Key Indices
Top Stories
Sector Update | Banking
- We expect 3Q26 to be characterised by stabilisation of NIM and resilient loan growth, which enable banks to record growth in net interest income. Growth from wealth management has moderated but maintains its uptrend. Asset quality remains stable and credit costs are expected at the lower end of guidance. Upgrade to OVERWEIGHT.
Market Spotlight
- US stocks were lower on Wednesday. All indices fell as the information technology, communication services and consumer discretionary sectors slid. There were more decliners than advancers on NASDAQ and NYSE.
- The FSSTI fell 7.17 points to 5,423.33, on the back of weakness in DBS and Singtel, with both mid- and small-cap indices falling with a broad market decline on a S$1.86b turnover.
Technical Analysis
Singapore Exchange (SGX SP)
- Trading Sell Range: S$20.95-20.96
SIA Engineering (SIE SP)
- Trading Sell Range: S$2.99-3.00
Top Stories
Sector Update | Banking
- We expect 3Q26 to be characterised by stabilisation of NIM and resilient loan growth, which enable banks to record growth in net interest income. Growth from wealth management has moderated but maintains its uptrend. Asset quality remains stable and credit costs are expected at the lower end of guidance. Upgrade to OVERWEIGHT.
Market Spotlight
- US stocks were lower on Wednesday. All indices fell as the information technology, communication services and consumer discretionary sectors slid. There were more decliners than advancers on NASDAQ and NYSE.
- The FSSTI fell 7.17 points to 5,423.33, on the back of weakness in DBS and Singtel, with both mid- and small-cap indices falling with a broad market decline on a S$1.86b turnover.
Technical Analysis
Singapore Exchange (SGX SP)
- Trading Sell Range: S$20.95-20.96
SIA Engineering (SIE SP)
- Trading Sell Range: S$2.99-3.00
Key Indices
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