DBS stock tops S$58 as Singapore bank rally rolls on; investors eye Feb 9 results

DBS stock tops S$58 as Singapore bank rally rolls on; investors eye Feb 9 results

Singapore, Jan 7, 2026, 14:52 SGT — Regular session DBS Group Holdings Ltd (D05.SI) shares edged higher on Wednesday and briefly touched S$58.80, keeping the stock near the top of its 52-week range. The counter was last up 0.6% at S$58.25 in afternoon trade, after closing at S$57.93 on Tuesday. Investing.com The move matters because Singapore’s banks are heavyweights in local portfolios and a key driver of the benchmark index. Investors have been treating high-dividend names as a way to lock in income as they reassess the outlook for interest rates. Singapore bank stocks have extended a multi-week rally that
4DMedical shares jump on UC San Diego Health CT:VQ rollout as market eyes next catalyst

4DMedical shares jump on UC San Diego Health CT:VQ rollout as market eyes next catalyst

Sydney, Jan 7, 2026, 17:44 AEDT — Market closed Shares of 4DMedical Ltd (ASX:4DX) climbed 11.9% to close at A$4.69 on Wednesday after the firm said UC San Diego Health had adopted its CT:VQ lung imaging software for clinical use. About 12.8 million shares traded, MarketScreener data showed. MarketScreener+1 The contract adds a fourth U.S. academic medical centre — a university-linked teaching hospital — to deploy CT:VQ since the product won U.S. Food and Drug Administration clearance in August, sharpening investor focus on commercial traction. UCSD will use introductory pricing through March 31 before moving to full commercial terms, the
Liontown Limited stock jumps 4.6% as lithium demand outlook firms; Jan 29 report next

Liontown Limited stock jumps 4.6% as lithium demand outlook firms; Jan 29 report next

Sydney, January 7, 2026, 17:58 AEDT — Market closed Liontown Limited (ASX:LTR) shares closed up 4.6% at A$2.03 on Wednesday, up from a previous close of A$1.94. They traded between A$1.92 and A$2.04, leaving the miner near the top of its 52-week range and about A$6 billion in market value. Google The move comes as investors chase lithium miners on signs the market’s long slump is easing. “The data centre building boom in China and globally has also driven growing power storage demand for lithium,” said Jinyi Su, a Wuxi-based analyst at consultancy Fubao. UBS data show lithium demand for
Mineral Resources shares slip from fresh 52-week high as lithium rally keeps investors on edge

Mineral Resources shares slip from fresh 52-week high as lithium rally keeps investors on edge

Sydney, Jan 7, 2026, 17:34 AEDT — After-hours Mineral Resources Ltd shares ended 0.9% lower at A$57.26 on Wednesday after the stock briefly hit a fresh 52-week high of A$57.97, as traders locked in gains following the recent run-up. The stock traded between A$56.02 and A$57.97, leaving it near the top of its A$14.05–A$57.97 52-week range. Investing.com The move matters because Mineral Resources has become a high-beta proxy for the lithium cycle on the Australian market, and the price action now puts more weight on the next set of company numbers. With the share price near a fresh high, investors
DroneShield stock cools after JPMorgan drops below 5% stake — what ASX:DRO investors watch next

DroneShield stock cools after JPMorgan drops below 5% stake — what ASX:DRO investors watch next

Sydney, Jan 7, 2026, 17:33 AEDT — After-hours DroneShield Ltd (ASX:DRO) shares slipped 0.77% on Wednesday to close at A$3.89, after jumping 18.43% a session earlier on a burst of trading. Volume fell to 16.89 million shares from 32.94 million on Tuesday, and the stock traded between A$3.76 and A$3.99. Investing.com Australia The move puts focus back on ownership and execution for the volatile defence-technology name, which has been swinging sharply session-to-session. Investors are watching whether the company can translate rising demand into steadier results, while disclosures on big holders can add to the noise. A filing showed JPMorgan Chase
South32 stock rises on the ASX as copper hits record highs — what investors watch next

South32 stock rises on the ASX as copper hits record highs — what investors watch next

Sydney, Jan 7, 2026, 17:35 AEDT — Market closed Shares of South32 Ltd (S32.AX) ended 1.6% higher at A$3.84 in Sydney, with about A$86.6 million worth changing hands to keep it in the Australian Securities Exchange’s (ASX) top 20 by value traded. BHP Group added 1.0% and Rio Tinto climbed 1.6%. Australian Securities Exchange The rally came as copper prices on the London Metal Exchange punched through $13,000 a metric ton this week on fears of shortages and renewed focus on supply security, Reuters reported. “Copper prices need to rise further to persuade miners to generate significant new production,” SP
ANZ share price slides as sticky core inflation keeps RBA rate path in focus

ANZ share price slides as sticky core inflation keeps RBA rate path in focus

Sydney, Jan 7, 2026, 17:20 AEDT — Market closed ANZ Group Holdings Ltd (ANZ.AX) shares ended down 1.5% at A$35.43 on Wednesday, underperforming a firmer local market. The S&P/ASX 200 closed up 0.28%, while the financials sector fell 0.8%. The bank stock move followed an inflation update that kept the interest-rate outlook front and centre. Data showed consumer prices were flat in November, holding annual inflation at 3.4%, while the “trimmed mean” measure of underlying inflation — which strips out the largest price moves — cooled to 3.2%. Interest-rate futures still imply about a one-in-three chance the Reserve Bank of
Westpac shares slide after CPI surprise in Australia as rate bets stay in focus

Westpac shares slide after CPI surprise in Australia as rate bets stay in focus

Sydney, Jan 7, 2026, 17:22 AEDT — Market closed Westpac Banking Corp (WBC.AX) shares ended down 1.75% at A$37.52 on Wednesday, as investors sold Australia’s big banks late in the session. The stock traded between A$37.52 and A$38.30 and is about 7% below its 52-week high. Intelligent Investor The move followed a softer-than-expected inflation report that pushed interest-rate expectations back into the spotlight — a key driver for bank earnings and loan demand. Data from the Australian Bureau of Statistics showed annual consumer price inflation eased to 3.4% in November from 3.8% in October. Australian Bureau of Statistics Underlying price
PLS Group Limited stock near a 52-week high: what investors are watching next

PLS Group Limited stock near a 52-week high: what investors are watching next

Sydney, January 7, 2026, 16:56 AEDT — Market closed PLS Group Limited stock (ASX:PLS) eased 0.2% to A$4.83 on Wednesday after touching a 52-week high of A$4.89, tracking a stronger run in Australian lithium names such as Liontown and Core Lithium. The stock traded between A$4.68 and A$4.89, and now sits at the top end of its 52-week range of A$1.07 to A$4.89. google.com The move comes as investors recalibrate around a firmer lithium outlook after a long slide driven by oversupply, with energy storage demand emerging as a key swing factor. A calculation based on UBS data showed energy
CSL share price rebounds as inflation cools; ASX:CSL turns to February results and RBA call

CSL share price rebounds as inflation cools; ASX:CSL turns to February results and RBA call

SYDNEY, Jan 7, 2026, 16:56 (AEDT) — After-hours CSL Ltd (CSL.AX) shares closed up 1.0% at A$170.00 on Wednesday. The biotech heavyweight recovered some ground after sliding 2.4% in the prior session as Australian stocks steadied after a softer inflation reading. The stock traded between A$168.65 and A$170.52 and is down about 41% over the past year, hovering near its 52-week low of A$168.00. Investing.com Australia CSL’s move matters for the local market because the company is a major weight in the S&P/ASX 200 and a bellwether for Australia’s health care sector. With the share price pinned near its yearly
Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

SYDNEY, Jan 7, 2026, 16:56 AEDT — Market closed Fortescue Ltd (FMG.AX) shares slipped 0.18% to A$22.80 at the close on Wednesday, after opening at A$23.35 and fading from near a 52-week peak as early buying cooled. StockAnalysis The move matters because Fortescue is one of Australia’s most direct plays on iron ore, the steelmaking ingredient that drives most of its earnings. A fresh push in the commodity has kept the Pilbara miners in focus as investors reset positions after the holiday-thinned start to the year. Rate bets also shifted after Australia’s inflation print came in softer, helping risk appetite
Lynas Rare Earths stock jumps 14.5% as China-Japan export curb puts rare earth supply in focus

Lynas Rare Earths stock jumps 14.5% as China-Japan export curb puts rare earth supply in focus

Sydney, Jan 7, 2026, 16:56 AEDT — Market closed Lynas Rare Earths Limited shares jumped 14.5% on Wednesday to end at A$15.06, after new Chinese export controls on Japan pushed investors toward non-Chinese rare earth suppliers. Australia’s S&P/ASX 200 closed up 0.15%. Investing.com+1 The sharp move shows how quickly geopolitics is back in the driver’s seat for rare-earth stocks. Rare earths are a group of metals used in magnets for electric vehicles, wind turbines and defence equipment, and China dominates global processing. China’s commerce ministry said on Tuesday it was banning exports of “dual-use” items to Japan for military use,

Stock Market Today

South32 share price drops 4% in ASX rout — what investors watch before results

7 February 2026
Sydney, Feb 7, 2026, 17:39 AEDT — Market closed. South32 Ltd shares (S32.AX) closed down 4.1% at A$4.41 on Friday, hit by the same risk-off wave that pushed Australian miners sharply lower. The stock traded between A$4.37 and A$4.51 and was down 19 cents from the prior close of A$4.60. (Intelligent Investor) With markets shut for the weekend, the move leaves South32 on the watchlist going into Monday’s open as investors reassess exposure to metals and mining names. The S&P/ASX 200 ended the week down 1.81%. (Morningstar) The benchmark fell 2% on Friday and almost A$70 billion was wiped off
Wesfarmers share price: what to watch on ASX next week as results loom

Wesfarmers share price: what to watch on ASX next week as results loom

7 February 2026
Wesfarmers shares closed down 1.33% at A$85.04 on Friday, following a sharp drop in the S&P/ASX 200, which fell 2% for its steepest one-day loss in 10 months. Investors are watching for Australia’s household spending data next week and Wesfarmers’ half-year results due Feb. 19.
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