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Stock Market 16 January 2026

Hang Seng slips as tech drags again, while chip and AI names buck the trend in Hong Kong

Hang Seng slips as tech drags again, while chip and AI names buck the trend in Hong Kong

The Hang Seng Index closed down 0.29% in Hong Kong on Friday, pressured by losses in shipping, casino, and healthcare stocks. Ctrip shares plunged 19% the previous day after news of a China antitrust probe, rattling investors. Semiconductor stocks rose, with Hua Hong Semiconductor up 7.39%. Mainland investors sold about HK$600 million in Hong Kong shares via Stock Connect.
16 January 2026
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Shell Plc stock price dips as buyback rolls on and North Sea gas sale unravels

Shell Plc stock price dips as buyback rolls on and North Sea gas sale unravels

Shell shares fell 0.8% to 2,725 pence in early London trading Friday after the company and Exxon scrapped a planned sale of UK gas assets to Viaro Energy. Shell confirmed it will continue to operate the 11 gas fields and Bacton Terminal. The company repurchased over 1.3 million shares on Jan. 15 as part of its ongoing buyback program. Investors await Shell’s Q4 results and dividend announcement on Feb. 5.
16 January 2026
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BAE Systems share price rises after buyback update as U.S. Navy, Marine Corps contracts roll in

BAE Systems share price rises after buyback update as U.S. Navy, Marine Corps contracts roll in

BAE Systems shares rose 1.9% to 2,080 pence in early London trading after announcing new share buybacks. The company disclosed it bought 99,750 shares for cancellation at an average price of 2,042.46 pence. BAE also secured a $62 million U.S. Navy contract and a $184 million U.S. Marine Corps order for 30 Amphibious Combat Vehicles. Investors await full-year results in February.
16 January 2026
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British American Tobacco share price barely budges after buyback update as South Africa plant closure hits focus

British American Tobacco share price barely budges after buyback update as South Africa plant closure hits focus

British American Tobacco shares slipped 0.1% to 4,336.5 pence in early London trading after announcing a new buyback and plans to close its South African cigarette factory by end-2026. The Heidelberg closure threatens about 230 jobs as illicit cigarettes now dominate 75% of the local market. BAT bought 100,090 shares on Jan. 15 for cancellation. Full-year 2025 results are due Feb. 12.
16 January 2026
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NatWest share price in focus: NWG ends higher after buyback update as UK banks ride GDP bounce

NatWest share price in focus: NWG ends higher after buyback update as UK banks ride GDP bounce

NatWest shares rose 1.4% to 639 pence Thursday after the bank announced new share buybacks at an average price of 640.29 pence. The FTSE 100 closed at a record high, led by gains in major UK banks. UK GDP grew 0.3% in November, rebounding from October’s decline. Investors await next week’s labour and inflation data for clues on Bank of England rate cuts.
16 January 2026
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Glencore share price: GLEN.L in focus as China hurdles shadow Rio Tinto deal talk

Glencore share price: GLEN.L in focus as China hurdles shadow Rio Tinto deal talk

Glencore shares opened cautiously after a Reuters report said any Rio Tinto deal may require asset sales to satisfy Chinese regulators, with copper and iron ore flagged as key issues. Glencore closed Thursday at 491.0 pence, up 1.4%. Rio Tinto faces a Feb. 5 deadline to make a firm offer or walk away. Societe Generale disclosed a 1.60% long and 1.16% short position in Glencore as of Jan. 14.
16 January 2026
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Rio Tinto stock price in focus: China approval risk hangs over Glencore talks

Rio Tinto stock price in focus: China approval risk hangs over Glencore talks

Rio Tinto shares closed at 6,468 pence Thursday, up 1.78%, after a volatile session. Analysts warn China may require asset sales for any Rio-Glencore merger, citing concerns over copper market share. Rio announced a two-year copper supply deal with Amazon and signed a new collaboration plan with BHP on Pilbara iron ore. BlackRock disclosed stakes in Rio under UK takeover rules.
16 January 2026
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City Developments (CDL) share price rises as DBS keeps buy call ahead of Newport Residences preview

City Developments (CDL) share price rises as DBS keeps buy call ahead of Newport Residences preview

City Developments shares rose 1.9% to S$9.12 in Friday afternoon trading, outperforming a flat Singapore market. Previews for the 246-unit Newport Residences project begin Friday, with bookings from Jan 31. DBS maintained a “buy” rating and S$11.80 target, citing a valuation discount. CDL flagged profit warnings from First Sponsor Group due to China-related losses and currency swings.
16 January 2026
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Singapore Exchange stock slips as traders eye Feb 5 results, global risk mood

Singapore Exchange stock slips as traders eye Feb 5 results, global risk mood

Shares of Singapore Exchange fell 0.1% to S$17.65 by mid-afternoon Friday, trading in a narrow range ahead of its Feb. 5 half-year results briefing. Broader Asian markets rose on tech gains, but expectations for U.S. rate cuts eased after strong economic data. No new SGX updates were released in the past day. CEO Loh Boon Chye and CFO Daniel Koh will present earnings before the market opens.
16 January 2026
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Seatrium share price slides 3% — why a U.S. Empire Wind ruling matters for SGX:5E2

Seatrium share price slides 3% — why a U.S. Empire Wind ruling matters for SGX:5E2

Seatrium shares fell 3.1% to S$2.22 in Singapore after a U.S. judge allowed Equinor to resume the Empire Wind project, which uses a Seatrium-built vessel. The stock reversed Thursday’s gains as investors tracked U.S. court decisions affecting offshore wind project schedules. Seatrium is set to deliver a $475 million vessel to Maersk for the project by February 2026.
16 January 2026
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Stock Market Today

  • Micron Stock Outlook: Growth Amid Memory Chip Market Cyclicality Through 2029
    May 2, 2026, 9:20 PM EDT. Micron Technology (MU) faces a challenging five-year outlook amid the cyclical memory chip market, where its products are largely commoditized. Despite this, soaring demand for memory chips driven by artificial intelligence (AI) applications is fueling a significant supply crunch. Micron estimates that the high-bandwidth memory segment, critical for data centers, could expand its market from $35 billion to $100 billion by 2028. The company currently satisfies only half to two-thirds of this demand, pushing prices and revenues sharply higher. Recent quarters have shown explosive revenue growth, with expectations of $169 billion in revenue by fiscal 2027. While the cyclical nature of the market poses risks, the existing supply constraints and sustained demand growth suggest Micron may remain a dominant player over the medium term.

Latest article

Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

3 May 2026
Vertiv shares hit a 52-week high Friday before closing at $328.31, following a 30% jump in Q1 net sales to $2.65 billion. The company raised its 2026 outlook and recently acquired Strategic Thermal Labs, expanding its liquid cooling portfolio. Investors await further details at Vertiv’s May 19-20 conference in South Carolina.
AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

3 May 2026
AT&T closed a $6 billion sale of long-dated notes on April 30, with maturities ranging from 2033 to 2066, according to an SEC filing. The company reported first-quarter free cash flow of $2.5 billion, down from $3.1 billion a year earlier, citing higher capital investment. AT&T is preparing to close a $23 billion purchase of EchoStar spectrum licenses. CFO Pascal Desroches said net debt to adjusted EBITDA rose to 2.71 times.
JPMorgan Chase’s New Filing Shows the $31.4 Billion Number Investors Are Watching

JPMorgan Chase’s New Filing Shows the $31.4 Billion Number Investors Are Watching

3 May 2026
JPMorgan Chase reported first-quarter net income of $16.5 billion, up 13% from a year earlier, with revenue rising 10% to $49.8 billion. The bank’s SEC filing showed a $31.4 billion credit-loss allowance and noninterest expense up 14% to $26.9 billion. Nonperforming assets rose 10% to $10 billion. Shares closed Friday at $312.47, valuing the bank at about $864.8 billion.
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