Iggy's Journal: Wall Street Fell After Nvidia's CEO Resigned, and the STI Had Already Closed. DBS Goes Ex-Dividend Today…
Iggy's Journal: Wall Street Fell After Nvidia's CEO Resigned, and the STI Had Already Closed. DBS Goes Ex-Dividend Today
Fri 13 Nov 2026 | Morning
The Numbers
The STI closed on Thursday 12 November at 5,282.70, down 6.96 points or 0.13%. The Business Times tied the dip to Singapore shares moving with regional bourses. The US session came after SGX had closed. The Dow fell 189.40 points or 0.36% to 52,297.09, the S&P 500 fell 26.98 or 0.35% to 7,592.40 and the Nasdaq fell 100.10 or 0.39% to 25,366.09. The Associated Press tied the losses to early turbulence after Nvidia CEO Jensen Huang's resignation, higher Treasury yields as bond trading resumed after the Veterans Day holiday, and rising oil after President Trump said he is no longer interested in a deal with Iran. Brent for January delivery rose 3.30% to US$95.82, per Dow Jones Market Data. DBS goes ex-dividend today, 13 November. Business Times headlines: CFO Colette Kress takes over Nvidia in the interim; SIA's carrying value of its Air India investment is down a further S$335 million; SIA's CEO says a special dividend for its 80th anniversary will need the board's nod; Genting Singapore's third-quarter net profit fell 42.2% to S$54.7 million on softer premium gaming; Golden Agri-Resources' third-quarter profit rose to US$162 million on higher plantation output. $nvidia$NVIDIA(NVDA.US)
My Personal Take
SGX closed before the US session, so Thursday's 0.13% dip sits outside the Nvidia news, and today's open is the first Singapore session after it. The Associated Press gave three reasons for the US losses, and I would not rank them from one session. On SIA, the headline says any special dividend needs the board's approval, so I am not reading a payout into it.
Cheers,
Iggy 🦖
Not financial advice. Iggy's Forensic Compliance Standards apply.
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