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SG Morning Call | Singapore Power Rates to Fall From Record After Fuel Price Drop

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.4%; Keppel, YZJ Shipbldg fell 1%; OCBC fell 0.7%; DBS, SIA fell 0.6%; UOB, SGX fell 0.4%. Stocks in Focus $DBS(D05.SI)$: The bank on Thursday said it has appointed Gautam Banerjee to the boards of DBS Group Holdings and DBS Bank, with immediate effect. Banerjee is currently chairman and senior managing director of Blackstone Singapore. He also serves on the boards of Singtel and GIC. Shares of DBS fell 1.1 per cent or S$0.88 to close at S$77.50 on Wednesday. $DFI Retail(D01.SI)$: The group is set to take over the Starbucks business in Asia from Maxim’s Caterers, it said on Wednesday. DFI indirectly holds a 50 per cent stake in Maxim
SG Morning Call | Singapore Power Rates to Fall From Record After Fuel Price Drop
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09-30 09:02

SG Morning Call | Singapore Stocks Open Higher; Singapore To Allocate S$1.45B To Asset Managers To Boost Equity Market

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.2%; AJBU rose 0.95%; M44U rose 0.92%; G13 rose 0.81%; U11 rose 0.4%. Stocks in Focus $Accrelist Ltd(QZG.SI)$: The Catalist-listed medical aesthetics and technology group, on Tuesday defended its proposed RM30 million (S$9.5 million) divestment of its stake in Malaysia-listed MClean Technologies. This followed queries from the Singapore Exchange over the transaction’s mechanics, pricing and the identities of the buyers. Accrelist shares fell 4.5 per cent to close S$0.008 lower at S$0.171 on Tuesday, before the news. $UMS(558.SI)$: The company called for its trading halt to be lifted after it announced a Malaysia placement of 59.4 m
SG Morning Call | Singapore Stocks Open Higher; Singapore To Allocate S$1.45B To Asset Managers To Boost Equity Market
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09-29 09:02

SG Morning Call | Singapore Stocks Open Higher; Singapore Factory Output Jumps 15.4% In August, Misses Forecasts Despite AI-Driven Chip Demand

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.1%; S58 rose 0.8%; C6L rose 0.7%; U11 rose 0.5%. Stocks in Focus $Mapletree Ind Tr(ME8U.SI)$: The trust is set to sell a data centre property in the US for about US$9.8 million in cash after current tenant DataBank Properties gave notice of its intention to exercise an option to purchase the building. Net proceeds from the sale may be used to pare down debts and/or fund working capital requirements, its manager said on Tuesday. Units of Mapletree Industrial Trust rose 0.5 per cent or S$0.01 to close at S$1.87 on Monday. $UMS(558.SI)$: called for a trading halt on Tuesday morning, pending the release of an announcement. Shares of
SG Morning Call | Singapore Stocks Open Higher; Singapore Factory Output Jumps 15.4% In August, Misses Forecasts Despite AI-Driven Chip Demand

SG Morning Call | Singapore Stocks Open Higher; Diesel Price Spikes Fuel Concerns Over Higher Business Costs, Consumer Prices

Market Snapshot Singapore stocks opened Higher on Monday. STI rose 0.2%; U11 rose 1.3%; O39 rose 0.8%; G13 rose 0.8% Stocks in Focus $Centurion(OU8.SI)$: The group has entered into a sale and purchase agreement to acquire Yan Woo Building in North Point, Hong Kong, for HK$364 million (US$46.4 million), it announced on Friday. Shares of Centurion ended flat at S$1.48 on Friday, before the announcement. $Oiltek(HQU.SI)$: The company on Monday said it had submitted an application for its proposed secondary listing on the Bursa Malaysia on Sep 25. The final structure, size and issue/offer price of the proposed offering will be determined at a later date, it noted, and will be announced in due course. The
SG Morning Call | Singapore Stocks Open Higher; Diesel Price Spikes Fuel Concerns Over Higher Business Costs, Consumer Prices

SGX Weekly Review | STI Rises 1%; YZJ Maritime Jumps 5%; Keppel Rallies 3%; SIA, OCBC, UOB Gain 2%; DBS Climbs 1%

Singapore stocks ended higher on Friday (Sep 25), led by gains across the three local banks. For the week, the STI gained 1 per cent. In terms of individual stocks, YZJ Maritime rose 5.1%; ST Engineering rose 4.2%; SIA Engineering rose 2.6%; Keppel rose 2.5%; SIA rose 2.2%; OCBC rose 2%; UOB rose 1.9%; DBS rose 1.5%; Singtel fell 1.6%. Market News Singapore Inflation Up for Third Month to Highest Since 2024 Singapore inflation accelerated for a third month in a row to the highest in almost two years, pushing prices closer to the upper end of the central bank’s forecast range. Core inflation, which excludes housing and private transportation costs, accelerated in August to 2.2% from a year earlier, the Singapore Department of Statistics said on Wednesday. That’s the highest since September
SGX Weekly Review | STI Rises 1%; YZJ Maritime Jumps 5%; Keppel Rallies 3%; SIA, OCBC, UOB Gain 2%; DBS Climbs 1%

SG Morning Call | Singapore Stocks Open Nearly Flat, STI Edges Up, UMS Gains 1.8%

Market Snapshot Singapore stocks opened nearly flat on Friday, with the STI edging higher. UMS gained 1.8%, OCBC Bank rose 0.6%, UOL fell 0.8%, and JMH USD dropped 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Friday (Sep 25): Far East Orchard : The developer on Thursday said that Borough High Street Development, its UK joint venture, is set to buy a London property for £60 million (US$79.3 million). The site, known as King’s Place, will be developed into a 444-bed purpose built student accommodation and a separate eight-unit key worker accommodation block. Shares of Far East Orchard closed flat at S$1.06 on Thursday, before the news. CSE Global : The systems integrator said on Thursday that it has secured two electrificat
SG Morning Call | Singapore Stocks Open Nearly Flat, STI Edges Up, UMS Gains 1.8%

SG Morning Call | STI Open Flat; UMS Rises 1.5% in Early Trading, AEM SGD Falls Over 2%, UOL Drops More Than 1%

Market Snapshot On Thursday, September 24, Singapore stocks opened nearly flat. UMS rose 1.5% in early trading, Kep Infra Tr gained 1%, AEM SGD fell 2.4%, UOL dropped over 1%, JMH USD declined 0.7%, while Singtel, OCBC Bank and DBS edged lower. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Thursday (Sep 24): Keppel Real Estate Investment Trust (Reit) : The manager of the trust on Wednesday said that it has entered an agreement to sell T Tower – a freehold Grade A office building in Seoul – to a real estate fund based in South Korea, valued at 348.8 billion won (US$255.8 million). This price represents a 37.2 per cent premium to the property’s purchase price upon acquisition in April 2019, and a 7.4 per cent premium to its valuat
SG Morning Call | STI Open Flat; UMS Rises 1.5% in Early Trading, AEM SGD Falls Over 2%, UOL Drops More Than 1%

SG Morning Call | STI Falls About 0.5% in Early Trading; AEM SGD, UMS Gain Over 1%, OCBC Bank Drops More Than 1%

Market Snapshot Singapore's STI index fell rapidly by about 0.5% in early trading on Wednesday. $AEM SGD(AWX.SI)$ and $UMS(558.SI)$ rose more than 1%, while UOL gained 0.9%; on the other hand, OCBC Bank dropped more than 1%, DBS fell 0.75%, and JMH USD declined 0.5%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 23): SIA Engineering : Singapore Aero Engine Services Private Limited (SAESL), a joint venture between SIA Engineering and Rolls Royce, will offer 30 work-study diploma placements in 2027 to Institute of Technical Education, Republic Polytechnic and Temasek Polytechnic students. Additionally, a SAESL collaboration
SG Morning Call | STI Falls About 0.5% in Early Trading; AEM SGD, UMS Gain Over 1%, OCBC Bank Drops More Than 1%

SG Morning Call | Singapore STI Opens Slightly Lower Tuesday; AEM SGD Surges Over 6%

Market Snapshot Singapore's STI opened slightly lower on Tuesday. AEM SGD surged more than 6%, UMS gained 1.8%, and DBS rose 0.2%. On the downside, JMH USD fell 0.9%, while Singtel, OCBC Bank, and UOL posted modest declines. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 22): Mapletree Logistics Trust (MLT) : Its manager on Monday said Mapletree Northwest Logistics Park (Phase 1 and 2) in Shanghai, China, will be sold for 323 million yuan (US$48.2 million), to an unrelated third party. The property has a combined gross floor area of about 37,558 square metres. MLT’s manager said its sale price is in line with its valuation price of 323 million yuan as at Mar 31. The proposed divestment is expected to be completed by
SG Morning Call | Singapore STI Opens Slightly Lower Tuesday; AEM SGD Surges Over 6%

SG Morning Call | STI Opens Flat; AEM SGD Surges Nearly 5%, UMS Up Over 1% in Early Trade

Market Snapshot On Monday, Singapore's STI opened flat. $AEM SGD(AWX.SI)$ surged nearly 5% in early trade, while UMS gained over 1%. DBS, OCBC Bank and UOL edged higher, whereas JMH USD fell over 0.5% and Singtel slipped 0.2%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Sep 21): Suntec Reit : The real estate investment trust (Reit) will focus on the growth of its Singapore assets while reducing its overseas exposure, starting with Australia. The Reit’s manager on Monday said it intends to sell three properties in Australia, located at 177 Pacific Highway, 21 Harris Street and 477 Collins Street. This follows a strategic review of its portfolio after the change of its s
SG Morning Call | STI Opens Flat; AEM SGD Surges Nearly 5%, UMS Up Over 1% in Early Trade

SGX Weekly Review | STI Falls for Second Consecutive Week; Bumitama Agri Soars Over 21%, First Resources Up More Than 17%; CPIB Hauls Multi-Chem CEO, COO

This week, Singapore stocks continued to pull back, with the STI posting a weekly decline of 0.7%. Among individual stocks, $Bumitama Agri(P8Z.SI)$ surged more than 21% for the week, while $First Resources(EB5.SI)$ gained over 17%. On the downside, $IHH(Q0F.SI)$ plunged more than 11%, and $DFIRG USD(D01.SI)$ fell 10.86%. In addition, $YZJ Shipbldg SGD(BS6.SI)$ rose 3.82% for the week, $ST Engineering(S63.SI)$ added 1.86%, and $UOB(U11.SI)$ gained 1.26%.
SGX Weekly Review | STI Falls for Second Consecutive Week; Bumitama Agri Soars Over 21%, First Resources Up More Than 17%; CPIB Hauls Multi-Chem CEO, COO

SG Morning Call | STI Falls 0.3%; ST Engineering up over 4%; CityDev, YZJ Maritime, Frencken, PC Partner, AEM SGD up over 2%

Market Snapshot Singapore stocks opened lower on Friday. STI fell 0.3%; ST Engineering up over 4%; CityDev, YZJ Maritime, Frencken, PC Partner, AEM SGD up over 2%. Stocks in Focus $Banyan Group(B58.SI)$: The hospitality firm announced on Thursday a strategic partnership with Newmark Hotels & Reserves, a Cape Town-headquartered hospitality management company, and the acquisition of a majority stake in Newmark under a phased ownership structure leading to full ownership over time. Newmark has a managed portfolio of 26 hotels, lodges and reserves across seven countries. Shares of Banyan Group ended flat at S$0.495 on Thursday. $Multi-Chem(AWZ.SI)$: The mainboard-listed IT distribution firm announced
SG Morning Call | STI Falls 0.3%; ST Engineering up over 4%; CityDev, YZJ Maritime, Frencken, PC Partner, AEM SGD up over 2%

SG Morning Call | STI Opens 0.3% Higher; Bumitama Agri, ThaiBev, Seatrium Ltd, UOB up Around 1%; First Resources, Olam Group, StarHub Down Around 1%

Market Snapshot Singapore stocks opened higher on Thursday. STI rose 0.3%; Bumitama Agri, ThaiBev, Seatrium Ltd, UOB up around 1%; First Resources, Olam Group, StarHub down around 1%. Stocks in Focus $Ultragreen.ai(UGS.SI)$: The group on Wednesday said it is still focused on maintaining US market share despite a competitive environment. It is “actively engaging” with distribution partners in the US amid its broader growth strategy. This comes after pharmaceutical competitor Zydus Lifesciences secured regulatory approval for its indocyanine green dye in August. Its statement on Wednesday comes ahead of its third-quarter financial results, set to be released before market open on Oct 29. The stock ended flat at US$0.555 on Wednesday, prior to the
SG Morning Call | STI Opens 0.3% Higher; Bumitama Agri, ThaiBev, Seatrium Ltd, UOB up Around 1%; First Resources, Olam Group, StarHub Down Around 1%

SG Morning Call | STI Rises 0.14%; Golden Agri-Res, China Aviation, Hong Leong Asia, Cent Accom REIT, OCBC Bank up Around 1%; Singtel, IFast, SATS Down Slightly

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.14%; Golden Agri-Res, China Aviation, Hong Leong Asia, Cent Accom REIT, OCBC Bank up around 1%; Singtel, iFast, SATS down slightly. Stocks in Focus $Singapore Airlines(C6L.SI)$ (SIA): The national carrier on Tuesday said its passenger traffic for August was up 1.5 per cent year on year at 13.8 million revenue passenger-kilometre on “healthy demand”. Its passenger capacity rose 3.5 per cent to 16 million available seat kilometres, and the number of passengers carried was up 3.6 per cent at 3.7 million across the same time frame. Growth in both passenger traffic and capacity was mainly in East Asia, Europe and the South-west Pacific. The counter closed 0.3 per cent or S$0.02 l
SG Morning Call | STI Rises 0.14%; Golden Agri-Res, China Aviation, Hong Leong Asia, Cent Accom REIT, OCBC Bank up Around 1%; Singtel, IFast, SATS Down Slightly

SG Morning Call | STI Falls 0.3%; Bumitama Agri Down over 2%; SGX, Seatrium, Genting Sing, SIA Down Nearly 1%; YZJ Maritime, Kep Infra Tr up Nearly 1%

Market Snapshot Singapore stocks opened lower on Tuesday. STI fell 0.3%; Bumitama Agri down over 2%; SGX, Seatrium, Genting Sing, SIA down nearly 1%; YZJ Maritime, Kep Infra Tr up nearly 1%. Stocks in Focus $Sats(S58.SI)$: The group inked a memorandum of understanding with KLN Logistics on Monday to advance temperature-controlled and time-critical shipments. They will focus on end-to-end handling solutions supporting the transport and storage of sensitive cargo, and expedited shipments. The aim is to jointly develop and scale solutions across networks in Asia, Europe and the Americas, allowing the end-to-end supply chain to be more connected. $Yangzijiang Shipbuilding(BS6.SI)$: According to shipbroker
SG Morning Call | STI Falls 0.3%; Bumitama Agri Down over 2%; SGX, Seatrium, Genting Sing, SIA Down Nearly 1%; YZJ Maritime, Kep Infra Tr up Nearly 1%

SG Morning Call | STI Opens 0.3% Lower; SGX Down 2.6%; Singtel, UOL, Seatrium, iFast, CityDev Down Around 1%; PanUnited, Haw Par up Nearly 2%

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.3%; SGX down 2.6%; Singtel, UOL, Seatrium, iFast, CityDev down around 1%; PanUnited, Haw Par up nearly 2%. Stocks in Focus $Singtel(Z74.SI)$: Singtel-owned telecom carrier Optus experienced an outage on its network on Friday, which affected users across three states and disrupted some emergency services calls. The 76-minute technical glitch affected Optus voice calling services in parts of Victoria, South Australia, Tasmania states and the Northern Territory. Optus apologised on Saturday. SG Local News SGX Securities Trading Value Climbs 35% on Year in August on Retail Buying, STI Rally The securities daily average value (SDAV) on the Singapore Exchange (SGX) jumped 35 per cent
SG Morning Call | STI Opens 0.3% Lower; SGX Down 2.6%; Singtel, UOL, Seatrium, iFast, CityDev Down Around 1%; PanUnited, Haw Par up Nearly 2%

SGX Weekly Review | STI Falls 1.8%; Top Glove Soars 22%; AEM SGD Gains 12%; Ambiq Micro Jumps 9%; Frencken, PC Partner Rise around 6%; OCBC, DBS, UOB Fall Around 2%

Singapore stocks fell this week, with the STI down 1.8%, with investors cautious over fresh conflict in the Strait of Hormuz and a second consecutive day of oil rising above US$100 per barrel. In terms of individual stocks, $Top Glove(BVA.SI)$ up 22%; $AEM SGD(AWX.SI)$ up 12%; $Ambiq Micro(AMQ.SI)$ up 9%; $Frencken(E28.SI)$, $PC Partner(PCT.SI)$ up around 6%; $OCBC(O39.SI)$, $DBS(D05.SI)$, $UOB(U11.SI)$ fell around 2%. Market News Grab
SGX Weekly Review | STI Falls 1.8%; Top Glove Soars 22%; AEM SGD Gains 12%; Ambiq Micro Jumps 9%; Frencken, PC Partner Rise around 6%; OCBC, DBS, UOB Fall Around 2%

SG Morning Call | Grab Said to Be In Talks to Buy Singapore Fintech Firm Atome

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.2%; D05 fell 0.2%; U11 rose 0.37%; O39 rose 0.6% Stocks in Focus $SGX(S68.SI)$: The securities daily average value on the exchange rose 35 per cent year on year in August to S$2.2 billion, driven by robust retail interest in real estate investment trusts and small to mid-cap stocks, alongside a record-breaking rally in the Straits Times Index. The total securities market turnover for the month rose 29 per cent year on year to S$43.3 billion. SGX shares fell 0.4 per cent or S$0.10 to close at S$24.68 on Thursday. $Oiltek(HQU.SI)$: Oil prices rose more than 6 per cent on Thursday, with both Brent and West Texas Intermediate (WTI)
SG Morning Call | Grab Said to Be In Talks to Buy Singapore Fintech Firm Atome

SG Morning Call | Singapore Stocks Open Lower; DBS Sued for US$1 Billion In 1MDB-Linked Claim

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.4%; Keppel fell 1%; SIA fell 0.9%; Singtel fell 0.7%; DBS fell 0.6%. Stocks in Focus $DBS(D05.SI)$: The local bank on Wednesday said it “categorically rejects” a S$1.298 billion claim for damages in a lawsuit filed by several entities linked to the 1Malaysia Development Berhad scandal. DBS has consulted various legal advisers on this matter and also assessed that no provisions are required at this stage. DBS shares ended Wednesday at S$77.50, down 0.8 per cent or S$0.60, before its bourse filing. $KOREReitUSD(CMOU.SI)$: The manager of the Reit announced on Wednesday that it has secured a new S$120 million loan facility. Upon drawdo
SG Morning Call | Singapore Stocks Open Lower; DBS Sued for US$1 Billion In 1MDB-Linked Claim

SG Morning Call | Singdollar Emerges as Safe Haven Currency Amid US Dollar Volatility

Market Snapshot Singapore stocks opened lower on Wednesday. STI fell 0.2%; Yangzijiang Shipbuilding fell 1%; Seatrium fell 0.9%; Singtel fell 0.7%; SIA fell 0.5%; Keppel fell 0.3%. Stocks in Focus $Mapletree Logistics Trust(M44U.SI)$ (MLT): It has agreed to sell a vacant logistics property in Australia for A$28 million (US$20.2 million), the manager said on Tuesday. MLT on Tuesday also priced 500 million yuan (US$74.5 million) worth of a three-year offshore renminbi bond, which bears a coupon of 2.1 per cent per annum. Units of MLT closed 0.9 per cent or S$0.01 lower at S$1.15 before the announcements. $Singapore Airlines(C6L.SI)$ (SIA): The carrier on Tuesday said its investments in India are funded
SG Morning Call | Singdollar Emerges as Safe Haven Currency Amid US Dollar Volatility

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