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Stock Market News 7 January 2026

Yangzijiang Shipbuilding stock touches 52-week high on SGX — what investors watch next

Yangzijiang Shipbuilding stock touches 52-week high on SGX — what investors watch next

SINGAPORE, Jan 7, 2026, 14:58 SGT — Regular session Yangzijiang Shipbuilding (Holdings) Ltd shares rose 1.7% on Wednesday, briefly matching a 52-week high as the Singapore market stayed firm. The stock was up S$0.06 at S$3.62 by 2:40 p.m. SGT, after gaining 2.6% on Tuesday. It traded between S$3.57 and S$3.68, the top of its 52-week range. The move extends…
7 January 2026
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Singtel stock slides as 50Gbps fibre trial spotlights spend-and-growth questions

Singtel stock slides as 50Gbps fibre trial spotlights spend-and-growth questions

Singapore, January 7, 2026, 15:09 SGT — Regular session Shares of Singapore Telecommunications Ltd (Singtel) fell about 2.4% to S$4.43 in afternoon trade on Wednesday, as the operator pressed ahead with a 50Gbps fibre broadband trial it announced earlier this week. The stock traded between S$4.42 and S$4.56 on the day and is set to report earnings on Feb. 18.…
7 January 2026
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Cipla share price slides after USFDA flags Pharmathen: what the Form 483 says

Cipla share price slides after USFDA flags Pharmathen: what the Form 483 says

Mumbai, Jan 7, 2026, 12:33 IST Shares of Cipla were down 4.6% at 1,460.2 rupees by midday on Wednesday after the U.S. Food and Drug Administration published inspection observations for Pharmathen International S.A., a contract manufacturer linked to the Indian drugmaker’s U.S. supply chain. The Economic Times The disclosure matters because Pharmathen is a key manufacturing partner for Cipla’s lanreotide…
7 January 2026
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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 The move matters because Singapore’s banks are heavyweights in…
7 January 2026
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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 The move matters…
7 January 2026
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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…
7 January 2026
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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…
7 January 2026
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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…
7 January 2026
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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…
7 January 2026
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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…
7 January 2026
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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…
7 January 2026
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Stock Market Today

  • US Stock Futures Drop on Gold, Silver Slumps Ahead of Trump's Fed Pick and Jobs Data
    February 2, 2026, 5:09 AM EST. US stock futures fell early Monday, with Nasdaq 100 down 1%, S&P 500 futures off 0.8%, and Dow futures sliding 0.6%, following a sharp sell-off in gold and silver. Precious metals experienced extreme volatility, with gold briefly down 10% and silver plunging over 15%. Bitcoin dipped below $80,000, trading near $77,000. The market faces uncertainty after President Trump nominated Kevin Warsh to lead the Federal Reserve, sparking speculation on future interest rate cuts. Tech shares remain under pressure amid concerns over Nvidia and AI sector earnings. Over 100 S&P 500 companies, including Amazon, Alphabet, and Disney, are set to report this week. The key January jobs report is due Friday, with expectations of 65,000 new jobs and steady 4.4% unemployment.
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