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11-15 19:05

Weekly | Why Riverstone Lead the Market this Week?

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,744.70 points, up 0.55% points last week.During the last 5 trading days, $Riverstone(AP4.SI)$, $Delta TH SDR 1to1(TDED.SI)$, $CapLand India T(CY6U.SI)$, $Frasers Property(TQ5.SI)$ and $JMH USD(J36.SI)$ are the top 5 weekly gainers, up 10.99%,6.52%, 4.76%, 3.37% and 3.11% respectively. $Sri Trang Gloves(STG.SI)$, $NI
Weekly | Why Riverstone Lead the Market this Week?

Weekly Inflows: SIA, DBS, Raffles Medical & Heeton directors raise stakes

During the five trading sessions, 70 director interests and substantial shareholdings were filed for more than 30 primary-listed stocks. Directors or CEOs filed three acquisitions and no disposals, while substantial shareholders filed seven acquisitions and seven disposals.1. $SIA Engineering(S59.SI)$ Between Nov 6 and 7, SIA Engineering Company (SIAEC) bought back 290,100 shares at an average price of S$2.46 per share.This took the number of shares acquired on the current mandate to 3.14 million shares, or 0.29 per cent of the issued shares (excluding treasury shares) as at the beginning of the mandate in July. This has already surpassed the 0.22% of issued shares (excluding treasury shares) bought back in its FY2024 (ended Mar 31).2.
Weekly Inflows: SIA, DBS, Raffles Medical & Heeton directors raise stakes

Weekly | Why HSBC ADR Lead the Market this Week?

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,724.37 points, up 4.75% points last week.During the last 5 trading days, $HSBC ADR 10(PU6D.SI)$, $Delta TH SDR 1to1(TDED.SI)$, $UOB(U11.SI)$, $DBS Group Holdings(D05.SI)$ and $YZJ Shipbldg SGD(BS6.SI)$ are the top 5 weekly gainers, up 11.37%,11.36%, 11.18%, 9.42% and 5.93% respectively. $Frasers L&C Tr(BUOU.SI)$,
Weekly | Why HSBC ADR Lead the Market this Week?

Hospitality S-REITs’ RevPAR mostly resilient as tourism activity normalises

Singapore real estate investment trusts (S-REITs) with hospitality assets have reported mostly stable operating performance in the third quarter even as tourism activity normalises following the post-pandemic travel boom.Business updates released last week show that revenue per available room (RevPAR) for most trusts remained relatively resilient, despite a high base from the strong growth seen in the same period a year earlier. $Acro HTrust USD(XZL.SI)$ $CapLand Ascott T(HMN.SI)$ $CDL HTrust(J85.SI)$ $Far East HTrust(Q5T.SI)$ $Frasers HTrust(ACV.SI)$ 1.
Hospitality S-REITs’ RevPAR mostly resilient as tourism activity normalises

Weekly Inflows: Raffles Medical, Beng Kuang and Guocoland directors raise stakes

The four trading sessions saw 70 director interests and substantial shareholdings filed for more than 30 primary-listed stocks. Directors or CEOs filed 12 acquisitions and three disposals, while substantial shareholders filed 10 acquisitions and 11 disposals.1. $Raffles Medical(BSL.SI)$On Oct 29, Raffles Medical Group executive chairman Loo Choon Yong acquired 1.1 million shares at an average price of S$0.89 apiece. This increased his total interest from 55.3% to 55.36%.Since February, Dr Loo has been gradually increasing his total interest in the stock from 53.02%. On Sep 26, he bought 470,000 shares at an average price of S$0.889 per share.2. $Beng Kuang(BEZ.SI)$On Oct 24, the Ginko-AGT Global Growt
Weekly Inflows: Raffles Medical, Beng Kuang and Guocoland directors raise stakes

Weekly | Why Hongkong Land Lead the Market this Week?

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,554.47 points, down 1.08% points last week.During the last 5 trading days, $HongkongLand USD(H78.SI)$, $Olam Group(VC2.SI)$, $Yanlord Land(Z25.SI)$, $Bumitama Agri(P8Z.SI)$ and $JMH USD(J36.SI)$ are the top 5 weekly gainers, up 13.99%,12.96%, 8.53%, 6.41% and 4.94% respectively. $SEMBCORP INDUSTRIES LTD(U96.SI)$, $The
Weekly | Why Hongkong Land Lead the Market this Week?

Weekly Inflows: Sembcorp, GuocoLand and TOTM directors raise stakes

For a second consecutive week, fewer director interests and substantial shareholdings were filed than the usual quota, with 40 filings for less than 20 primary-listed stocks.Directors or CEOs filed seven acquisitions, and two disposals, while substantial shareholders filed seven acquisitions and six disposals.1. $SEMBCORP INDUSTRIES LTD(U96.SI)$ On Oct 16, Sembcorp Industries’ subsidiary, Sembcorp Financial Services, priced S$350 million 3.65% certified rate guaranteed notes due 2036 under its S$5 billion Euro Medium Term Note (EMTN) Programme Series 001 Notes.The offering was nearly four times oversubscribed, attracting strong demand from a diverse group of high-quality fixed income investors, including global insurance companie
Weekly Inflows: Sembcorp, GuocoLand and TOTM directors raise stakes

Weekly | Why DFI Retail Group Lead the Market this Week?

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,593.41 points, down 1.29% points last week.During the last 5 trading days, $DFIRG USD(D01.SI)$, $SATS LTD.(S58.SI)$, $Keppel DC Reit(AJBU.SI)$, $IHH(Q0F.SI)$ and $Bumitama Agri(P8Z.SI)$ are the top 5 weekly gainers, up 7.76%, 6.93%, 4.89%, 4.11% and 4.00% respectively.$Mapletree PanAsia Com Tr(N2IU.SI)$, $NIO Inc.(N
Weekly | Why DFI Retail Group Lead the Market this Week?

Weekly Inflows: CNMC, Travelite, Noel Gifts and LMS Compliance directors raise stakes

The five trading sessions saw less director interests and substantial shareholdings filed than the usual quota, with 45 filings for just over 20 primary-listed stocks. Directors or CEOs filed 10 acquisitions, and no disposals, while substantial shareholders filed six acquisitions and five disposals. 1. $CNMC Goldmine(5TP.SI)$On Oct 16, CNMC Goldmine Holdings Executive Chairman Lin Xiang Xiong acquired 2 million shares in a married deal at S$0.18 per share. This increased his direct interest from 0.72% to 1.21%, bringing his total interest to 27.61%.He is also the founder of CNMC Goldmine and father of CEO and Executive Director Chris Lim Kuoh Yang. Professor Lin formulates the Group’s strategic plans and policies, oversees daily mining
Weekly Inflows: CNMC, Travelite, Noel Gifts and LMS Compliance directors raise stakes

S-REITs announce their schedule for upcoming earnings season

Around three quarters of REITs & Property Trusts in Singapore have confirmed dates of release of their financial results or business updates for the respective periods ended 30 Sep 2024. Among them, 22 will report business updates and 8 will report financial results.1. $ParkwayLife Reit(C2PU.SI)$$ParkwayLife Reit(C2PU.SI)$ kicked off the current financial reporting season for S-REITs with the release of its third-quarter business updates last week. Gross revenue for the year-to-date 3Q24 period declined by 2.2% year-on-year, mainly due to depreciation of the Japanese yen.However, PLife REIT’s distribution per unit (DPU) for the year-to-date 3Q24 period was 2.8% higher year-on-year at 11.30 cents
S-REITs announce their schedule for upcoming earnings season

Weekly | Why Delta TH SDR Lead the Market this Week?

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,640.19 points, up 1.86% points last week.During the last 5 trading days, $Delta TH SDR(TDED.SI)$, $Gulf TH SDR(TGED.SI)$, $Sinarmas Land(A26.SI)$, $AIS TH SDR(TADD.SI)$ and $TheHourGlass(AGS.SI)$ are the top 5 weekly gainers, up 11.52%, 7.48%, 7.02%, 6.60% and 5.63% respectively.$t PTTEP TH SDR(TPED.SI)$, $Advent Technologies Holdin
Weekly | Why Delta TH SDR Lead the Market this Week?

Weekly Inflows: Dyna-Mac, Zixin, Overseas Edu, Noel Gifts & Stamford Directors acquire stock

The five trading sessions saw less director interests and substantial shareholdings filed that the usual amount, with 50 filings for close to 30 primary-listed stocks. Directors or CEOs filed five acquisitions, and one disposal, while substantial shareholders filed eight acquisitions and nine disposals. 1. $Dyna-Mac(NO4.SI)$On Oct 7, Morgan Stanley & Co. International increased its direct interest in Dyna-Mac Holdings above the 6% threshold, from 5.45% to 6.23%.The 9,059,800 shares were acquired by MSIP in a market transaction at an average price of S$0.569 per share. MSIP is a wholly owned UK-based broker-dealer of Morgan Stanley. The deemed interests of Mitsubishi UFJ Financial Group Inc are also impacted as it is holding more than 20
Weekly Inflows: Dyna-Mac, Zixin, Overseas Edu, Noel Gifts & Stamford Directors acquire stock

Weekly | Why SingPost Lead the Market this Week?

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,573.76 points, down 0.43% points last week.During the last 5 trading days, $SingPost(S08.SI)$, $Gulf TH SDR(TGED.SI)$, $Delta TH SDR(TDED.SI)$ , $IFAST(AIY.SI)$ and $Top Glove(BVA.SI)$ are the top 5 weekly gainers, up 11.70%, 10.43%, 8.75%, 6.28% and 4.84% respectively. $Siam Cement TH SDR(TSCD.SI)$, $Yanlord Land(Z25.SI)$,
Weekly | Why SingPost Lead the Market this Week?

Weekly Inflows: Raffles Medical, Far East Orchard, LMS, ABR & Goodland directors acquire stock

The five trading sessions saw more than 120 director interests and substantial shareholdings filed for close to 50 primary-listed stocks. Directors or CEOs filed 19 acquisitions and no disposals, while substantial shareholders filed nine acquisitions and five disposals. 1. $Raffles Medical(BSL.SI)$ On Sep 26, Raffles Medical Group executive chairman Dr Loo Choon Yong acquired 470,000 shares at an average price of S$0.889 per share. This increased his total interest from 55.27% to 55.3%. Since late-February, Dr Loo has been gradually raising his total interest in the stock from 53.02%, with 7.02 million shares added to his total interest over August and September.2. $Far East Orchard(O10.SI)$
Weekly Inflows: Raffles Medical, Far East Orchard, LMS, ABR & Goodland directors acquire stock

S-Reits log best quarterly performance since 2020

Improved investor sentiment over the path of interest rates fuelled a strong rally in Singapore-listed real estate investment trusts (S-Reits) during the third quarter of 2024, with the sector logging one of its best quarters on record.The FTSE ST Reit Index rose 13.6% to 714.76 points for the three months ended September 2024, marking its best quarterly performance since Q2 2020. It delivered total returns of 16.4% during the quarter, assuming dividends were re-invested in the index.Meanwhile, the iEdge S-Reit Index rallied 14.7% in its best quarterly performance since its inception in 2010. Prior to this, the index’s best quarterly performance was in Q2 2020, when it rose 14.1%.S-Reits log best quarterly performance since 2020 with double-digit returns in Q3The rally in Q3 2024 came amid
S-Reits log best quarterly performance since 2020

Weekly Inflows: Raffles Medical, Centurion, ABR & Noel Gifts directors acquire stock

The five trading sessions saw more than 140 director interests and substantial shareholdings filed for 40 primary-listed stocks. Directors or CEOs filed 17 acquisitions, and one disposal, while substantial shareholders filed 11 acquisitions and 11 disposals. The 140 filings were larger than the usual weekly quota due to director participations in performance share plans. This included SATS President and CEO Kerry Mok Tee Heong who was granted unvested shares under the SATS Restricted & Performance Share Plans. 1. $Raffles Medical(BSL.SI)$ Between Sep 24 and 25, Raffles Medical Group executive chairman Loo Choon Yong acquired 2.15 million shares at S$0.89 per share. This increased his total interest from 55.16% to 55.27%. Since, late Feb
Weekly Inflows: Raffles Medical, Centurion, ABR & Noel Gifts directors acquire stock

Weekly | Why Sinarmas Land Lead the Market this Week?

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,573.36 points, down 1.42% points last week.During the last 5 trading days, $Sinarmas Land(A26.SI)$, $HPH Trust USD(NS8U.SI)$, $NIO Inc.(NIO.SI)$, $CapLand China T(AU8U.SI)$ and $DFIRG USD(D01.SI)$ are the top 5 weekly gainers, up 28.00%, 19.05%, 15.19%, 14.00% and 13.54% respectively.$Kasikorn Bank TH SDR(TKKD.SI)$, $DBS Group Hol
Weekly | Why Sinarmas Land Lead the Market this Week?

🏖️🛫2019 Visitor Levels Near, Eyes to 9 SGX Travel Stocks

SINGAPORE’S international visitor arrivals are approaching 2019 level.Singapore welcomed 11.3m tourist from Jan-aug 2024, compared to 12.8m during the same period in 2019, representing just 12% lower than the 2019 level.Strategy and planning 2023 - 2025 by Switzerland Tourism - IssuuBelow are 9 notable tourism related stocks in $Straits Times Index(STI.SI)$ :Cumulative Return %Annualised Return %Ticker2024 YTD3-year5-yearLast PriceBloomberg 12-month Target PriceUpside %$SIA(C6L.SI)$6.914.613.326.616.45-2.46%$ComfortDelGro(C52.SI)$12.743.84-5.061.51.6610.52%$Far East HTrust(Q5T.SI)$3.617.034.020.6450.7820.93%
🏖️🛫2019 Visitor Levels Near, Eyes to 9 SGX Travel Stocks

Weekly Inflows: UMS, Suntec REIT, Centurion, Ho Bee Land & Noel Gifts directors acquire stock

The five trading sessions saw 70 director interests and substantial shareholdings filed for more than 30 primary-listed stocks. Directors or CEOs filed 15 acquisitions, and one disposal, while substantial shareholders filed six acquisitions and three disposals. 1. $UMS(558.SI)$ On Sep 12, UMS Integration Chairman and CEO Andy Luong acquired 600,000 shares at an average price of S$0.983 per share. This increased his deemed interest in the from 15.25% to 15.34%. His preceding acquisition on the open market was on May 16, with 123,600 shares acquired at S$1.07 per share. 2. $Suntec Reit(T82U.SI)$ On Sep 17, ESR Trust Management (Suntec) Limited Chairman and Non-Executive Director Chew Gek Khim
Weekly Inflows: UMS, Suntec REIT, Centurion, Ho Bee Land & Noel Gifts directors acquire stock

S-Reits gain 1.7% after Fed’s rate cut

After the recent softening in jobs data and inflation figures, the US Federal Reserve declared its first rate reduction in four years, decreasing the overnight borrowing rate by 50 basis points or half a percentage point, in line with market expectations. This brings the fed funds rate to a range of 4.75 to 5%.The Fed has indicated additional rate cuts, forecasting another 50 basis points this year, a full percentage point in 2025, and half a percentage point in 2026. However, the Fed has also raised its projection for the longer run rate to 2.9% from 2.8%, which is significantly higher from 2.5% in December 2023 and the highest since 2018.Locally, the iEdge S-REIT Index rose 1.7% on 19 September following overnight developments. Across all S-REITs and Property Trusts, there were 30 advanc
S-Reits gain 1.7% after Fed’s rate cut

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