To The Moon

Singapore’s Big Three banks delivered their Q2 report cards within a 24-hour window. DBS reported first on August 6, followed by $OCBC Bank(O39.SI)$ and $UOB(U11.SI)$ on August 7. At first glance, all three delivered year-on-year profit growth. But once the numbers are compared side by side, the differences become much clearer. This earnings season was not simply about who made the most money. The bigger question was which bank adapted best to a lower-rate environment, found new sources of growth and gave investors the strongest reason to keep buying. As of post， $DBS(D05.SI)$ YTD 2026 is 33.12%， $UOB(U11.SI)$ YT

1.Top 10 Traded Stocks/ETF/SDR by Value $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ $UOB(U11.SI)$ $SGX(S68.SI)$ $Singtel(Z74.SI)$ $YZJ Shipbldg SGD(BS6.SI)$ $CapLand Ascendas REIT(A17U.SI)$ $ST Engineering(S63.SI)$ $Keppel DC Reit(AJBU.SI)$ $Keppel(BN4.SI)$ 2.Stocks/ETF/SDR Hit 52-week High $DBS(D05.SI)$

1.Top 10 Traded Stocks/ETF/SDR by Value $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ $Singtel(Z74.SI)$ $UOB(U11.SI)$ $CapLand IntCom T(C38U.SI)$ $Keppel DC Reit(AJBU.SI)$ $SGX(S68.SI)$ $CapLand Ascendas REIT(A17U.SI)$ $YZJ Shipbldg SGD(BS6.SI)$ $AEM SGD(AWX.SI)$ 2.Stocks/ETF/SDR Hit 52-week High $SATS(S58.SI)$ <

Global equities delivered mixed returns in July, with strong gains in Hong Kong, Singapore and selected Southeast Asian markets offset by weakness in Japan, South Korea and China.  July's market leadership differed markedly from 1H26. Semiconductor-related stocks that had generated some of the strongest gains in the first half of the year experienced profit-taking, while banks, REITs, property and transport-related stocks emerged among the month's leading performers. Unlike several North Asian markets, Singapore benefited from its heavier weighting in financial, industrial and transport-related stocks, helping local benchmarks outperform despite profit-taking in semiconductor-related names.  The $Straits Times Index(STI.SI)$ 's 8.8% ad

$All-Link A&S(ALK.SI)$ is a regional logistics solutions provider, delivering end-to-end logistics, freight solutions, and supply chain management internationally, with a focus on the ASEAN region, and cross-border e-commerce, and electronics shipments. The Group operates an asset-light business model focusing primarily on freight forwarding, coordination, and value-added logistics services rather than owning fixed assets such as aircraft, vessels or warehouse infrastructure. The Group maintains an established operational footprint spanning core hubs in Singapore, Malaysia, and the Philippines, alongside localised network partnerships across Thailand and Vietnam. Freight forwarding involves facilitating the efficient movement of goods across

Retail flows moving from trading to accumulation Retail investors have net bought close to S$20 billion of Singapore equities since 2020, while combined STI ETF retail AUM has grown fivefold from S$884 million to S$4.2 billion. This AUM also rose 74% over the past 12 months, highlighting how systematic investing has gained ground alongside traditional stock selection during the recent $Straits Times Index(STI.SI)$ rally. The shift suggests regular passive investing is becoming part of the core retail toolkit, with investors increasingly using ETFs to build market exposure through accumulation rather than one-off trading decisions. Regular STI ETF investing captured recent market returns The growth in STI ETF assets has coincided with strong unde

1.Top 10 Traded Stocks/ETF/SDR by Value $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ $Singtel(Z74.SI)$ $UOB(U11.SI)$ $SIA(C6L.SI)$ $CapitaLandInvest(9CI.SI)$ $YZJ Shipbldg SGD(BS6.SI)$ $CapLand IntCom T(C38U.SI)$ $Keppel DC Reit(AJBU.SI)$ $ST Engineering(S63.SI)$ 2.Stocks/ETF/SDR Hit 52-week High $IX Biopharma(42C.SI

Higher ROE Continued to Attract Higher Valuations  The positive relationship between profitability and valuation remained evident across the SGX small and mid-cap (SMID) universe. Across approximately 220 SGX SMIDs, including S-REITs, median price-to-book (P/B) multiples increased from 0.55x in the lowest return on equity (ROE) quartile to 2.25x in the highest ROE quartile. ROE and P/B recorded a Spearman rank correlation of 0.62. A Spearman rank correlation measures how closely two variables move together when ranked, with a reading of 1.0 indicating a perfect positive relationship. The 0.62 reading indicates a relatively strong positive association, with companies generating higher returns on shareholder capital generally also ranking among those trading at higher valuation multiple

Over the first seven months of 2026 (7M26), more than 70 primary-listed companies in Singapore have collectively repurchased S$1.9 billion worth of shares on the open market, up from around S$1.3 billion during 7M25, and S$772 million in 7M24. Buyback activity remained concentrated among the largest issuers, with $Singtel(Z74.SI)$ accounting for almost half of the aggregate 7M26 buyback consideration. MU Pic 1 Companies repurchase shares to support employee compensation plans or to deploy surplus capital more effectively. ACRA maintains that buybacks can enhance key financial metrics such as Earnings per Share (EPS) and Return on Equity (ROE), take advantage of perceived undervaluation, and reduce the overall cost of capital. The table below det

1.Top 10 Traded Stocks/ETF/SDR by Value $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ $UOB(U11.SI)$ $Singtel(Z74.SI)$ $Seatrium Ltd(5E2.SI)$ $CapLand IntCom T(C38U.SI)$ $Keppel(BN4.SI)$ $YZJ Shipbldg SGD(BS6.SI)$ $CapLand Ascendas REIT(A17U.SI)$ $ST Engineering(S63.SI)$ 2.Stocks/ETF/SDR Hit 52-week High $SATS(S58.SI)$