Today: 28 May 2026

GSK share price slips into the weekend as investors brace for Feb. 4 results

GSK share price slips into the weekend as investors brace for Feb. 4 results

GSK shares fell 1.7% to 1,816.5 pence in London Friday, with trading volume above recent averages. Senior executives disclosed routine share purchases via dividend reinvestment. Investors now await GSK’s fourth-quarter results on Feb. 4 and the upcoming dividend timetable. Debate continues over U.S. fast-track drug approvals, with GSK linked to the FDA’s voucher program.
SGX share price near 52-week high: Singapore Exchange stock in focus as “Value Unlock” rolls out

SGX share price near 52-week high: Singapore Exchange stock in focus as “Value Unlock” rolls out

Singapore Exchange shares closed at S$17.70 on Friday, up 0.17%, with 1.28 million shares traded. Applications opened Jan. 16 for the new S$30 million “Value Unlock” grant programme targeting listed companies. Institutional investors bought S$208 million in Singapore stocks over five sessions ending Jan. 15, with SGX among the top inflows. The exchange’s dual listing scheme with Nasdaq is set to launch by mid-2026.
UOL share price in focus: SGX’s U14 closes at S$10.07 as Hougang Central deal stays in play

UOL share price in focus: SGX’s U14 closes at S$10.07 as Hougang Central deal stays in play

UOL Group shares closed at S$10.07 on Friday, up 1%, after a consortium including UOL and CapitaLand Integrated Commercial Trust won the Hougang Central mixed-use site for about S$1.5 billion. CICT will own the commercial portion, while UOL and CapitaLand Development will jointly develop and sell the residential units. The commercial space is expected to complete by 2030/2031.
18 January 2026
City Developments stock jumps in Singapore as Newport Residences preview begins — what investors watch next

City Developments stock jumps in Singapore as Newport Residences preview begins — what investors watch next

City Developments Ltd shares rose 2.3% to S$9.16 Friday, leading the Straits Times Index, which gained 0.3% for the day and 2.1% for the week. CDL traded 4.06 million shares, double the previous day’s volume, as previews began for its Newport Residences project. Sales bookings open Jan. 31. The company will release 2025 earnings on Feb. 27.
18 January 2026
ST Engineering stock price hits record high — what investors watch next on SGX

ST Engineering stock price hits record high — what investors watch next on SGX

ST Engineering shares closed at a record S$9.60 on Friday, up 0.73% for the day and 103% over the past year. DBS Group Research raised its target price to S$10.20, citing predictable earnings and strong demand in defence and aviation. The company’s next earnings report is set for Feb. 26, 2026. Investors are watching for new contract announcements and 2026 guidance.
Seatrium share price in focus after U.S. court revives Empire Wind; Feb 28 delivery watched

Seatrium share price in focus after U.S. court revives Empire Wind; Feb 28 delivery watched

Seatrium shares fell 2.2% to S$2.24 Friday in Singapore, with 21.3 million shares traded. A U.S. judge granted Equinor a preliminary injunction, allowing work to resume on New York’s Empire Wind project, for which Seatrium is set to deliver a wind vessel by Feb. 28. Maersk will pay the remaining US$360 million owed for the vessel, partly through a 10-year credit line. Legal uncertainty over the project continues.

Stock Market Today

  • S&P/TSX Composite Rises; U.S. Markets Mixed in Late-Morning Trading
    May 28, 2026, 12:23 PM EDT. The S&P/TSX composite index climbed 29.12 points to 34,441.17, driven by strength in technology and base metals sectors. In the U.S., the Dow Jones Industrial Average slipped 25.01 points to 50,619.27, while the S&P 500 advanced 35.78 points to 7,556.14 and the Nasdaq composite rose 167.74 points to 26,842.47. The Canadian dollar strengthened slightly, trading at 72.44 cents US. Commodity prices also saw gains, with July crude oil up $1.01 to $89.69 per barrel and August gold rising $21.50 to $4,503.00 an ounce. The mixed U.S. equity performance contrasts with Canadian market gains amidst sector-specific momentum.

Latest articles

CIBC Shares Drop Even With Profit Beat and Caribbean Sale

CIBC Shares Drop Even With Profit Beat and Caribbean Sale

28 May 2026
CIBC shares fell 5.5% to C$150.72 Thursday after the bank announced it will sell most of its Caribbean unit for about US$1.6 billion, despite beating quarterly profit forecasts. Adjusted net income rose 23% to C$2.47 billion, with strong capital markets results. The S&P/TSX financials sector dropped 0.88% as investors looked past earnings beats from CIBC, RBC, and TD.
Arm Shares Surge as Nvidia Vera CPU Shifts AI Market Toward Arm

Arm Shares Surge as Nvidia Vera CPU Shifts AI Market Toward Arm

28 May 2026
Arm Holdings shares jumped 12.7% to $341.28 in New York Thursday after upbeat analyst notes tied the company more closely to Nvidia’s AI CPU efforts. Arm posted record fiscal 2026 revenue of $4.92 billion and reported AGI CPU demand for 2027–2028 now exceeds $2 billion. Mizuho raised its price target to $360, citing Arm’s expanding CPU lineup. Early Vera CPU benchmarks show Nvidia challenging Intel and AMD in data centers.
Oracle’s Big Data Center Push in Focus After Latest Moves

Oracle’s Big Data Center Push in Focus After Latest Moves

28 May 2026
Oracle shares rose 6.2% Thursday, reaching $204.16 before retreating to $202.78, with market value near $590.7 billion. The company reported fiscal Q3 revenue up 22% to $17.2 billion, but only 12% of its $552.6 billion backlog is set to be recognized in the next year. Oracle faces scrutiny over high AI data-center costs and $130.9 billion in long-term debt.
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