hits 52-week low as inflation shock fuels rate-hike bets

WiseTech Global (ASX:WTC) share price hits 52-week low as inflation shock fuels rate-hike bets

WiseTech Global shares fell 3.8% to A$60.70 in Sydney, hitting a 52-week low as traders braced for a possible Reserve Bank of Australia rate hike next week. Australia’s trimmed-mean CPI rose 3.4% year-on-year in the December quarter. The S&P/ASX 200 closed down 0.09%, with tech stocks leading declines. WiseTech reports half-year results on Feb. 25.
28 January 2026
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South32 share price hits a 52-week high on ASX as rate bets shift and metals surge

South32 share price hits a 52-week high on ASX as rate bets shift and metals surge

South32 shares closed up 1.3% at A$4.56 in Sydney, hitting a 52-week high of A$4.59, with 15.35 million shares traded. Australian core inflation rose 0.9% for the quarter, prompting traders to price in a 73% chance of a rate hike by the RBA next week. The S&P/ASX 200 slipped 0.09% to 8,933.9 after the inflation report. Spot gold surged past $5,200 an ounce as the U.S. dollar weakened.
28 January 2026
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Stock Market Today

  • MicroStrategy (MSTR) Stock Plummets 68% in One Year: Is It Undervalued?
    June 5, 2026, 9:16 PM EDT. MicroStrategy (MSTR) shares fell 67.8% over the past year, closing at $120.44 amid a volatile run marked by a 24.3% drop last week and 35.5% in the past month. Despite this steep decline, the stock boasts a 3.3x gain over three years and has doubled over five. MSTR currently scores 4 out of 6 on valuation metrics, indicating undervaluation. A Discounted Cash Flow (DCF) model projects an intrinsic value of $155.92 per share, suggesting the stock is roughly 22.8% undervalued. The company posted a $72 million free cash flow loss recently, but analysts forecast growth with free cash flow reaching $3.57 billion by 2028. Investors remain cautious, weighing multi-year gains against recent performance and valuation variables like price-to-book ratios.

Latest articles

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

6 June 2026
Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
POET Technologies Stock Drops Sharply as Investors Watch

POET Technologies Stock Drops Sharply as Investors Watch

6 June 2026
POET Technologies plunged 23% to $11.86 amid a semiconductor selloff, as investors weighed execution risks after a $400 million capital raise, a $50 million Lumilens order, and recent turbulence from Marvell’s canceled purchase orders, with dilution and tax-status questions adding pressure.
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

6 June 2026
Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

6 June 2026
Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
Gas Bulls’ Storage Bump Fizzles on Weather Shift

Gas Bulls’ Storage Bump Fizzles on Weather Shift

6 June 2026
U.S. natural gas futures fell 3.2% to $3.229/MMBtu Friday as weather models cut expected cooling demand, erasing a two-day rally sparked by a smaller-than-expected storage build and hotter forecasts; inventories remain above average but the surplus is narrowing, with traders watching if heat and exports can offset near-record production and ongoing LNG plant maintenance.
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