JPMorgan Lifts Singapore Stocks Forecast on Economic Strength
August 12, 2026, 4:57 AM EDT. JPMorgan Chase increased its 12-month projection for Singapore shares, estimating the Straits Times Index (STI) may hit 7,000, or a 22% increase. The bank points to strong economic momentum, AI-powered growth in trade and manufacturing, and a firm Singapore dollar as drivers, with the STI climbing more than 23% in 2026. JPMorgan highlights a goldilocks economic environment, attractive yields, and a steady currency among the main reasons for continued earnings growth and rising investor interest.
JPMorgan boosts Singapore stocks target as economic growth holds
Unicorn AIM VCT PLC Raises £30.6M with 4.74M New Ordinary Shares
August 12, 2026, 4:56 AM EDT. Unicorn AIM VCT PLC has issued 4,743,677 new Ordinary Shares, with prices ranging from 78.80p to 84.52p on 12 August 2026, bringing in £30.6 million before expenses. The shares will be included on the Official List and begin trading on the London Stock Exchange main market, with dealings expected to commence around 13 August 2026. Following this issue, the Company’s total number of Ordinary Shares stands at 260,394,439.
Cevian Capital II GP Limited Raises Stake in Smith & Nephew Plc Above 14% Threshold
August 12, 2026, 4:55 AM EDT. Cevian Capital II GP Limited, through Aurora Nominees Limited, surpassed the 14.2144% voting rights threshold in Smith & Nephew Plc on 07-Aug-2026, up from 14.0107%. The company now holds a total of 11,917,941 shares, as stated in a notice received on 11-Aug-2026. The holdings consist predominantly of direct voting rights and do not include financial instruments.
Kontoor Brands (KTB) Shares Slide, Remain Below Fair Value Before Q2 Earnings
August 12, 2026, 4:54 AM EDT. Shares of Kontoor Brands (KTB) fell 2.86% to $74.96 in a single session and are down 10.13% over the past week, yet show a 14.92% return over 90 days and a one-year total return of 9.64%. Trading under its estimated fair value of $92.67, Kontoor faces challenges from cost and tariff headwinds, but is seeing increased demand for Wrangler and Lee casual wear, which may fuel margin improvement and revenue gains ahead of Q2 earnings.
Is Kontoor Brands (KTB) A Bargain As Investors Await Q2 Earnings?
Plug Power (PLUG) Ends 5.21% Higher After Retreating From Earnings Rally
August 12, 2026, 4:53 AM EDT. Plug Power NASDAQ:PLUG finished August 11 trading with a 5.21% gain at $2.22, after surrendering roughly 74% of its earlier post-earnings spike. The company posted a 2.5% increase in Q2 revenue to $178.3 million, alongside a marked improvement in gross margin to -0.9%. Operating expenses were cut by 49.4%, while adjusted loss per share narrowed by $0.11. Management lifted the 2026 revenue growth outlook to 15-16% and aims for positive EBITDAS by Q4 2026, even as cash declined by 56% and share dilution occurred.
Plug Power (PLUG) ends up 5%, erasing most of earnings day gain
3 Reasons to Steer Clear of TLYS and a Better Buy Alternative
August 12, 2026, 4:52 AM EDT. Tilly’s (TLYS) shares jumped 197% to $4.22 over six months, but warning signs remain: same-store sales growth of 1.1% trails its rivals, an average operating margin stands at -3.9%, and debt totals $225 million, equating to a net-debt-to-EBITDA ratio of 28×. With a high 43.4× forward EV-to-EBITDA valuation, Tilly’s stock could present added risk to portfolios despite recent advances.
3 Reasons to Avoid TLYS and 1 Stock to Buy Instead
Drone Strike Hits Libyan Zawiya Oil Terminal's Power Plant
August 12, 2026, 4:51 AM EDT. A drone strike hit a power plant at the Zawiya oil export terminal in Libya, close to the nation’s largest refinery, putting refinery operations at risk and deepening local fuel shortages. This is the fourth drone strike within days, after a prior explosion and a naphtha tank leak. The Zawiya terminal handles 120,000 barrels daily from Sharara field, which has output up to 300,000 barrels daily. The National Oil Corporation warns further attacks could prompt a force majeure declaration.
Drone Attack Hits Power Plant at Key Libyan Oil Hub
Septerna Jumps 23% as SEP-479 Data Tops Expectations
August 12, 2026, 4:50 AM EDT. Septerna (SEPN) rose 22.9% to $47.76 on August 11 after new pharmacokinetics data showed its oral treatment SEP-479 achieves a 3-4 day half-life, backing once-daily dosing. Shares closed above the $46.78 average analyst target. Second quarter revenue totaled $26.7 million from research partnerships, with net loss narrowing by 47.5%. With $516.5 million in cash, the company projects it can fund spending for 12 quarters, through 2029.
Septerna Shares (SEPN) Surge 23% Following Positive SEP-479 Signal, Exceeding Analyst Predictions
Sensex Sheds More Than 650 Points, Nifty Drops Under 24,300 as Crude Gains; Resignation of Tata Group CEO Weighs on Tata Shares
August 12, 2026, 4:49 AM EDT. The Sensex lost 656 points (0.84%) to reach 77,497.93, while the Nifty50 declined 206 points (0.84%) to 24,265.95. The downward movement comes amid a surge in crude oil prices and was intensified after Tata Group CEO Chandrasekaran’s resignation, which pulled Tata shares lower.
The Office UK Actor Lucy Davis Shares Stage 4 Breast Cancer News
August 12, 2026, 4:48 AM EDT. Lucy Davis, recognised for her performance in The Office UK, has shared her stage 4 breast cancer diagnosis, stating the disease has metastasised to her spine, hip, and ribs, with chemotherapy not being an option at this time. Davis urges early detection and intends to pursue acting, approaching her condition with dark humour and determination. Her credits include Shaun of the Dead and Wonder Woman.
Office UK Star Shares Incurable Cancer Diagnosis
Dollar Rises as Iran Concerns and U.S. Inflation Data Attract Attention
August 12, 2026, 4:36 AM EDT. The U.S. dollar climbed on unease over fresh Gulf tensions and worries about a potential energy disruption, with investors focusing on upcoming U.S. inflation data for clues on Federal Reserve direction. Although U.S. jobs figures came in soft, markets continue to anticipate possible inflation-driven Fed moves. The dollar index added 0.05% at 99.85, while the yen weakened as traders eyed potential rate divergence and intervention impact.
Dollar ticks up on Iran tensions, with US data in focus
India Lags Global Markets to Worst Level in 17 Years, Atul Suri Says
August 12, 2026, 4:35 AM EDT. India’s stock market has posted its steepest underperformance against global peers in 17 years, according to Marathon Trends PMS CEO Atul Suri. He calls this period a time correction as opposed to a decline in prices, with the Nifty 50 to MSCI ACWI ratio at its lowest point in nearly 20 years. Previous cycles of such underperformance have historically led to robust rallies. Suri also points to the onset of a commodity supercycle, fuelled by sectors such as energy, metals, and agriculture.
India hasn't lagged global markets this much in 17 years: What Atul Suri expects next
Futures Mostly Flat as Investors Await Inflation Data
August 12, 2026, 4:34 AM EDT.Stock futures were little changed on Wednesday, with investors looking ahead to the consumer inflation report for further clues on the Federal Reserve’s policy outlook. Dow (INDU) futures edged down 0.01%, while S&P 500 futures traded unchanged. Market focus remains on WYNN, BKR, A, TXT, COHR, SMCI, IVZ, VRSK, and LITE.
Stock futures little changed as traders await inflation report
Balfour Beatty Lifts Annual Outlook as Shares Hit New High
August 12, 2026, 4:33 AM EDT. Balfour Beatty raised its full-year operating profit forecast on robust infrastructure demand in the US and UK, sending shares to a record high as investors responded positively to the company’s outlook.
UK's Balfour Beatty raises annual profit forecast, shares jump to record high
Stock Jumps Following Situational Awareness Filing as Outlook Stays Unclear
August 12, 2026, 4:32 AM EDT. Shares rose on Wednesday after Financial market disclosures from Situational Awareness, a hedge fund with a history of rapid portfolio growth that was forced to liquidate its stocks. While the stock climbed, its current fate remains unclear, signaling persistent uncertainty in the market.
A stock just surged on news Situational Awareness had bought it. But its current fate is unclear.
Cordel Group PLC Shares Begin Trading on AIM at London Stock Exchange
August 12, 2026, 4:20 AM EDT. The London Stock Exchange began trading 13,276,111 ordinary shares of Cordel Group PLC on AIM on 12 August 2026. These ordinary shares have a nominal value of 1p each, are fully paid, and carry ISIN GB00BYZQM590. Market Operations can provide additional information at 020 7797 4310. The announcement is released by RNS, a Primary Information Provider authorised by the FCA.
European Shares Flat as Investors Await U.S. Inflation Figures
August 12, 2026, 4:19 AM EDT. European stocks remained largely unchanged on Wednesday as market participants assessed corporate earnings and persistent geopolitical risks while waiting for key U.S. inflation data to be published.
European stocks tread water ahead of US inflation data
TSMC July Revenue Hits Record, Up 45%, Shares Remain 13% off High
August 12, 2026, 4:18 AM EDT. TSMC (Taiwan Semiconductor) recorded its highest-ever July revenue at NT$467.58 billion, representing a 44.7% increase from a year earlier and a 5.6% rise over June. Cumulative revenue is up 37% from last year, seven months into 2026. Shares finished the session at $418.47, roughly 13% below the 52-week peak of $479, with the firm’s valuation close to $1.9 trillion. TSMC projects more than 40% revenue growth for 2026 and has lifted its capital expenditure target to $60-64 billion.
Taiwan Semiconductor's July Revenue Rose 45% and the Stock Sits 13% Below Its High
Legal & General Slides on Broker Downgrades After Share Surge; James Hardie Flagged for Cash Flow Value
August 12, 2026, 4:17 AM EDT.Legal & General LSE:LGEN jumped 22% to 300p, even as Citigroup, Goldman Sachs and UBS cut the stock to Sell on concerns around pension buyouts and profits, with price targets set between 245p and 280p. In Australia, James Hardie Industries ASX:JHX is identified as one of three local companies trading below cash flow value, holding an A$25.1b market cap and forecast earnings growth of 32.3%, notwithstanding debt and margin challenges.
Stock Market Today: Live Updates 12.08.2026
Citigroup Securities Join LSE International Securities Market
August 12, 2026, 4:04 AM EDT. Multiple securities from Citigroup Global Markets Funding Luxembourg S.C.A. began trading on the London Stock Exchange’s International Securities Market from 12 August 2026. The lineup covers several Autocall Notes and Certificates denominated in USD, SGD, and HKD, referencing baskets of shares and indices, and featuring maturities between 2027 and 2028. These products offer Fixed Coupon, Autocall, Snowballing, and Non-Capital Protected structures.
REG – Stock Exch Notice – Admission to ISM
London Stock Exchange Lists New Securities on 12 August 2026
August 12, 2026, 4:03 AM EDT. The London Stock Exchange added multiple new securities to its market on 12 August 2026, featuring 21SHARES Bitcoin ETPs (CBTC, ABTC), Acceler8 Ventures PLC ordinary shares (4,469,225 units), the Amundi Physical Gold ETC, Bitwise Core Bitcoin ETP, a GBP350M floating rate note from Commonwealth Bank of Australia, and a selection of International Finance Corporation notes denominated in COP and BRL. Newly admitted ETCs included several physical gold and silver securities from Invesco and iShares.
REG – Stock Exch Notice – Admission to Trading
Legal & General downgraded to Sell by three City brokers, price targets set at 245p-280p
August 12, 2026, 4:02 AM EDT. Legal & General LSE:LGEN shares climbed 22% from 245p to 300p, yet Citigroup, Goldman Sachs, and UBS each labelled the stock as Sell in August, assigning price targets in the 245p to 280p range. The downgrades cite worries over weaker pension buyout demand, lower Contractual Service Margin releases, Institutional Retirement earnings, and dividend stability. While the company offers a 7% yield and prospects for AI-driven efficiencies, the three downgrades underscore increasing concerns.
3 City brokers just said it’s time to sell Legal & General shares
James Hardie Industries Stands Out as 1 of 3 Australian Stocks Valued Below Cash Flow
August 12, 2026, 4:01 AM EDT. Higher yields in the US and UK draw attention to robust cash generation, while increased discount rates boost future cash flow values. This report examines three Australian stocks trading beneath their cash flow valuations, highlighting James Hardie Industries ASX:JHX, a global leader in building materials, with a A$25.1b market capitalisation and projected 32.3% earnings growth. While the company has encountered recent margin challenges and elevated debt, its cash flow suggests a valuation greater than its current share price, which may appeal to investors focused on cash flow.
