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LSE:J36 22 January 2026

Jardine Matheson share price ticks up on J36 as buybacks, CEO share purchase hit the tape

Jardine Matheson share price ticks up on J36 as buybacks, CEO share purchase hit the tape

Jardine Matheson shares rose 0.9% to $74.69 in Singapore Thursday after the company repurchased 170,300 shares over two days and director Lincoln Pan bought 13,600 shares for $1 million. The group completed its buyout and delisting of Mandarin Oriental, with shareholders receiving £2.05 per share. Voting rights for Allan & Gill Gray Foundation and Orbis fell below 5%. The stock is up 9% year to date.
22 January 2026

Stock Market Today

  • Asian Shares Rise as AI Boosts Tech; Oil Prices Decline Amid Middle East Tensions
    May 27, 2026, 3:27 AM EDT. Asian markets mostly advanced Wednesday, led by a 2% surge in South Korea's Kospi and strong gains in Taiwan driven by heavy buying of technology and chipmaker stocks amid the global AI boom. Tokyo's Nikkei closed flat despite early gains. In the U.S., the S&P 500 reached new record highs, led by Micron Technology's 19.3% jump after UBS raised its price target, underscoring continued semiconductor demand. However, oil prices fell as market hopes for an easing of Middle East conflicts, which have disrupted supplies via the Strait of Hormuz, signaled potential relief for global inflation pressures. Despite cautious optimism on Iran war talks, ongoing fighting maintains some uncertainty for markets.

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S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

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The S&P 500 and Nasdaq closed at record highs Tuesday, with the S&P up 0.61% and the Nasdaq rising 1.19%, while the Dow slipped 0.23%. Micron briefly topped $1 trillion in value after UBS raised its price target. Qualcomm surged nearly 5% on a reported chip deal with ByteDance. Zscaler fell 15% after hours on weak revenue guidance.
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Marvell Technology shares jumped 6.08% to $208.26 on Tuesday before its fiscal Q1 2027 earnings release set for May 27. HSBC, Susquehanna, and Citi all raised their price targets, citing strong demand for Marvell’s AI-related chips and data-center products. Marvell reported $6.10 billion in data-center revenue for fiscal 2026, up from 40% to 74% of total revenue in two years. CEO Matt Murphy will keynote at COMPUTEX next week.
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