🐯 Yangzijiang’s US$7B Order Haul, UOB −5%: What Moves the STI Next?
Hey Tigers! 🐯 Singapore’s Straits Times Index rose 1.5% to 5,258.59 on November 10, with $YZJ Shipbldg SGD(BS6.SI)$ leading the index at +5.5%. Then came the shipbuilder’s update: 87 vessels and US$6.98 billion in new orders. The catch? The update arrived at 5:06 p.m. SGT, after the session that produced the rally. My take: $YZJ Shipbldg SGD(BS6.SI)$ has the clearest industrial catalyst in this batch. UOB has the clearest test of whether a weak earnings reaction can reverse. One needs to turn its order book into profitable deliveries. The other needs a better margin outlook. 1 | $YZJ Shipbldg SGD(BS6.SI)$’s or
Positive Rental Reversions Support S-REITs' Recent Resilience
As of Nov 5, most real estate investment trusts in Singapore (S-REITs) have released their financial results or business updates for the period ended Sep 30. While positive rental reversions emerged as a dominant theme across the sector, distributions remained mixed, as portfolio occupancy, currency fluctuations, and prevailing financing costs influenced distribution per unit (DPU) performance. The top five most traded S-REITs year-to-date (YTD), namely $CapLand IntCom T(C38U.SI)$ (CICT), $CapLand Ascendas REIT(A17U.SI)$ (CLAR), $Keppel DC Reit(AJBU.SI)$ (KDC REIT), $Mapletree Log Tr(M44U.SI)$ (MLT) an
Over the five sessions through to 5 November, close to 80 filings relating to directors’ interests and substantial shareholdings were filed for close to 40 primary-listed stocks. Directors or CEOs reported 21 acquisitions and five disposals, while substantial shareholders filed seven acquisitions and no disposals. More broadly, institutions were net sellers over the five sessions, recording net outflows of S$140.9 million. 1. $Aspial Lifestyle(5UF.SI)$ Aspial Lifestyle Chairman Adds Shares While Reducing Fixed-Income Holdings Between 30 October and 3 November, Koh Wee Seng, Chairman and Non-Executive Director of Aspial Lifestyle, acquired an aggregate 1.95 million shares on-market for S$562,800, at an average price of approximately S$0.289
SGX Equity Derivatives Monthly Highlights Oct 2026
SGX October Derivatives Report: Asia’s Defensive Play Amid AI Reassessment October revealed a stark divergence in Asian market sentiment. Impacted by the AI valuation reassessment, the FTSE China A50 dropped 8.2%, driving a surge in defensive hedging demand and pushing A50 futures open interest to an 8-month high. Meanwhile, India showed resilience, with GIFT NIFTY open interest surpassing the $20 billion milestone as foreign net buying returned in the second half of the month. Facing a 5.2% pullback in the STI, Singapore's STI futures DAV skyrocketed to a historic high (3x), with Micro contracts gaining immense popularity. Overall, amid rising bond yields and tech volatility, institutions are actively leveraging derivatives for precise risk hedging and cross-market positioning.
Singapore Tech Stocks Slide 10% as Institutions Pull S$71 Million
Last week, global equity volatility was led by weakness across semiconductors, technology hardware, software and telecommunications stocks, amid concerns over AI spending, regulation and returns following the US midterm elections. Bloomberg reported that the technology sell-off was accompanied by a Treasury rally as investors reassessed the outlook for AI investment, regulation and interest rates. Within the US large- and mid-cap universe, REITs, real estate, consumer staples, healthcare and insurance were among the more resilient sectors. The $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ declined 2.7% and 4.9% respectively over the first four sessions of last week, before recovering 3.4% and 2.4% across Frida
STI Banks Report 16th Consecutive Quarter of S$8B+ NII
The three $Straits Times Index(STI.SI)$ banks, $DBS(D05.SI)$$OCBC Bank(O39.SI)$$UOB(U11.SI)$, reported combined net interest income (NII) of S$8.302 billion in 3Q26, up 2.0% from S$8.142 billion in 2Q26. This marked the 16th consecutive quarter of combined NII above S$8 billion. DBS reported NII of S$3.711 billion, OCBC S$2.313 billion and UOB S$2.278 billion. For context, combined NII has grown from S$4.3 billion in 3Q16 and S$5.2 billion in 3Q21. Combined non-interest income (NOII) fell 18.5% QoQ from S$5.715 billion in 2Q26, with 2Q26 the highest in the quarterly series, to S$4.657 billion in 3Q26. DBS