Singapore shares closed lower on Friday (Feb 18), amid mixed trading in regional markets as investors continued to keep an eye on geopolitical tensions in Ukraine. The Straits Times Index (STI) fell 0.4 per cent or 12.67 points to close at 3,428.90. The market barometer was little changed over the week, down just 0.05 points. Across the broader market, gainers outnumbered losers 259 to 226 after 1.3 billion securities worth S$1.2 billion changed hands.

The ongoing standoff between Russia and Ukraine as well solidifying expectations of a Federal Reserve rate increase next month, sent US stock indices closing lower on Friday. Wall Street also is bracing for the Federal Reserve to launch a series of increases in the benchmark lending rate. The benchmark Dow Jones Industrial Average ended 0.7 per cent lower at 34,079.18, and the broad-based S&P 500 also fell 0.7 per cent to 4,348.87. The tech-rich Nasdaq Composite Index lost 1.2 per cent to end at 13,548.07.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Research's analyst, Vivian Ye, reports Koda Limited 1H22 results which is below expectations, due to lower-than-expected manufacturing sales, caused by suspension of manufacturing operations in Vietnam and Malaysia.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Research's analyst, Timothy Ang, discusses the report on Amazon Incorporation 4Q21 Results.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Research's analyst, Jonathan Woo, report on FAANGM stocks 7.7% in January, with the S&P 500 falling 5.9%. Amazon and Netflix were the laggards, declining 12.2% and 28.3% respectively, with Meta down 7.5%, Microsoft down 7.2%, Alphabet down 6.6%, and Apple down 4.5%.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Research's analyst, Jonathan Woo, report on Apple's iOS 14 privacy changes continuing to hurt Meta's business model. Weak 1Q22 guidance of only 3-11% revenue growth. FY22 guidance of 26% increase in total expenditures.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Research's analyst, Jonathan Woo, report on Alphabet Incorporation 4Q21 Results 41% YoY revenue growth led by increasing advertiser spend and consumer online activity. Cloud remains GOOGL's fastest growing segment with 45% YoY growth, and US$51bn order backlog for its services.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Research's senior analyst, Terence Chua, reports Keppel Corporation's 2H21 results that blew past expectations with all its business units exceeding expectations. The research team are closely watching the divestment of Keppel O&M to SembMarine.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Major U.S. stock indexes tumbled Thursday as technology and social-media companies weighed, including Facebook owner Meta Platforms.

Nasdaq Composite Index fell by 538.73 points, or 3.7%, to 13878.82, breaking a four-day winning streak.

The S&P 500 fell 111.94, or 2.4%, to 4477.44. It was the largest percentage drop in nearly a year. The Dow Jones Industrial Average fell 518.17, or 1.5%, to 35111.16.

In a bid to tackle decades-high inflation, the Bank of England lifted its main interest rate for a second time in a row on Thursday. Inflation in Britain will peak at 7.25 per cent in April, compared to 5.4 per cent last December, which was already near a 30-year high. Interest rates were slashed dramatically in 2020 due to the Covid pandemic. Policymakers were divided however on the size of the increase. Governor Andrew Bailey was among the majority of five members to vote for 0.5 percent, while the remaining four wanted 0.75 percent. ECB will also meet on Thursday and is expected to maintain its key interest rates. Christine Lagarde, head of the European Central Bank, says inflation worries will ease by 2022.

Oil prices surged late Thursday as slushy weather caused supply worries and support prices to push through $90 a barrel for the first time since 2014.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Research's analyst, Timothy Ang, discusses the report on Microsoft Corporation 2Q22 Results, firing on all cylinders.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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