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12 clusters · 52 sources · 76 days · First seen 3 months ago · Last updated 26 days ago

Asian stocks rally on US inflation slowdown and bank growth

Overview

The Asian equity rally that began in mid‑July 2024 after a 0.4% drop in U.S. CPI has persisted through mid‑2026. A second slowdown in June 2026 again cut the odds of a July Fed hike to roughly 16% and reignited buying, with the MSCI Asia‑Pacific index (ex‑Japan) gaining 2–3%.

In early June, Singapore’s Straits Times Index jumped 1.2% to 5,097 points as DBS, OCBC and UOB led a bank‑driven rally. While geopolitical stress caused Chinese and Hong Kong markets to slip, Thailand’s SET index climbed above 1,590 points in mid-June as foreign inflows reached a 20-week high.

Banking stocks remain the primary driver of this momentum. In August 2026, UOB reported a 66% jump in H1 2026 net profit, with its securities brokerage arm, UOB Kay Hian, seeing a 51.6% surge in commission and trading income. Wealth management income across ASEAN-4 markets (Malaysia, Indonesia, Thailand, and Vietnam) rose 30% year-on-year, bringing high-net-worth assets under management to S$204 billion.

Fitch Ratings projects that Singapore’s major banks—DBS, OCBC, and UOB—will maintain profitability through 2026 by leveraging wealth management growth to offset net interest margin pressures from lower interest rates. To mitigate the market’s heavy concentration in the banking sector, the Monetary Authority of Singapore has expanded its Equity Market Development Programme to S$6.5 billion this year to boost investor participation and diversification.

Entities

Thailand · Monetary Authority of Singapore · Fitch Ratings · UOB · Indonesia

Timeline

26 days ago

[BUSINESS] 2 sources
Singapore banks projected to maintain profitability via wealth management growth
Singapore's major banks (DBS, OCBC, UOB) are projected to see sustained profitability through 2026, supported by record wealth management inflows and fee growth.
about 1 month ago

[BUSINESS] 3 sources
UOB posts 66% profit jump and 30% ASEAN wealth income rise in H1 2026
UOB Kay Hian's H1 profit rose 66% to S$164.7 m, while UOB's ASEAN wealth income jumped 30% and high‑net‑worth AUM hit S$204 bn, lifting group net profit to S$2.92 bn.
about 2 months ago

[BUSINESS] 4 sources
United Overseas Bank posts 2023 profit surge and sees Singapore Airlines target rise
UOB posted a 26% profit rise to S$5.7 bn and raised its dividend, while its brokerage lifted Singapore Airlines' target price on expected Q2 earnings rebound.
2 months ago

[BUSINESS] 40 sources
U.S. inflation slowdown powers Asian market rally as U.S.–Iran tensions rise
U.S. June CPI fell 0.4%, cutting July Fed‑hike odds and spurring Asian stocks—KOSPI up ~7% on SK Hynix’s 10%+ gain—while U.S.–Iran tensions lift oil and pressure European markets.
2 months ago

[BUSINESS] 2 sources
UOB and UBS Shares Reach Record Highs Amid Banking Sector Rally
UOB and UBS shares surged to record highs, driven by sector optimism and strong earnings, marking a notable rally in global banking stocks.
2 months ago

[BUSINESS] 3 sources
Thai stock market rebounds with foreign inflows and SET gains
The SET index rose to about 1,617 points as foreign investors poured in 26 bn baht, driving a 4.5% weekly gain and boosting Thai banks.
2 months ago

[BUSINESS] 3 sources
Singapore stock market rallies as DBS, OCBC and UOB hit record highs
Singapore’s DBS, OCBC and UOB hit all‑time highs, driving the Straits Times Index up about 3.6% to 5,342 points over four sessions amid strong financial, property and energy stock gains.
2 months ago

[BUSINESS] 2 sources
China stock market slides, Shanghai Composite hovers just above 4,040 points
Shanghai Composite slipped to 4,041, Shenzhen fell 1.3%, while US stocks rose and oil prices dipped after OPEC output increase.
3 months ago

[BUSINESS] 2 sources
Thai stock market climbs for second day, SET index tops 1,590 points
Thailand's SET index rose for a second day to 1,591.24, boosted by sector‑wide gains and positive global market sentiment, while oil prices fell on mixed U.S.–Iran talk signals.
3 months ago

[BUSINESS] 2 sources
Thailand's SET Index Gains Over 2% as Markets Rally
Thailand's SET index rose 1.28% to 1,592.41, driven by gains across sectors and global optimism on Middle‑East tensions easing and a US‑Iran pact.
3 months ago

[BUSINESS] 2 sources
China and Hong Kong stocks fall as Middle East tensions pressure markets
China’s Shanghai Composite and Hong Kong’s Hang Seng fell on Wednesday as Middle‑East tensions and higher oil prices pressured global markets, extending a six‑day regional slide.
3 months ago

[BUSINESS] 2 sources
Singapore's Straits Times Index climbs above 5,000 as banks and wealth stocks lead rally
Singapore’s STI rose 1.2% to 5,097, led by DBS, OCBC and UOB gains, ending a two‑day slide as regional and US markets posted mixed moves.

Sources

aisj.org · analyticsinsight.net · archyworldys.com · asianbankingandfinance.net · barq-news.com · bitcoinethereumnews.com · brasilemfolhas.com · capitalradio.es · china.timesofnews.com · coinpedia.org · conteudos.cnnbrasil.com.br · cryptobriefing.com · dailyguardian.ca · dev.tnonline.com.br · dgabc.com.br · divegorgeous.com.au · econoTimes.com · ekonomist.com.tr · ekz.ch · financialhorse.com · finans.mynet.com · finanzen.at · finanzen.ch · finect.com · fxstreet.cz · gavroche-thailande.com · gulfnews.com · hotsite.cnnbrasil.com.br · ibtimes.com.au · infomoney.com.br · it-boltwise.de · kfgo.com · kulturogborgerhus.vallensbaek.dk · lafa.org · mix929.com · moneytimes.com.br · paparazzi.com.ar · pulse2.com · sgsme.sg · shewired.com · spacemoney.com.br · stocknews.com · talkaboutwildlife.ca · thefinance.sg · thesheffieldpress.com · toray.co.jp · ulusalpost.com · valoraanalitik.com

This summary has been updated 1 time: see revision history