Market View: The Nikkei’s rally, Singapore local banks under pressure, and the US tech rebounds

On the local front, UOB takes the spotlight as we review its movements ahead of earnings later this month, alongside OCBC and DBS - the latter having logged two consecutive red sessions following its latest results. From there, we turn to Singapore Airlines, which is also set to report on the 24th of February. SIA has enjoyed a strong run over the past 5-6 days, climbing nearly 5% and breaking out of a W-shaped formation on the charts. With momentum clearly improving, we discuss how the fundamentals stack up too, especially in light of the airline’s recently announced $500 million, 10-year bond issuance. We then shift to Japan, where the Nikkei is staging a powerful bounce following election developments. On Market View, Sean Cheong speaks to Willie Keng, Founder of The Dividend Titan, to discuss the latest market movements.See omnystudio.com/listener for privacy information.