Last Week's Recap
1. U.S. Stock Market Faces Volatility Amid Mixed Sector Performance and Trading Halts
The $NASDAQ(.IXIC)$ and $S&P 500(.SPX)$ finished fractionally higher while the $Dow Jones(.DJI)$ ended slightly down. The latter two indexes remained about 1% below their record levels set on December 11.
Jobs weakness:A delayed U.S. labor market report delivered mixed monthly results on jobs growth and the highest unemployment rate since 2021.
Precious metals shine: $Silver - main 2603(SImain)$ surpassing $67 per ounce for the first time ever and $Gold - main 2602(GCmain)$ eclipsing a record set two months earlier. Silver was up more than 130% year to date based on Friday’s prices, and gold was up 64%.
Monetary moves: Japan’s central bank responded to inflationary pressures by raising its benchmark interest rate to the highest level in three decades while the European Central Bank kept its key rate unchanged.
Earnings outlook: earnings for companies in the S&P 500 are projected to post double-digit growth for the second year in a row.
Buyback comeback: share repurchases by companies in the S&P 500 totaled $249 billion in the July to September period, up more than 6% from the second quarter.
Read more>>https://ttm.financial/news/2593144862
2. The US Sectors & Stocks - Basic Materials & Semi_stocks Lead
Sectors: Basic Materials lead sectors gains at +0.86%, then Consumer cyclical gained 0.82%, the technology sector experienced a notable rebound including semiconductor stocks $NVIDIA(NVDA)$ and $Micron Technology(MU)$ saw significant gains, driven by strong earnings reports and positive market sentiment.
$Tesla Motors(TSLA)$ experienced a 4.85% increase, driven by the company's announcement of fully autonomous Robotaxi testing in Austin, Texas. Despite regulatory challenges in California, Tesla's advancements in autonomous driving technology continue to bolster investor confidence.
$Micron Technology(MU)$ surged by 10.28%, following a strong earnings report that exceeded market expectations. The company reported Q1 revenue of $13.643 billion and adjusted EPS of $4.78, driven by robust demand in the AI sector.
$SanDisk Corp.(SNDK)$ experienced a significant increase of 15.24% for the week, driven by strong market performance and positive earnings reports from the semiconductor sector.
$Trump Media & Technology(DJT)$ saw a rose of 51.08% for the week, driven by the announcement of a merger with TAE Technologies and plans to build a utility-scale fusion power plant.
$Rivian Automotive, Inc.(RIVN)$ saw a substantial increase of 21.88% for the week, driven by positive analyst sentiment and strong market performance in the electric vehicle sector.
$Lamb Weston Holdings, Inc.(LW)$ faced a significant decline of 26.4%, despite reporting strong Q2 financial results. The company's stock was impacted by broader market trends and investor sentiment.
$Alphabet(GOOGL)$ declined of 0.67% weekly, Wedbush raising its price target to $350.00 per share. Additionally, Alphabet's Waymo, is in talks to raise over $150 billion, highlighting its strategic growth in the autonomous vehicle market.
3. Hong Kong Market - HSI saw a 1.1% decline
$HSI(HSI)$ : The Hang Seng Index experienced a 1.1% decline and closing at 25,690.53. The Hang Seng Tech Index $HSTECH(HSTECH)$ saw a 2.8% drop, the market faced volatility with significant movements in technology and automotive stocks.
$BYD COMPANY(01211)$ experienced a 4.87% decline. Despite announcing that its Dolphin model surpassed 1 million units in sales, the stock faced downward pressure amid broader market weakness.
$XIAOMI-W(01810)$ fell by 5.6%. The company announced obtaining an L3 autonomous driving road test license in Beijing, marking a significant step towards commercializing its autonomous driving technology.
$CICC(03908)$ jumped by 7.28%. The company announced a merger with Dongxing Securities and Cinda Securities, significantly boosting its market competitiveness and asset scale.
$HSBC HOLDINGS(00005)$ saw a 1.7% increase, continue to reach all-time high. The company's market capitalization surpassed HKD 2 trillion, driven by positive market sentiment and strategic management changes.
$CMOC(03993)$ rose by 3.3%. The company announced a $1.015 billion acquisition of Brazilian gold mining assets, enhancing its resource reserves and aligning with its strategic goals.
$JD-SW(09618)$ declined by 3.72% . Despite expanding its drone delivery operations and launching new products, it was impacted by broader market trends and sector-specific challenges.
$AUNTEA JENNY(02589)$ surged by 4.27% adn was driven by the company's accelerated overseas expansion, reflecting strong investor confidence in its growth prospects.
$GANFENGLITHIUM(01772)$ saw a 2.28% increase. The stock was buoyed by news of Yichun's plan to revoke 27 mining licenses, which heightened supply concerns and supported lithium prices.
4. Singapore Market - STI edges down 0.36%
$Solidion Technology Inc.(STI)$ : The Straits Times Index slightly decline of 0.36% and closing at 4569.78 last week, the market faced mixed signals from corporate activities and economic indicators, contributing to the subdued performance.
$SIA(C6L.SI)$ decreased by 0.4%. The announcement of special dividends by SIA and other SGX heavyweights like ST Engineering and Singtel highlights a trend of increased shareholder returns, which may attract income-focused investors.
$CityDev(C09.SI)$ rose 8.72%. On December 16th, it announced that the company agreed to sell assets for approximately S$97.3 million. Data from November 24th showed the company received a net institutional inflow of S$242.3 million in the second half of 2025, ranking first among large-cap SGX stocks.
$Top Glove(BVA.SI)$ increased 6.6%, earnings released showed that net profit for the quarter ending November 30, 2025, surged 680% y-o-y, with sales volume increasing by 17%, particularly in the US market.
$China Aviation(G92.SI)$ rose 5.44% and close to all time high. (EPS) have grown at an annual rate of 34% over the past 3 years, higher than the market average. Total shareholder return over the past 12 months reached 82%, and net institutional inflows in H2 2025 positive.
$UOB(U11.SI)$ remained a minor dip of 0.06%. The extension of a 10.5 billion HKD loan for Vanke's subsidiary, supported by various guarantees, indicates a controlled risk environment, aiding the company's operational growth.
$DBS(D05.SI)$ declined 0.31%. The transfer of shares from Standard Chartered Bank (Hong Kong) to DBS Bank, valued at 63.75 million HKD, and the company's interim results showing a shift to a loss.
5. Australian Market - XJO.AU declined 0.8% with metals and banks shine
$S&P/ASX 200(XJO.AU)$ : fell 0.8% over the week to close at 8,628.2 points.The market faced pressure due to concerns over global economic growth and fluctuating commodity prices. Meanwhile, rising market expectations for a 2026 interest rate hike by the Reserve Bank of Australia (RBA) put pressure on interest rate-sensitive assets.
Sectors: Mining sector leads manily driven by the historic breakout in LME copper prices, banking sector is strong with the four major banks all rose, Healthcare and infrastructure sectors face pressure.
$Rio Tinto Ltd(RIO.AU)$ -0.23%, The historic breakout in LME copper directly benefits mining giants, and the resource sector as a whole attracts global capital allocation, continuing its upward trend in the new week.
$REGIS RESOURCES LTD(RRL.AU)$ -0.44%, hitting a new high: year-to-date gain of over 200%. Soaring gold prices boosted the company's cash and gold bar reserves to A$675 million, and quarterly revenue surged 51% y-o-y to A$447 million. UBS upgraded its rating on lithium mining stocks, triggering a significant inflow of funds into the resource sector.
$NATIONAL AUSTRALIA BANK LTD(NAB.AU)$ , despite pressure on interest rate-sensitive assets, bank stocks bucked the trend and rose slightly by +0.03%. Market expectations that interest rate hikes will widen net interest margins (NIM) and improve profitability, while credit quality remains strong and non-performing loan ratios are at cyclical lows.
$ANZ GROUP HOLDINGS LTD(ANZ.AU)$ +0.61%, Market predictions that the RBA may initiate interest rate hikes in February 2026 directly boost bank valuations. ANZ's share price has risen 32.8% since 2025, leading the four major Australian banks.
$CSL LIMITED(CSL.AU)$ -4.81%. As a traditional blue-chip stock, its high valuation led to a sell-off as interest rate hike expectations intensified, with institutional funds flowing from defensive sectors to cyclical and resource stocks.
$TRANSURBAN GROUP(TCL.AU)$ -1.77%. Infrastructure stocks suffered heavy losses. Interest rate hike expectations raised the discount rate for long-duration assets. Full-year financial results showed revenue down 8.5% y-o-y to AUD 3.77 billion, and net profit plummeted 45%, further suppressing the share price.
The Week Ahead
1. Macro Factors -Global Economic Outlook and US GDP Releases
U.S. Macro Focus:
Markets will focus on U.S. GDP, durable goods orders, and consumer confidence to gauge economic momentum.
Expectations for a potential Fed rate cut in early 2026 remain in the background.
Asia – Policy & Activity Signals:
Key themes include central bank decisions, inflation, trade data, and factory activity.
China’s lending rate decision and industrial profits are key watch points.
Eurozone Developments:
Focus on final manufacturing PMIs and Spanish CPI, as the ECB maintains a cautiously optimistic stance.
U.K. & Nordics:
In the U.K., attention remains on the BoE’s recent rate cut and GDP data.
Norway and Sweden will also release key economic indicators.
Japan & Greater China:
BOJ policy direction and Japan’s economic data remain pivotal.
China’s manufacturing PMI and lending rate decisions stay in focus.
Equity Markets – Hong Kong IPOs:
Several companies are set to list in Hong Kong, including Nanhua Futures, BenQ BM, B&K Corporation, and Impression Dahongpao.
Other Regional Data:
South Korea: Inflation and trade data
Australia: RBA meeting minutes
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