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Global markets see shifts in mining, tech, and energy stock ratings
Global financial markets show varied activity across several sectors. In the mining industry, Royal Bank of Canada raised its price target for Franco-Nevada from $285.00 to $300.00, maintaining an ‘Outperform’ rating following revenue growth in the second quarter of 2026.
In the technology sector, JPMorgan maintained a ‘Hold’ rating for Micro-Star International (MSI) with a target of 145.00 TWD. While MSI reported a net profit of 3.00 billion TWD in the second quarter, August revenue saw a decline of 6.06 percent compared to the previous year.
Energy stocks received positive attention from UBS, which raised its price target for Totalenergies to 89 euros and maintained a ‘Buy’ rating. This follows increased cash flows in the European oil and gas sector driven by oil, gas, and refinery margins.
Broad market trends indicate stability in Germany’s DAX, while US markets saw the Nasdaq Composite and Nasdaq 100 reach record highs due to cooling inflation and interest rate concerns, despite rising oil prices and bond yields.
Entities
Bursa Malaysia · Cimpress plc · Franco-Nevada · Micro-Star International · Royal Bank of Canada · TA Securities · TotalEnergies · Truist Financial · UBS · Unisem (M) Berhad