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Stock Market News 8 January 2026

Yangzijiang Shipbuilding (SGX:BS6) stock slips near 52-week high as traders eye March results

Yangzijiang Shipbuilding (SGX:BS6) stock slips near 52-week high as traders eye March results

Yangzijiang Shipbuilding shares fell 0.8% to S$3.61 in Singapore after touching a 52-week high. Phillip Securities Research called the stock a “technical buy” with S$3.48 as a stop-loss level. The company recently reported a 36.7% jump in half-year net profit and announced new contracts worth US$0.92 billion, but also terminated four tanker deals over sanctions concerns.
8 January 2026
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City Developments stock climbs after JPMorgan lifts target, flags “strategic review”

City Developments stock climbs after JPMorgan lifts target, flags “strategic review”

City Developments shares climbed 1.7% to S$8.89 in afternoon trade Thursday, near a 52-week high, after JPMorgan raised its target price to S$10.75 and projected higher dividends. The stock led gainers on the Straits Times Index Wednesday, rising 4.2%. JPMorgan cited asset sales and a possible strategic review but warned of risks from inflation and residential sales.
8 January 2026
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Singtel stock rebounds in Singapore trade after sharp drop; Optus shake-up in focus

Singtel stock rebounds in Singapore trade after sharp drop; Optus shake-up in focus

Singtel shares rose 0.9% to S$4.43 in afternoon trade Thursday, recovering some of Wednesday’s 3.3% drop. Investors tracked developments at Australian unit Optus, where CTO Tony Baird will depart after a transition period. About 17 million Singtel shares changed hands as traders watched if the price would hold above S$4.40. No major new company disclosures have been issued since Jan. 2.
8 January 2026
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ASX Limited (ASX:ASX) shares jump 2% on Goldman upgrade as December activity stays firm

ASX Limited (ASX:ASX) shares jump 2% on Goldman upgrade as December activity stays firm

ASX Ltd shares rose 2% to A$52.14 after Goldman Sachs upgraded the stock to neutral, citing improved trading activity and a positive December report. ASX’s average daily cash-market trades jumped 50% year-on-year and value traded rose 23% to A$6.5 billion. Regulatory pressure continues, with ASIC requiring a A$150 million capital buffer by June 2027. Half-year results are due February 12.
8 January 2026
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Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Indian shares fell for a fourth day Thursday, with the Nifty 50 down 0.18% at 26,093.35 and the Sensex off 0.13% by 9:55 a.m., as tariff concerns and foreign outflows persisted. Foreign investors sold $170 million in shares Wednesday, bringing January’s outflows to $694 million. Metals and IT stocks led sector declines. The rupee rose to 89.87 per dollar, reportedly after RBI intervention.
8 January 2026
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DroneShield Limited stock slips as JPMorgan drops off the 5% holder list — what investors watch next

DroneShield Limited stock slips as JPMorgan drops off the 5% holder list — what investors watch next

DroneShield Ltd shares fell 1.0% to A$3.85 after a filing showed JPMorgan Chase & Co. and affiliates dropped below the 5% substantial holder threshold. About 21 million shares changed hands. The company recently promoted Louis Gamarra to chief commercial officer and last month announced an $8.2 million contract to supply counter-drone systems to a western military customer.
8 January 2026
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Taiwan Taiex cracks 30,000 — but a lawmaker says TSMC is warping the market

Taiwan Taiex cracks 30,000 — but a lawmaker says TSMC is warping the market

Margin debt on Taiwan’s stock market reached NT$351 billion, the highest since June 2008, as the Taiex surged past 30,000 points driven by TSMC’s gains. Lawmaker Lin Te-fu warned the index is distorted, with TSMC now over 40% of market value. On Monday, TSMC rose 5.36% to a record NT$1,670, while 749 main-board stocks fell. Trading turnover hit NT$765.8 billion, with foreign investors net sellers.
8 January 2026
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IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

IDFC First Bank shares rose nearly 2% after the lender cut savings account interest rates by up to 200 basis points, effective Jan. 9. Nomura initiated coverage with a Buy rating and a 105-rupee target, citing expected margin recovery as deposit costs ease. The revised top savings rate drops to 6.5% from 7%. Nomura warned that profitability targets depend on deposit retention and stable credit costs.
8 January 2026
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ANZ stock edges up as RBA warns inflation still “too high”; Feb rate call back in focus

ANZ stock edges up as RBA warns inflation still “too high”; Feb rate call back in focus

ANZ shares closed up 0.7% at A$35.68 after two days of losses, with about 4.1 million shares traded. RBA Deputy Governor Andrew Hauser said inflation above 3% remains “too high,” despite a softer November reading. Traders await quarterly CPI data on Jan. 28 and the RBA’s rate decision on Feb. 3. The S&P/ASX 200 ended 0.3% higher at 8,720.
8 January 2026
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CBA shares stop falling — but the next CPI print could jolt Commonwealth Bank stock

CBA shares stop falling — but the next CPI print could jolt Commonwealth Bank stock

Commonwealth Bank of Australia closed up 0.03% at A$153.27 Thursday, trading about 1.0 million shares after a sharp fall the previous session. RBA Deputy Governor Andrew Hauser said inflation remains too high, keeping rate hike risks in play. Interest-rate swaps imply a 35% chance of a February hike. CBA will report half-year results and announce an interim dividend on Feb. 11.
8 January 2026
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Stock Market Today

AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

7 February 2026
New York, Feb 7, 2026, 11:29 ET — Market closed. AbbVie shares closed up 2% on Friday at $223.43, extending a second straight session of gains as U.S. stocks rallied. The stock is still roughly 9% below its 52-week high, and trading volume ran a bit under its recent average. (MarketWatch) The bounce comes as investors work through AbbVie’s post-earnings reset and what it means for 2026. The drugmaker said fourth-quarter net revenues rose 10% to $16.618 billion and adjusted profit per share—excluding certain items—was $2.71; it forecast 2026 adjusted earnings of $14.37 to $14.57 a share. Chief Executive Robert
SK hynix stock price slips into Monday after S&P upgrade, tech selloff

SK hynix stock price slips into Monday after S&P upgrade, tech selloff

7 February 2026
SK hynix shares closed at 839,000 won, down 0.36% Friday and 8% for the week, as tech stocks retreated across Asia. S&P Global Ratings upgraded the chipmaker to “BBB+” with a positive outlook, citing strong HBM sales. The KOSPI fell 1.4% Friday, ending a six-week winning streak. Traders await Monday’s Seoul open for signs of further tech weakness.
Bank of America stock jumps 3% into the weekend — what to watch before Monday’s trade

Bank of America stock jumps 3% into the weekend — what to watch before Monday’s trade

7 February 2026
Bank of America shares rose 2.89% Friday to $56.53, tracking a rally in U.S. financial stocks as the Dow closed above 50,000. The bank will redeem its Series DD preferred stock and related depositary shares on March 10 at $1,000 per share. CEO Brian Moynihan donated 100,000 shares on Feb. 4, a regulatory filing showed. Key U.S. jobs and inflation data are due next week after delays.
Oracle stock rebounds from eight-day skid as $20 billion share-sale plan looms

Oracle stock rebounds from eight-day skid as $20 billion share-sale plan looms

7 February 2026
Oracle shares jumped 4.65% to $142.82 Friday, ending an eight-day slide but remaining down 22% since Jan. 27. The company has set up a $20 billion at-the-market stock program and completed a $25 billion senior notes sale to fund cloud expansion. Oracle’s liabilities stood at $174.5 billion as of Nov. 30, 2025, before the new financing. Investors remain focused on dilution risks and the pace of capacity growth.
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