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Kabra Extrusiontechnik Appoints Interim CFO

Kabra Extrusiontechnik (NSE:KABRAEXTRU, BOM:524109) has appointed Uttam Singh, currently the deputy general manager-accounts and finance, as the interim chief financial officer, according to a Wednesday filing to the Indian stock exchanges.His appointment is effective from Wednesday till a new CFO is appointed by the board.

BOM:524109NSE:KABRAEXTRU

^STISGX:5RCSGX:BN2SGX:CYW

Singapore Shares Gain More Than 1% on Dropping Oil Prices; TrickleStar Soars 74%

Singapore shares remained in green on Wednesday, tracking broader regional gains, with markets responding positively to retreating oil prices.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,963.16 and 5,008.37 throughout the day. It ended the session at 5,003.96, up 57.96 points or 1.2% compared to Tuesday's close.On the corporate front, shares of TrickleStar (SGX:CYW) zoomed nearly 74% at the close as the company signed a placement agreement with PrimePartners Corporate Finance to raise SG$2.4 million through the placement of around 79.1 million shares at SG$0.0306 per share.Valuetronics (SGX:BN2) shares closed nearly 14% lower, with the company slated to report a "significant" decrease in its net profit for the fiscal year ended March 31.Meanwhile, shares of ES Group (SGX:5RC) surged over 12% at the close after the offshore engineering company's subsidiary, ES Aspire, signed a binding memorandum of agreement to dispose of its 8,028 deadweight tonnage steel tanker to an unrelated third party.

Seazen Logs 991 Million Yuan in April Contracted Sales

Seazen Group (HKG:1030) recorded contracted sales of around 991 million yuan in April, with a sales area of 139,900 square meters, according to a Wednesday Hong Kong bourse filing.The property firm had 180 properties for lease in the month with a total gross floor area of approximately 16.6 million square meters.Rental and commercial operating income for April stood at 1.09 billion yuan and 1.17 billion yuan, respectively.For the four months ended April 30, contracted sales and sales area reached roughly 4.01 billion yuan and 666,400 square meters, respectively.Rental and commercial operating income for the four months reached roughly 4.4 billion yuan and 4.72 billion yuan, respectively.

HKG:1030

Citigroup Downgrades MercadoLibre to Neutral From Buy, Adjusts PT to $1,950 From $2,200

MercadoLibre (MELI) has an average rating of buy and mean price target of $2,305.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$MELI

Xingyuan Environment Technology Gets Sued for Alleged Unapproved Fund Transfer

Xingyuan Environment Technology (SHE:300266) faces a 16.7 million yuan lawsuit from shareholder Qian Fengxue, who alleges the company transferred 14.8 million yuan from subsidiary Xingyuan Energy Saving into its own account without board or shareholder consent.The case, filed in the Hangzhou Linping District Court, remains in first instance and has not yet been heard, according to a Tuesday filing with the Shenzhen bourse.Qian also seeks 100,000 yuan in legal fees.Shares of the environmental protection equipment company closed 2% higher Wednesday.

SHE:300266

Nasdaq Comp Futures Surge Pre-Bell as Semiconductors Head for Sharply Higher Open on Wednesday

Gold Futures Rise 0.2% to $4,698.1/Oz, Silver Futures Climb 1.5% to $86.89/Oz Early Wednesday

Daiwa Securities Downgrades Advanced Micro Devices to Outperform From Buy, Price Target is $500

Advanced Micro Devices (AMD) has an average rating of overweight and mean price target of $459.86, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$AMD

Mizuho Downgrades ZoomInfo Technologies to Underperform From Neutral, Adjusts PT to $3 From $10

ZoomInfo Technologies (GTM) has an average rating of hold and mean price target of $6.35, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$GTM

Nomura Adjusts Riverstone Holdings' Price Target to SG$0.97 From SG$0.78, Keeps at Neutral

SGX:AP4

Nomura Adjusts Godrej Consumer Products' Price Target to INR1,300 From INR1,525, Keeps at Buy

Godrej Consumer Products (NSE:GODREJCP, BOM:532424) has an average rating of overweight and mean price target of 1,261.62 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:532424NSE:GODREJCP

Nomura Downgrades Genting Singapore to Reduce From Buy, Adjusts Price Target to SG$0.63 From SG$0.95

Genting Singapore (SGX:G13) has an average rating of hold and mean price target of SG$0.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

SGX:G13

Nomura Adjusts Berger Paints India's Price Target to INR650 From INR625, Keeps at Buy

Berger Paints India (NSE:BERGEPAINT, BOM:509480) has an average rating of hold and mean price target of 516.43 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:509480NSE:BERGEPAINT

RHB Research Institute Downgrades Bermaz Auto to Neutral from Buy; Price Target is MYR1

KLSE:BAUTO

Nomura Adjusts Sagility's Price Target to INR58 From INR56, Keeps at Buy

Sagility (NSE:SAGILITY, BOM:544282) has an average rating of buy and mean price target of 58.09 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:544282NSE:SAGILITY

Research Alert: Kepco Q1 2026: Operating Profit Misses Consensus, Flags Rising Fuel Concerns

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Korea Electric Power Corporation (KEPCO) reported Q1 2026 revenue of KRW24.4T (+0.8% Y/Y) and operating profit of KRW3.78T (+0.8% Y/Y), which was below consensus, with electricity sales volume declining 0.9% Y/Y to 139.7 TWh. The company reduced cumulative operating loss to KRW34T from KRW47.8T at end-2023, while maintaining stable pricing at KRW170.40/kWh through cost management that saved KRW300B via AI-based systems. We believe our investment thesis remains intact, supported by higher tariffs, cost control, and record nuclear utilization with potential export opportunities. Management flagged 2H 2026 fuel cost pressures from Middle East tensions not fully reflected in the Q1 results. We see potential earnings improvement given record nuclear utilization, though the company remains heavily leveraged with KRW206.4T in debt. In our view, fuel cost fluctuations and political risks from populist pressures on electricity pricing remain key overhangs despite supportive government tariff mechanisms.

$KEP

Market Chatter: Indonesia to Pivot Crude Oil Import Routes to Bypass Middle East Disruptions

Indonesia is expanding crude oil imports from regions outside the Middle East and the Strait of Hormuz to minimize disruptions amid rising geopolitical tensions, Bisnis reported Wednesday, citing a senior energy ministry official.Laode Sulaeman, director general of oil and gas at the Energy and Mineral Resources Ministry, said the government has started sourcing more crude from African producers such as Nigeria. Energy Minister Bahlil Lahadalia previously said Indonesia would also begin receiving crude oil shipments from Russia under a phased plan to purchase 150 million barrels through end-2026, the report said.Data from Indonesia's statistics agency showed crude oil imports reached 2.52 million tonnes in January, with Angola accounting for the largest share at 22%, followed by Saudi Arabia at 20.4% and Nigeria at 20.3%. Brazil and Australia were also among the country's key suppliers during the period, Bisnis said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^JKSE

WTI Crude Oil Futures Slip 0.8% to $101.38, Brent Futures Fall 0.5% to $107.23 Early Wednesday