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.

ST Engineering Stock (SGX:S63) on Dec 17, 2025: Share Price Near S$8.23 as Electric Bus Win, Buybacks and Aerospace Headlines Shape the Outlook

ST Engineering Stock (SGX:S63) on Dec 17, 2025: Share Price Near S$8.23 as Electric Bus Win, Buybacks and Aerospace Headlines Shape the Outlook

ST Engineering traded at S$8.23 mid-day Wednesday after its mobility unit, with CRRC, won S$114.7 million in LTA contracts for 250 electric buses. Shares moved between S$8.07 and S$8.24, below the October high of S$9.07. Market cap stood near S$25.8 billion, with a P/E of 33.6 and a 2.06% dividend yield.
17 December 2025
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SATS Ltd Stock (SGX: S58) Rallies to S$3.72–S$3.73 on 17 Dec 2025 as Buybacks, WFS Cargo Deal and Analyst Targets Take Centre Stage

SATS Ltd Stock (SGX: S58) Rallies to S$3.72–S$3.73 on 17 Dec 2025 as Buybacks, WFS Cargo Deal and Analyst Targets Take Centre Stage

SATS Ltd shares closed at S$3.72 on Wednesday, up 1.92% with 6.54 million shares traded, following a week-long rise of nearly 9%. The company disclosed a buyback of 235,100 shares on December 16 and reported cumulative buybacks totaling 0.439% of issued shares. Cargo unit WFS announced Saudia Cargo renewed its handling contract across eight major airports in Europe and the US.
17 December 2025
Singapore Stock Market Today (Dec 17, 2025): STI Slips as Global Rate Jitters Offset Strong Exports; Suntec REIT, Keppel DC REIT and CapitaLand-UOL in Focus

Singapore Stock Market Today (Dec 17, 2025): STI Slips as Global Rate Jitters Offset Strong Exports; Suntec REIT, Keppel DC REIT and CapitaLand-UOL in Focus

Singapore’s Straits Times Index hovered near 4,566 on Wednesday, slipping despite stronger-than-expected November exports and upgraded 2025 GDP forecasts. Trading volume reached about 88.4 million. Blue chips including Suntec REIT, Keppel, and CapitaLand-UOL drew focus after new corporate moves. Non-oil exports rose 11.6% year-on-year, led by pharmaceuticals and electronics.
17 December 2025
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OCBC Stock (SGX: O39) on 17 Dec 2025: Share Price, Analyst Forecasts, Dividend Outlook, and the Key News Moving Sentiment

OCBC Stock (SGX: O39) on 17 Dec 2025: Share Price, Analyst Forecasts, Dividend Outlook, and the Key News Moving Sentiment

OCBC shares closed at S$19.36 on December 17, 2025, near their 52-week high of S$19.47, after trading between S$19.20 and S$19.45 on volume of about 2.4 million. Investors are weighing whether fee income, wealth management, and capital returns can drive further gains as margins normalize. The bank recently announced a supplier financing partnership with Marriott targeting SMEs in Southeast Asia.
17 December 2025
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Singtel Stock (SGX: Z74) Today: Latest News, Dividend Outlook, and Analyst Forecasts as of Dec. 17, 2025

Singtel Stock (SGX: Z74) Today: Latest News, Dividend Outlook, and Analyst Forecasts as of Dec. 17, 2025

Singtel shares traded at S$4.54 mid-afternoon Dec. 17, near the top of their 52-week range, with a market cap of about S$74.65 billion and a 4% dividend yield. Singapore’s IMDA fined Singtel S$1 million over an October 2024 landline outage affecting 500,000 users. Investors remain focused on regulatory risks and ongoing issues at Singtel’s Australian unit, Optus.
17 December 2025
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City Developments Limited (SGX: C09) Stock: Quayside Isle Sale, Analyst Targets, and What Could Move CDL Shares Next (Dec. 17, 2025)

City Developments Limited (SGX: C09) Stock: Quayside Isle Sale, Analyst Targets, and What Could Move CDL Shares Next (Dec. 17, 2025)

City Developments Limited shares rose 1.47% to S$7.61 on Wednesday after announcing the S$97.3 million sale of Quayside Isle @ Sentosa Cove, a 47% premium to book value. The deal, expected to close in Q1 2026, marks CDL’s eighth asset divestment this year. The buyer is reportedly linked to Patrick Kho. CDL has also announced major disposals in Singapore, Japan, and the US in 2025.
17 December 2025
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DBS Group Holdings Ltd Stock (SGX: D05): Latest News, Share Price, Dividend Outlook, and Analyst Forecasts as of 17 Dec 2025

DBS Group Holdings Ltd Stock (SGX: D05): Latest News, Share Price, Dividend Outlook, and Analyst Forecasts as of 17 Dec 2025

DBS Bank was named Singapore’s second renminbi (RMB) clearing bank on 15 December 2025, gaining approval to operate in China’s onshore OTC bond market. Shares closed at S$55.05 on 17 December, near 52-week highs. The move is expected to deepen DBS’s RMB capabilities for cross-border settlement and expand transaction services as interest rate tailwinds fade.
17 December 2025
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PLS Group Limited (ASX:PLS) Stock Surges on Lithium Rally: Today’s News, Analyst Forecasts, and What Investors Are Watching

PLS Group Limited (ASX:PLS) Stock Surges on Lithium Rally: Today’s News, Analyst Forecasts, and What Investors Are Watching

PLS Group Limited shares rose about 5% to A$4.08 on Wednesday after upbeat analyst reports flagged stronger demand for electric vehicles and battery storage. JPMorgan raised its price target for PLS to A$4.80. Liontown and Mineral Resources also posted strong gains. Morgan Stanley cited 6% November growth in China’s battery EV market and a 29% year-to-date increase.
17 December 2025
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Westpac (ASX: WBC) Share Price Today: Rate Outlook Shock, NZ Capital Rule Shift, and What Analysts Forecast on 17 December 2025

Westpac (ASX: WBC) Share Price Today: Rate Outlook Shock, NZ Capital Rule Shift, and What Analysts Forecast on 17 December 2025

Westpac shares traded near A$38.42 on Wednesday afternoon, down slightly from Tuesday’s A$38.48 close. The bank withdrew its forecast for RBA rate cuts in 2026, now expecting rates to stay on hold through next year. New Zealand’s central bank confirmed new capital rules affecting Australian-owned banks, including Westpac.
17 December 2025
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ANZ Share Price Today: Key News, Dividend Outlook and Analyst Forecasts for ANZ Group Holdings (ASX: ANZ) on 17 December 2025

ANZ Share Price Today: Key News, Dividend Outlook and Analyst Forecasts for ANZ Group Holdings (ASX: ANZ) on 17 December 2025

ANZ launched Bank@Post with Australia Post on 17 December, adding banking access at over 3,300 Post Offices. ANZ shares traded near A$36.08 late in the day, below the 52-week high of A$38.85. The bank forecasts customers will spend A$5.1 billion during the upcoming holiday period, up 4.7% from last year. Investors remain focused on regulatory changes in New Zealand and ongoing governance issues.
17 December 2025
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Fortescue Ltd (ASX:FMG) Stock: Share Price Jumps as Alta Copper Deal, “Green Iron” Push and 2026 Iron Ore Forecasts Collide (Dec. 17, 2025)

Fortescue Ltd (ASX:FMG) Stock: Share Price Jumps as Alta Copper Deal, “Green Iron” Push and 2026 Iron Ore Forecasts Collide (Dec. 17, 2025)

Fortescue shares closed at A$22.42 on Dec. 17, 2025, near a 52-week high and about 4% below the Dec. 11 peak. The company agreed to buy the remaining 64% of Alta Copper for C$1.40 per share, valuing Alta at about C$139 million. The deal gives Fortescue full control of the Cañariaco Copper Project in Peru. Analysts’ targets suggest market caution on iron ore prices for 2026.
17 December 2025
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Woodside Energy Group Ltd Stock (ASX: WDS, NYSE: WDS): Latest News, Analyst Forecasts and Key Catalysts on Dec. 17, 2025

Woodside Energy Group Ltd Stock (ASX: WDS, NYSE: WDS): Latest News, Analyst Forecasts and Key Catalysts on Dec. 17, 2025

Woodside Energy Group shares fell 2.31% to A$23.44 in Australian trading on Dec. 17, 2025, amid oil price swings and strike risks at Pluto LNG Train 2. Market cap stood at about A$46.67 billion. U.S. ADRs closed at $15.65, down 2.73%. Staff at Bechtel’s Pluto LNG project are set to strike from Jan. 5, 2026.
17 December 2025
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Brambles Limited (ASX: BXB) Stock Update: Buy-Back Progress, New Share Quotations, and the Latest Analyst Forecasts (17 December 2025)

Brambles Limited (ASX: BXB) Stock Update: Buy-Back Progress, New Share Quotations, and the Latest Analyst Forecasts (17 December 2025)

Brambles bought back 301,596 shares on 16 December 2025 for A$6.86 million, averaging A$22.76 per share. The company has repurchased 11,483,588 shares in FY26 to date. Brambles also lodged two small share issuances under employee incentive plans. Shares traded at A$22.78, with a 52-week range of A$18.65 to A$26.93.
17 December 2025
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Commonwealth Bank of Australia (ASX: CBA) stock: share price slips on 17 December 2025 as rate-hike talk returns — forecasts, catalysts and risks

Commonwealth Bank of Australia (ASX: CBA) stock: share price slips on 17 December 2025 as rate-hike talk returns — forecasts, catalysts and risks

Commonwealth Bank of Australia shares fell 1.1% to A$153.42 by 15:15 AEDT Wednesday, tracking a weaker ASX session as investors reacted to a higher inflation forecast in Australia’s MYEFO. The S&P/ASX 200 slipped 0.3% and financials dropped nearly 1%, with CBA down about 20% from its June 2025 high.
17 December 2025
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Park Medi World IPO Listing 17 December 2025: Shares Debut at Discount on BSE, NSE Despite Strong Subscription — Key Numbers, GMP Signals, and Allotment Check Steps

Park Medi World IPO Listing 17 December 2025: Shares Debut at Discount on BSE, NSE Despite Strong Subscription — Key Numbers, GMP Signals, and Allotment Check Steps

Park Medi World shares listed below their ₹162 IPO price on December 17, opening at ₹155.60 on the BSE and ₹158.80 on the NSE despite the offer being oversubscribed eight times. Early trading saw the stock recover above listing price, with market capitalization at debut around ₹6,720 crore. A weak grey market premium and valuation concerns weighed on sentiment.
17 December 2025
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Indian Overseas Bank OFS on Dec 17, 2025: Government Sells Up to 3% Stake at ₹34 Floor Price; Retail Bidding Opens Dec 18

Indian Overseas Bank OFS on Dec 17, 2025: Government Sells Up to 3% Stake at ₹34 Floor Price; Retail Bidding Opens Dec 18

India’s government launched a two-day Offer for Sale in Indian Overseas Bank on Dec. 17, offering up to 3% equity at a floor price of ₹34 per share. IOB shares fell 3–4% intraday as the discounted sale opened for non-retail investors. The government aims to raise up to ₹1,964 crore if the full 3% is sold. The Centre currently holds 94.61% in IOB.
17 December 2025
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Indian Stock Market Today (Dec 17, 2025): Nifty 50 Hovers Near 25,900 as RBI Supports Rupee; Axis Bank, HDFC Bank and Meesho in Focus

Indian Stock Market Today (Dec 17, 2025): Nifty 50 Hovers Near 25,900 as RBI Supports Rupee; Axis Bank, HDFC Bank and Meesho in Focus

The Reserve Bank of India intervened Wednesday after the rupee hit record lows, pushing the currency up 0.7% to about 90.25 per dollar in early trade. The Nifty 50 and Sensex edged up 0.1% after Tuesday’s drop, with Axis Bank shares under pressure and investors cautious amid continued foreign outflows and trade uncertainty.
17 December 2025
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Gold Price Today in India (December 17, 2025): 24K, 22K, 18K Rates in Delhi, Mumbai, Chennai; MCX Near Record as Spot Gold Holds Above $4,300

Gold Price Today in India (December 17, 2025): 24K, 22K, 18K Rates in Delhi, Mumbai, Chennai; MCX Near Record as Spot Gold Holds Above $4,300

Gold steadied above $4,300 an ounce globally on Wednesday, with spot prices near $4,312–$4,322 amid mixed U.S. labor data and a softer dollar. In India, 24K gold rose to about ₹13,451 per gram, rebounding after a prior dip. MCX February futures touched ₹1,35,150 per 10 grams before turning volatile. Silver also surged, adding to precious-metals market swings.
17 December 2025
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Shakti Pumps Share Price Swings After ₹539 Crore Solar Pump Orders; Oswal Pumps and GK Energy Also Win Big MSEDCL Contracts

Shakti Pumps Share Price Swings After ₹539 Crore Solar Pump Orders; Oswal Pumps and GK Energy Also Win Big MSEDCL Contracts

Shakti Pumps (India) surged 45% in four sessions after winning solar irrigation orders worth ₹539 crore across Maharashtra, Madhya Pradesh, and Jharkhand. On December 17, the stock fell about 6% intraday as traders reacted to fresh MSEDCL contract news and a short-term surveillance tag. Oswal Pumps and GK Energy also secured major solar pump contracts, especially in Maharashtra.
17 December 2025
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Stock Market Today

  • Ferrari Shares Dip Below $400: A Buying Opportunity for Long-Term Investors?
    June 6, 2026, 1:50 AM EDT. Ferrari (NYSE: RACE) shares have fallen 33% from their July peak, trading under $400 since November. The luxury automaker's outlook projects 5% annual revenue growth through 2030. Market reactions to Ferrari's first fully electric vehicle, the Luce, with 1,035 horsepower and a starting price of $640,000, have been mixed due to its unconventional design. Despite this, Ferrari maintains strong brand exclusivity and reported a robust 29.7% operating margin in Q1 2026, well above industry norms. The company's deliberate supply control sustains high demand and stability, even in recessions. With a price-to-earnings ratio near a five-year low, Ferrari's stock presents an attractive valuation for long-term investors seeking exposure to luxury automotive growth.

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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