To The Moon

Singapore stocks rose this week, with the STI up 1%. In terms of individual stocks, $Top Glove(BVA.SI)$ up 30%; $Bumitama Agri(P8Z.SI)$ up 11%; $TheHourGlass(AGS.SI)$, $CMS(8A8.SI)$ up 8%; $Shangri-La HKD(S07.SI)$ fell 10%; $AEM SGD(AWX.SI)$ fell 9%; Market News Top Glove Leads Rubber Glove Stocks Rebound on China-Led Price Hikes Shares of Malaysian glove manufacturers rebounded on Monday, with Top Glove Corporation Bhd leading gains, as higher average selling prices (ASPs) initiated by Chinese producers lifted sentiment acr

Market Snapshot Singapore stocks opened higher on Thursday. STI rose 0.56%; ValueMax up 1.85%; OUEREIT, ST Engineering, SGX, Singtel up around 1%; OCBC Bank, DBS up nearly 1%. Stocks in Focus $ST Engineering(S63.SI)$: It announced on Wednesday that its marine business has secured a six-year subcontract valued at an estimated S$600 million from Abu Dhabi Ship Building (ADSB), a shipbuilder based in the United Arab Emirates. The contract is for the design and supply of platform systems for a fleet of eight missile gun boats that ADSB is constructing for the Kuwait Naval Force. Shares of ST Engineering closed at S$11.10 on Wednesday, up S$0.29 or 2.7 per cent. $Nio(NIO.SI)$: The Chinese electric vehicle

Market Snapshot Singapore stocks opened lower on Wednesday. STI rose 1.91%; YZJ Shipbldg up over 4%; OCBC Bank, YZJ Maritime up around 3%; SGX, HPH Trust, iFast, SATS up around 2%. Stocks in Focus $OCBC(O39.SI)$: From May 1, the bank will lower the interest rate for its 360 Account to 4.45 per cent per annum on the first S$100,000, from the current rate of 5.45 per cent. The move, which marks the first time in 2026 that the lender has revised interest rates for its flagship savings, is “in line with broader market conditions”, an OCBC spokesperson said on Tuesday. OCBC shares closed 1.6 per cent or S$0.34 higher at S$21.97 on Tuesday, before the news. $Yangzijiang Shipbuilding(BS6.SI)$: The vessel mak

Market Snapshot Singapore stocks opened higher on Tuesday. STI up 0.18%; TJ DaRenTang, First Resources up 3%; YZJ Maritime, OCBC Bank, Sembcorp up around 1%. Stocks in Focus $OUE Limited(LJ3.SI)$: The company expects “material variances” between its unaudited interim financial statements for the financial year ended December 2025, released on Feb 27, and its audited financial statements, which will be released in due course. This comes as its share of losses from equity-accounted investees, as reported in the unaudited financial statements, is expected to be reduced by around S$58 million, the group said on Monday. The counter closed on Monday 2.7 per cent or S$0.03 lower at S$1.08, before the news. SG Local News Medical cost inflation in Singap

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.46%; Bumitama Agri up 7.65%; Sembcorp Ind, Kep Infra Tr up around 1%; YZJ Shipbldg down 1%; CapLand India Tr down 3%. Stocks in Focus $DBS(D05.SI)$: The group has entered India’s buoyant equity capital market, marking a push into one of the world’s busiest venues for share sales. The lender secured its first mandate in the country from Manipal Health Enterprises, which filed for an initial public offering last week that is expected to raise about US$1 billion. A DBS spokesperson confirmed the development, saying the bank has expanded into equity capital markets under its merchant banking licence in India and now has a fully operational investment banking platform in the country.

Singapore stocks fell this week, with the STI down 1%. In terms of individual stocks, $UOB Kay Hian(U10.SI)$, $AEM Holdings(AWX.SI)$ soared around 11%; $PanUnited(P52.SI)$ rose over 9%; $Haw Par(H02.SI)$ rose 7%; $Sembcorp Ind(U96.SI)$ up 5.7%; $China Aviation(G92.SI)$ down over 9%; $AvePoint(AVP.SI)$, $Lendlease Reit(JYEU.SI)$ down over 6%. Market News DBS Ends Stabilisation For UI Boustead REIT IPO After Buying 54.6 Million Units

Market Snapshot Singapore stocks opened lower on Friday. STI down 0.4%; Keppel down 3%. Stocks in Focus $Keppel(BN4.SI)$: The group and Simba Telecom have mutually agreed to extend the long-stop date for the proposed M1 deal to May 21. On Thursday, the company said that the regulatory review of the proposed transaction remains under way, and that M1 and Simba are “in the process of making further submissions to the Infocomm Media Development Authority of Singapore”. Shares of Keppel ended 1.5 per cent or S$0.18 lower at S$12.27, before the news. $Shangri-La HKD(S07.SI)$: The mainboard-listed company posted on Thursday a net profit of US$112.3 million for the full year ended Dec 31, 2025, down 30.4 per

Market Snapshot Singapore stocks opened higher on Thursday. STI up 0.2%; YZJ Shipbldg, OCBC up 1%. Stocks in Focus $Stoneweg EUTrust EUR(SET.SI)$: The trust has invested 50 million euros (S$74.1 million) in AiOnX, its sponsor SWI Group’s data centre development fund, via a mandatory convertible loan. The loan carries a 7.25 per cent annual cash coupon and is projected to provide a 2 per cent uplift to distributions per share on a pro forma basis, said the manager of Sert on Thursday. With this, Sert’s data centre allocation will rise from 5.2 per cent to about 7.2 per cent. Stapled securities of Sert closed flat at 1.50 euros on Wednesday. $Lippo Malls Tr(D5IU.SI)$: The manager announced on Monday th

Market Snapshot Singapore stocks opened higher on Wednesday. STI up 0.4%; SIA, OCBC up 1%. Stocks in Focus $SIA(C6L.SI)$: The flag carrier will fly to Sydney’s new 24-hour airport, it said on Tuesday. The new airport allows SIA to offer red-eye flights from Sydney, enabling it to bypass the 11 pm to 6 am curfew at the existing Sydney airport, with such flights preferred by corporate travellers. It will also help feed into SIA’s regional network, using Changi as a transit point after the dawn arrival of the new Sydney flight. Shares of SIA rose 0.3 per cent or S$0.02 to close at S$6.51 on Tuesday, before the announcement. $CapLand Ascendas REIT(A17U.SI)$: The manager of the real estate investment trus

Market Snapshot Singapore stocks opened higher on Tuesday. STI up 0.2%; Nio up 4%; UOL, SingPost, SATS up 1%. Stocks in Focus $Singtel(Z74.SI)$: The local telco on Monday afternoon was hit with over 9,700 user reports of a disruption on Downdetector, after three consecutive days of issues last week. These reports began from 3.20 pm. Singtel said in an update at 5.23 pm on Facebook that the disruption was due to an “international traffic optimisation issue” which has been resolved. The counter ended Monday 5.4 per cent or S$0.28 lower at S$4.93. $Stoneweg EUTrust EUR(SET.SI)$: The managers announced on Tuesday that Sert is divesting its office asset Riverside Park in Warsaw, Poland, for a consideration