Keppel and Nikkei225 - why are call warrants dominating top gainers table with rallies up to 91%?
🔝This morning's top warrant gainers table is dominated by call warrants tracking Keppel shares and the Nikkei225 futures, with the trending call warrants up 8 times and 5 times more than the underlyings' gains of 4.8% and 2.8% respectively
✳Trending Keppel call $KeppelMBeCW261015(KZDW.SI)$ (https://warrants.com.sg/tools/livematrix/KZDW) is trading 38.7% higher to SGD 0.043 as of 1035AM while trending Nikkei call $NKY 62000MBeCW260911(V5PW.SI)$ (https://warrants.com.sg/tools/livematrix/V5PW) is 16.7% higher to SGD 0.245
✴Nikkei put warrants (FRDW and HIPW) on the other hand, are amongst the top warrant losers with losses of 50%
1⃣Keppel $Keppel(BN4.SI)$ : the shares are up 4.9% to $10.93 as of 1044AM, erasing all losses from its -3.5% share price drop in the first two days of this week after terminating its proposed divestment of M1
We had published a morning article on 19 May sharing Macquarie Research's positive view on the shares notwithstanding the merger that has been called off: https://warrants.com.sg/marke
tnews/highlight/todayhighlight/7876
The trending Keppel call warrant mentioned KZDW (https://warrants.com.sg/tools/HistoricalPerformance/KZDW) is 44.8% higher to SGD 0.042 as of 1044AM today since the closing of 19 May
2⃣Nikkei225 $Nikkei 225 Index(N225.JP)$ : This morning, Japan announced that their core CPI which excludes fresh food, rose 1.4% in the month of April - the slowest increase in four years and lower than estimates
According to Bloomberg, the weaker reading may complicate expectations for the Bank of Japan to raise interest rates next month
Meantime, the weak yen is making imports much more expensive for Japan, despite multiple suspected interventions to support the currency. The yen averaged 159.18 to the dollar in April, compared with 143.07 in the same month a year earlier and its 10-year average of 124.77 (Bloomberg)
The Nikkei225 June futures is currently trading 2.7% higher to 63,155
Modify on 2026-05-22 15:22
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