$Straits Times Index(STI.SI)$ gained 0.19% and closed at 4,921.90, as strength in internet retail and aluminum sectors offset weakness in banks and REITs. The index traded within a tight range, reflecting cautious sentiment ahead of key global macro data.
Sectors: Internet & Direct Marketing Retail (+14.29%) and Aluminum (+10.08%) dominated the leaderboard, while Specialized Consumer Services (+7.14%) and Security & Alarm Services (+5.26%) also advanced on defensive positioning. Gas Utilities (+3.87%) rounded out the top performers as energy prices held firm.
8 Popular Stocks:
$SS SPDR S&P500 USD(S27.SI)$ +3.37% — The Singapore-listed S&P 500 ETF tracked Wall Street higher as U.S. equities rallied on easing trade tensions and resilient corporate earnings; the ETF offers local investors convenient USD-denominated exposure to Mag 7 and broader U.S. large-caps.
$BBCA ID SDR 1to2(IBKD.SI)$ +4.92% — The wealth management platform operator advanced on continued momentum in its digital advisory business and HK wealth connect flows; the stock has been a beneficiary of rising retail participation in cross-border investment products.
$Alibaba HK SDR 5to1(HBBD.SI)$ +7.88% — The HK-listed Chinese tech giant's Singapore SDR surged on renewed optimism around China's AI capex cycle and e-commerce stabilization; investors also cheered the company's latest cloud infrastructure partnerships.
$Xiaomi HK SDR 2to1(HXXD.SI)$ +6.67% — The consumer electronics and EV player's Singapore SDR climbed as the company's SU7 electric vehicle delivery numbers beat monthly targets and its AIoT ecosystem expansion gained traction in Southeast Asia.
$Prudential USD(K6S.SI)$ +4.64% — The UK-listed insurer's Singapore SDR rose as the company announced a strategic review of its Asian operations, with markets pricing in potential value unlock; the stock also benefited from UK regulatory clarity on solvency rules.
$TDCX Inc.(TDCX)$ +5.33% — The Singapore-based digital customer experience solutions provider advanced on strong Q1 earnings beat, driven by AI-enabled automation contracts with global tech clients; the company raised its FY2026 revenue guidance.
$JMH USD(J36.SI)$ +4.99% — The Hong Kong conglomerate gained as its property and retail affiliates showed resilience; the stock also benefited from dividend capture ahead of its upcoming ex-date, with the group maintaining its progressive dividend policy.
$HongkongLand USD(H78.SI)$ +4.56% — The prime commercial property landlord advanced as Hong Kong office leasing activity showed signs of bottoming; the company's final dividend of US$0.19 per share (payable May 13) also supported sentiment, though analysts remain divided on the sustainability of its Hong Kong portfolio recovery.
Live Alert Fed, Gold & the AI Arms Race: Five Pillars to Rebuild Your 2026 Portfolio Live address：
Guest Speaker：
Ross Dong
Founder of Gongxing Academy, Partner at Morning Cloud Asset Management
@Ross美股投资
15 years of expertise in Equities and Options | AUM: $30M | 15k+ Community Members
Delivering a 10-year average annual return (CAGR) of 78%. Specialist in identifying and riding secular growth trends. Notable track record includes high-conviction LEAPS strategies on market leaders:
MU: Captured 100x returns via LEAPS.
TSLA: Captured 600x returns via LEAPS.
Key Messages：
1-Fed Policy & Macro Outlook
Deciphering Rate Expectations, Inflation Challenges, and Balance Sheet Dynamics
2-Macro Asset Strategy
Navigating the Interplay of Gold, US Dollar, and Energy Markets
3-Equity Market Framework
Market Timing, Valuation Dispersion, and Strategic Sector Allocation
4-Big Tech Outlook
Analyzing Capital Expenditure Cycles and Monetization Pathways
5-AI Hardware Continuity
Assessing the Momentum in Semiconductors, Memory and Optical Modules
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