⚠Top market movers: SingTel up 1.7% on results; JD reports surge in 11.11 sales and China Life jumps 4% alongside other Chinese insuers

Macquarie Warrants Singapore
11-12

1⃣ $Singtel(Z74.SI)$ refreshing a new record high of $4.69 after a 1.5% increase as of 1113AM, after the telco released its 2QFY26 results before market open today.

📢Its clean profit of SGD 667 million came in above expectations of SGD 542 million

🔼Its Optus and NCS businesses showed improvement over the previous quarter. Particularly, NCS' earnings margins attained 15.6%, the highest level since 2023

✳Trending SingTel call warrant $SingtelMBeCW260227(9PBW.SI)$ (https://warrants.com.sg/tools/livematrix/9PBW) is up almost 9 times more than SingTel's +1.5% increase with its 13% rise to SGD 0.026.

$JD-SW(09618)$ : one of the rare outperformers amid the Chinese tech names this morning with a 1.2% gain to HKD 124.60 as of 1117AM (versus the HSTECH's 0.6% drop)

🛒JD says number of orders that it received during Singles’ Day, an annual online shopping gala, rose nearly 60%, according to a statement issued on the co.’s WeChat account.

🌏Specifically, sales outside of China more than doubled from the value year ago

✳Trending JD call warrant $JD MB eCW260303(OTFW.SI)$ (https://warrants.com.sg/tools/HistoricalPerformance/OTFW) is up 9.7% compared to JD's 1.2% gain

🔥 China Life : rallying 4.2% alongside the sector-wide bullishness in the Chinese insurance sector this morning. China Life had reported on 30 October a 60.5% profit jump in its first 9 months of the year as a stock-market rally boosted investment returns

🌠China Life’s full-year profit is set to increase about 60% to a record, according to estimates by Bloomberg Intelligence

✳Trending China Life call warrant $CLIFE MBeCW260203 29.4(PEMW.SI)$ (https://warrants.com.sg/tools/livematrix/PEMW) is the top warrant gainer for the day with a 28% return, almost 8 times more than China Life's share price gain.

🚫*there are no trending put warrants tracking any of the above names

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