Singapore shares fell this week, with the $STI(STI.SI)$ down 2.4% in the last five trading days.$HPH Trust SGD(P7VU.SI)$ rose 12.2% this week; $Frasers HTrust(ACV.SI)$ rose 5%; $Riverstone(AP4.SI)$ rose 4.81%.$JMH USD(J36.SI)$ fell 7.07%; $Top Glove(BVA.SI)$ fell 6.98%; $Sri Trang Agro(NC2.SI)$ fell 6.29%.Market NewsSingapore Stocks’ Best Year Since 2017 Masks Downbeat OutlookSingapore’s main stock index is on track to have its best annual performance since 2017, but any celebrat

Market SnapshotSingapore stocks opened lower on Friday. STI fell 0.5%, SingPost rose 0.9%, UOB fell 1.1%, OCBC fell 0.9%.Stocks to WatchCDL Hospitality Trusts (CDLHT): The stapled group is venturing into the student accommodation business for the first time with the purchase of Benson Yard, a purpose-built student accommodation (PBSA) in Liverpool. The PBSA and the adjacent vacant land were both acquired for £37.3 million (S$63.9 million), announced its managers on Thursday. Stapled securities of CDLHT closed flat at S$0.85, before the announcement.Cromwell European Real Estate Investment Trust (Cromwell E-Reit): The Reit is divesting two office assets in Italy for 20.9 million euros (S$29.6 million), which its manager on Friday noted to be a blended 7.7 premium over latest valuations. Thi

Market SnapshotSingapore stocks opened lower on Thursday. STI fell 0.4%, DBS rose 0.4%, UOB fell 0.8%, Seatrium fell 1%, Nio fell 4%, KepPacOak fell 6.8%.Stocks to WatchAsia-Pacific Strategic Investments : The Catalist-listed company has agreed to operate and manage two airports in Timor-Leste, marking its potential entry into the aviation infrastructure sector. On Wednesday, the group said its proposed diversification will require the approval of shareholders. Shares of Asia-Pacific Strategic Investments closed flat at S$0.001 on Tuesday before it requested a trading halt the following morning. The counter resumes trading on Thursday. SG Local NewsSingapore among top 3 busiest international flight routes in 2024: reportSingapore is on three of the world’s busiest international flight rout

Market SnapshotSingapore stocks opened lower on Wednesday. STI fell 0.2%, Cosco rose 0.7%, Sembcorp rose 0.2%.Stocks to WatchCosco Shipping : The logistics management service provider began work on Phase Two of its logistics hub on Jurong Island on Tuesday. Upon completion, the hub’s capacity will be nearly double of what it is at present, with an additional 2.5 hectares of land and approximately 62,500 square metres of built-up area. The expanded portion of the facility aims to address the growing demand for specialised logistics services serving the petrochemical and chemical sectors on the island, which houses Singapore’s major petrochemical hub. Shares of Cosco Shipping closed 0.8 per cent or S$0.001 higher at S$0.135, before the announcement.Keppel DC Real Estate Investment Trust (Rei

Market SnapshotSingapore stocks opened lower on Tuesday. STI fell 0.4%, SIA fell 0.8%, Clar fell 0.8%, OUEREIT rose 1.8%.Stocks to WatchCapitaLand Ascendas Reit (Clar): The real estate investment trust is proposing to acquire logistics property DHL Indianapolis Logistics Center in Whiteland, Indianapolis, Indiana, for S$150.3 million. This will also represent Clar’s first sale and leaseback acquisition in the US, said the manager on Tuesday. Units of Clar closed flat on Monday at S$2.55.Cromwell European Real Estate Investment Trust (Cromwell E-Reit): The Reit’s manager said on Tuesday it will refinance office loans early with a higher all-in interest rate facility. The European-focused Reit entered into a new five-year and one-month secured debt facility agreement for an aggregate amount

Market SnapshotSingapore stocks opened higher on Monday. STI rose 0.1%, SIA rose 0.3%, UOB fell 0.5%; YZJ Shipbldg rose 2%.Stocks to WatchUOB : Its head of group corporate banking Leong Yung Chee will replace chief financial officer (CFO) Lee Wai Fai as CFO on Apr 22, 2025. The bank said on Friday that Lee is retiring from his CFO role after 20 years. Edmund Leong, who has specialised in the capital markets for 16 years, will take over from Leong as head of group corporate banking. Shares of UOB ended Friday  0.3 per cent or S$0.10 higher at S$37.35 before the news.CapitaLand Investment (CLI) : The real estate asset manager will acquire the property and corporate credit investment management business of Wingate Group in Australia for A$200 million (S$173 million), plus a three-year pe

Market SnapshotSingapore stocks rose this week, with the STI up 0.37% as China pledged further monetary easing to brace itself for more trade tensions with the United States.$Top Glove(BVA.SI)$ soared 7.5%; $YZJ Shipbldg(BS6.SI) rallied 7%; $Singtel(Z74.SI)$ rose 3.6%.Market NewsTop Glove Trims Attributable Loss in Fiscal 2024Top Glove (SGX:BVA) reported a lower loss attributable to owners of the parent for the year ended Aug. 31 of 64.9 million ringgit, compared to 925.2 million ringgit a year earlier, a filing with the Singapore Exchange said on Wednesday.Basic loss per share came in at 0.008 ringgit compared with 0.116 ringgit a year earlier. Revenue rose to 2.51 billion ringgit from 2.26 billion r

Market SnapshotSingapore stocks opened lower on Friday. STI fell 0.19%; Riverstone fell 1.9%; NIO fell 1.7%; Top Glove rose 1.25%.Stocks to WatchTHE following companies saw new developments that may affect trading of their securities on Friday (Dec 13): $Keppel DC Real Estate Investment Trust(AJBU.SI)$ (Reit): Its manager announced on Thursday that the Reit’s non-renounceable preferential offering was about 159.9 per cent subscribed. It received excess applications of 79.4 per cent, or for an extra 117.8 million units. Valid acceptances hit 80.5 per cent, or 119.5 million units. Thus, it will allot 28.9 million excess preferential offering units that were not validly accepted or not taken up to satisfy applications for excess preferen

Market SnapshotSingapore stocks opened lower on Thursday. STI fell 0.11%; Keppel DC Reit rose 2.3%; Del Monte Pacific fell 3.75%.Stocks to WatchTHE following companies saw new developments that may affect trading of their securities on Thursday (Dec 12): $Del Monte Pacific(D03.SI)$: The Philippine food-and-beverage manufacturer’s net loss deepened to US$22.2 million for the second quarter ended Oct 31 from US$8.5 million in the previous corresponding period. The company on Wednesday attributed this to its US subsidiary Del Monte Foods’ lower profit and higher costs. It expects a net loss for FY2025, but aims to “actively restore” its gross margins and gradually improve in FY2026 and FY2027 by reducing inventory, cutting costs and consolidat

Market SnapshotSingapore stocks opened flat on Wednesday. STI fell 0.08%; YZJ Shipbldg rose 1.85%; OCBC Bank gained 0.66%; Nio slid 1.8%.Stocks to Watch$Aims Apac Reit(O5RU.SI)$: The industrial and logistics real estate investment trust (Reit) is divesting its warehouse at 3 Toh Tuck Link for S$24.4 million, representing a 32.5 per cent premium over the property’s valuation as at Mar 31, 2024. Net proceeds may be reinvested to support the Reit’s various growth initiatives, including potential new acquisitions. Units of the Reit closed on Tuesday S$0.01 or 0.8 per cent higher at S$1.26, before the news.$Keong Hong Holdings(5TT.SI)$: Its subsidiary Keong Hong Construction has agreed to sell its 20 per

Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.6%; NIO rose 6%; OCBC Bank rose 1.6%; Hai Leck fell 1%.Stocks to WatchTHE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 10):$Sembcorp Industries(U96.SI)$: The group on Tuesday said it received an update on legal proceedings where the South African Supreme Court of Appeal affirmed its 718 million rand (S$70 million) asset sale made in 2018 as valid and enforceable. A party who unsuccessfully attempted to gain a minority shareholder stake in one of the divested assets, Sembcorp Silulumanzi, had previously challenged the sale in the South African High Court. Shares of Sembcorp Industries closed 0.7 per cent or S$0.04

Market SnapshotSingapore stocks opened lower on Monday. STI fell 0.1%; ComfortDelGro rose 0.7%; UOB fell 0.35%.Stocks to WatchTHE following companies saw new developments that may affect trading of their securities on Monday (Dec 9):$CapitaLand China Trust(AU8U.SI)$ (CLCT): The manager has appointed Gerry Chan as its CEO and an executive non-independent director with effect from Jan 1, 2025. The 48-year-old was appointed as deputy CEO on Sep 1. In an exchange filing on Friday, the manger said Chan’s latest appointment is part of its regular succession and leadership renewal process. Chan will succeed Tan Tze Wooi, who will be redesignated as a non-executive non-independent director.$Lendlease

Market SnapshotSingapore stocks rose this week, with the STI up 1.52% as renewed optimism around the city-state’s banks gives a lift to the wider market.Analysts highlighting the ability of lenders to maintain profitability despite expectations of lower interest rates. Banks’ stable dividend payouts are also enticing investors.$DBS Group Holdings Ltd.(D05.SI)$ rose 2.95% this week; $UOB(U11.SI)$ rose 1.43%; $OCBC(O39.SI)$ rose 0.74%.$Top Glove(BVA.SI)$ soared 16%; $YZJ Shipbldg(BS6.SI) rallied 12%; $Yanlord Land(Z25.SI)$ rose 8.5%.Market News

Market SnapshotSingapore stocks opened lower on Friday. STI fell 0.3%; SGX fell 1.3%; SingPost fell 0.9%; DBS and UOB fell 0.6%; NIO fell 0.4%; Singtel fell 0.3%; Stocks to Watch$Sembcorp Industries(U96.SI)$: The group’s wholly owned subsidiary, Sembcorp Fuels, signed a 10-year sale-and-purchase agreement with oil major Chevron Corp for approximately 0.6 million tonnes of liquefied natural gas each year. Its delivery is expected to commence in 2028. Shares of Sembcorp closed at S$5.65 on Thursday, up 2.7 per cent or S$0.15, before the news. $Suntec Reit(T82U.SI)$%: Property tycoon Gordon Tang and his wife Celine have made a mandatory conditional cash offer to acquire all the units of t

Market SnapshotSingapore stocks opened higher on Thursday. STI rose 0.4%; OKH Global rose 33%; Genting Singapore rose 1.3%; Hong Fok rose 1.2%; DBS rose 1%; NIO fell 1.3%.Stocks to Watch$CapitaLand Investment(9CI.SI)$ (CLI): The real asset manager said on Thursday its self-storage platform Extra Space Asia (ESA) has entered into a partnership with Japan’s largest indoor self-storage manager Ambitious. With the alliance, ESA is set to expand its portfolio in Japan by leveraging Ambitious’ operations in Osaka and Tokyo. ESA has bought four self-storage facilities in Osaka from Ambitious, which brings its total self-storage assets in the country to 14, spanning more than 60,000 square feet of gross floor area. It plans to add two in Tokyo by early

Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.2%; MarcoPolo Marine rose 1.9%; NIO rose 1.3%; Sats rose 1.1%; Seatrium rose 1%; Singtel rose 0.6%; DBS rose 0.5%; SingPost fell 0.9%.Stocks to Watch$DigiCore Reit USD(DCRU.SI)$: It will convene its extraordinary general meeting on Wednesday to vote on the proposed acquisition of an additional stake in a data centre in Frankfurt, Germany. The independent financial adviser, independent directors, as well as the audit and risk committee have recommended that unitholders vote in favour of the resolution, said the Reit’s manager. Units of Digital Core Reit ended Tuesday flat at US$0.595.$MarcoPolo Marine(5LY.SI)$: The integrated marin

Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.8%; YZJ Shipbldg rose 9%; Keppel, Sats, Singtel, and UOB rose 1.3%; Sembcorp rose 1.1%; Seatrium rose 1%; OCBC rose 0.9%.Stocks to Watch$YZJ Shipbldg SGD(BS6.SI)$: The maritime vessel maker announced on Monday that it had secured another US$2.6 billion in shipbuilding contracts, taking its order wins to US$14.3 billion in the year to date. This follows the company’s quarterly business update on Nov 7, where it reported having secured US$11.6 billion worth of order wins in the year to date, exceeding its target of US$4.5 billion for the 2024 financial year. The group’s shares closed at S$2.43 on Monday, up 0.8 per cent or S$0.02, before the announcement. 

Market SnapshotSingapore stocks opened higher on Monday. STI rose 0.6%; SingPost rose 2.6%; Boustead rose 2.5%; NIO rose 2%; AEM rose 1.5%; Genting Singapore rose 1.3%; Singtel rose 1%; UOB rose 0.8%; DBS rose 0.7%.Stocks to Watch$SingPost(S08.SI)$: The national postal service provider has officially proposed to sell its Australian business at an agreed enterprise value of A$1 billion (S$870 million). Some proceeds from the deal will be used to repay borrowings, such as its Australian dollar-denominated debt, as well as the possible issuance of a special dividend in the future, said SingPost on Monday. Shares of SingPost ended Friday flat at S$0.58.$NIO Inc.(NIO.SI)$: The Chinese electric vehicle make

Singapore stocks slid this week, with the STI down 0.2%, as investors continue to digest the threat of Donald Trump’s tariffs.Meanwhile, Singapore’s core inflation in October slowed to the weakest pace since December 2021, as heathcare and recreation price gains eased.In terms of individual stocks, SIA and Seatrium rose 1%; Singtel rose 1.3%; Mapletree Ind Tr rose 2.2%; CapitaLand Ascendas REIT rose 2.3%; Mapletree Log Tr rose 2.4%; Keppel DC Reit rose 2.9%; iFast rose 4.4%; Olam rose 6%; ThaiBev rose 7.2%; SingPost rose 8.4%.While OCBC fell 1%; Genting Singapore fell 1.3%; Sats fell 2.1%; CapitaLandInvest fell 2.2%; ST Engineering fell 3%; NIO fell 4.1%; AEM fell 4.4%; Yangzijiang Shipbuilding fell 10.4%.Market NewsSingapore Core Inflation at Weakest Pace in Almost Three YearsSingapore's