Daily Stock Report
Friday, October 02, 2026 at 10:04 SGT
1. Market Snapshot
Friday 2 October 2026 — all markets open and trading (no US or SG public holiday). The session is mixed-to-soft for Asia: the STI slipped ~0.4% and Hong Kong's HSI fell 2.66% on China-growth jitters, while Shanghai and the CSI 300 eked out small gains. Wall Street was marginally positive (S&P 500 +0.19%) and crypto is firm, with BTC up ~1.6%. The Crypto Fear & Greed Index sits at 72/100 (Greed), easing from 74 — sentiment cooling but far from fearful.
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,645.14 | -0.40% | 51.2 | +87.90% | Neutral |
| S&P 500 (US) | 7,666.45 | +0.19% | 54.8 | +90.00% | Neutral |
| HSI (HK) | 23,958.57 | -2.66% | 30.5 | +26.00% | Bearish |
| Shanghai Comp (CN) | 3,842.19 | +0.31% | 36.3 | +19.50% | Bearish |
| CSI 300 (CN) | 4,357.62 | +0.29% | --- | +98.80% | — |
Western benchmarks lead while Asia lags. The S&P 500 sits at +90% of its 52-week range and the CSI 300 at a near-peak +98.8%, yet Hong Kong's HSI has slumped to just 26% of range with an RSI of 30.5 — the only major index in bearish/oversold territory. The STI/HSI divergence (Singapore roughly flat, Hong Kong −2.66% today) reflects capital rotating out of China-exposed HK tech into US and Singapore value names.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 77.43 | +0.09% | 59.7 | +0.21 | -0.09% | +1.25% | +20.45% | +94.10% |
| OCBC | 31.71 | +0.51% | 61.3 | +0.30 | +0.14% | +2.28% | +28.69% | +94.60% |
| UMS | 2.81 | +2.18% | 72.1 | +0.53 | +6.40% | +8.37% | +35.00% | +83.90% |
| Sheng Siong | 3.20 | -0.31% | 42.1 | +0.31 | -1.19% | -1.19% | +6.70% | +81.20% |
| HSTECH | 0.66 | -2.21% | 38.9 | +0.76 | -4.36% | -9.07% | -15.97% | +0.20% |
Singapore banks remain the portfolio's quality core: DBS (+94% of 52W range) and OCBC (+94.6%) both hold above their 200-day averages with healthy RSI in the high 50s/low 60s, though today's thin volumes (0.21x–0.30x) suggest a quiet, low-conviction session. The standout is UMS, +2.18% to S$2.81 with RSI 72 and a +35% premium to its 200-day MA — strong momentum but stretched. Sheng Siong trades flat-to-soft around its 20/50-day MAs, while the HSTECH ETF sits at just 0.2% of its 52-week range (essentially a 52-week low) — a direct casualty of the China tech selloff and a contrarian watch item, not yet a buy signal.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $230.86 | +1.09% | 81.3 | +0.89 | +3.29% | +6.01% | +15.18% | +92.10% |
| AAPL | $330.32 | -0.81% | 46.4 | +0.97 | -0.39% | +2.53% | +14.35% | +85.30% |
| TSLA | $354.11 | -0.20% | 45.9 | +0.82 | -3.02% | +2.18% | -10.06% | +28.20% |
| MCHI | $52.11 | -0.15% | 38.5 | +1.08 | -1.90% | -4.10% | -8.34% | +12.80% |
US tech is bifurcating. NVDA is the momentum leader (+1.09%, 92% of its 52-week range) but RSI 81.3 is technically overbought and invites profit-taking or trailing stops. AAPL (−0.81%) and TSLA (−0.20%) are consolidating: AAPL sits just under its 20-day MA but comfortably above its 200-day, while TSLA holds above its 50-day yet remains 10% below its 200-day. MCHI (the China A-share proxy, −0.15%, RSI 38.5) keeps lagging with a death cross, mirroring the weakness across HK and mainland Chinese equities.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$73.90 | -2.25% | 22.6 | +0.22 | -7.64% | -14.53% | -20.71% | +6.00% |
| Alibaba | HK$103.70 | -2.72% | 45.7 | +0.27 | -4.29% | -9.42% | -19.38% | +15.40% |
Hong Kong is the portfolio's pain point. BYD has fallen to RSI 22.6 — deeply oversold — and trades at just 6% of its 52-week range, 20.7% below its 200-day MA, with today's very thin 0.22x volume pointing to capitulation rather than fresh accumulation. Alibaba (−2.72%) is likewise in a death-cross downtrend, 19.4% below its 200-day MA. Both are contrarian setups that need to print a base before capital is risked; trying to catch this falling knife now is premature.
6. Crypto (USD)
Fear & Greed: 72/100 - Greed (down)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $84,903.89 | +1.62% | 67.6 | +1.03 | +3.94% | +9.27% | +19.04% | +39.70% |
| ETH | $2,713.06 | +1.09% | 65.6 | +1.00 | +3.55% | +10.63% | +28.43% | +37.10% |
| DOGE | $0.09 | -0.65% | 59.3 | +0.78 | +3.48% | +9.01% | +6.78% | +12.80% |
Crypto is quietly constructive despite the Fear & Greed index cooling to 72 (Greed, down from 74). BTC (+1.62%) and ETH (+1.09%) both hold golden crosses and trade roughly 3–4% above their 20-day and 9–10% above their 50-day MAs, with BTC +19% over its 200-day. DOGE lagged (−0.65%) on the lowest relative volume (0.78x). The modest sentiment pullback from 'Extreme Greed' is a healthy consolidation, not capitulation — dips toward the 20-day MA are the levels worth watching.
7. Currency Corner (SGD Perspective)
USD/SGD ticked up 0.18% to 1.2809 as the dollar firmed modestly. For a Singapore-based investor, a stronger USD is a tailwind for USD-denominated US and crypto holdings (NVDA, AAPL, TSLA, MCHI, BTC, ETH) when converted back to SGD, but a mild headwind for HKD/CNY exposure. CNY/SGD at 0.1904 keeps Chinese assets cheap in SGD terms — helpful if you plan to accumulate on weakness.
8. Key Signals
Unusual Volume (Low)
- BYD 0.22x (thin)
- Alibaba 0.27x (thin)
- DBS 0.21x (thin)
Golden Cross (MA20 > MA50)
- AAPL
- BTC
- DBS
- DOGE
- ETH
- NVDA
- OCBC
- S&P 500
- STI
- Shanghai Comp
- Sheng Siong
- TSLA
- UMS
Death Cross (MA20 < MA50)
Read in aggregate, today's signals describe a market rotating toward US and Singapore quality while China-linked assets (HSI, BYD, Alibaba, MCHI, HSTECH) deteriorate. NVDA's RSI 81 flags near-term exhaustion, while BYD's RSI 22.6 and HSTECH's 0.2% 52-week position mark deep oversold extremes — both warrant patience rather than action. Thin volumes across the SG banks and HK names (0.2–0.3x) confirm low conviction in the pullback, so treat today's moves as drift rather than decisive trend changes.
9. Earnings Calendar Alert
No watchlist name reports within the next 14 days. US Q3 earnings season ramps up mid-to-late October: AAPL is indicated for ~29 Oct (unconfirmed) and TSLA typically reports in the same window, with DBS/OCBC results following in early November. Expect elevated volatility around those prints — avoid adding to outsized positions immediately ahead of them.
10. TL;DR
Key Takeaway
The portfolio's core — Singapore banks and US mega-cap quality — remains intact, with DBS and OCBC above all key moving averages and NVDA the momentum driver now technically overbought (RSI 81). The damage is concentrated in China-exposed holdings: BYD is deeply oversold (RSI 22.6, 6% of its 52W range), Alibaba is in a death cross, and the HSTECH ETF sits at a 52-week low — frustrating to hold but not yet reversing. Crypto is the quiet bright spot, with BTC and ETH holding golden crosses and mildly cooling sentiment offering a healthier entry zone than last week. Actionable stance: trim or trail-stop NVDA into strength, keep accumulating the SG banks on dips, and wait for BYD, Alibaba and HSTECH to print a base before adding — do not catch the falling knife.