In today’s briefing:
- Ohayo Japan | Nasdaq Hits a Record High
- Singapore Market Roundup (05-Oct-2026): RHB raises OCBC target price to $33.70 after Fed hike.
- Semiconductor Chemicals: Four Listed Indian Companies, Two Different Markets
- Episode 57: One Decision a Year To Outperform The S&P
- AI Flow Index : Sailing a Sea of Companies in AI – 5 October 2026
- AI Flow Newsletter : Monitoring The “Currents” Of AI – 5 October 2026
Ohayo Japan | Nasdaq Hits a Record High
- U.S. equities: Nasdaq gained 1.0% to a record, S&P 500 rose 0.7%, while Nvidia hit an all-time high despite higher Treasury yields.
- Schneider’s 42.3% premium for PTC could prompt investors to reassess valuations of Japanese companies with proprietary industrial software or automation assets
- French fiscal and political concerns weighed heavily, sending the euro to a 17-month low against the dollar and widening French-German bond yield spreads.
Singapore Market Roundup (05-Oct-2026): RHB raises OCBC target price to $33.70 after Fed hike.
- RHB boosts OCBC target price to $33.70 following Fed rate hike.
- Citi cuts SGX target price and starts 90-day watch for P/E de-rating risks.
- RHT Capital sets ISDN Holdings target price at 73 cents.
Semiconductor Chemicals: Four Listed Indian Companies, Two Different Markets
- Aether Industries, Anupam Rasayan and Acutaas Chemicals are developing international chemical opportunities; Linde India is positioning around gas supply for India’s emerging manufacturing ecosystem.
- Chemical suppliers can address established overseas demand before India’s new commercial fabs begin volume production.
- Acutaas’ Korean operation and Anupam’s US acquisition also show that exporting molecules can evolve into manufacturing close to customers.
Episode 57: One Decision a Year To Outperform The S&P
- Sometime in the early 2000s I was sitting in a ballroom at the CLSA conference in Hong Kong and Marc Faber, the author of the famed Gloom, Boom & Doom Report, took the stage to give a keynote. He said something that has never left me.
- He told the room that if he had made only three decisions in his entire investing career (which started about 25 years prior), he would have beaten the returns he actually earned running money for a living.
- Three decisions, once a decade, and peace of mind in Chiangmai (where Marc lives).
AI Flow Index : Sailing a Sea of Companies in AI – 5 October 2026
- Semiconductors reclaimed the lead in September.
- The WTR AI Index rose 3.0% M/M, above the S&P 500 (down 0.5%) and the Russell 2000 (down 5.4%) and in line with the Nasdaq (up 3.2%).
- Semiconductors (20% of the index) jumped 14.5% and accounted for most of the index’s gain, while Software (23%) slipped 1.0%, Internet and Data Services (8%) rose 2.9%, Other Tech (23%) rose 2.6%, and Other Industries (26%) fell 0.9%.
AI Flow Newsletter : Monitoring The “Currents” Of AI – 5 October 2026
- The WTR AI Flow Newsletter highlights recent developments in AI.
- In the AI Flood Watch (Top 10 Format), we curate the month’s top AI news items, classify them as “Rising,” “Neutral” or “Falling,” and provide takeaways.
- This issue features five Rising, two Neutral, and three Falling stories.
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