To The Moon

Market OverviewThe Straits Times Index (STI) posted a solid gain for the week, rising approximately 1.24% to close at 5,698.43 on Friday, August 7. The market was supported by renewed buying interest in blue-chip names, with financial stocks leading gains after major lenders reported better-than-expected second-quarter results. STI Constituents With Strong Performance Among the 30 STI constituents, financial stocks were the biggest contributors. DBS Group Holdings (D05): Shares advanced strongly after Q2 earnings exceeded expectations. The stock price rose more than 3% during the week and hit a record high. OCBC (O39): OCBC rose more than 4% during the week, hitting a new all-time high. The bank reported Q2 net profit of S$2.22 billion, up 22% year on year. Singapore Exchange (S68): The st

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.3%; Venture up 7%; SGX, OCBC Bank up over 2% on strong earnings; DBS rose slightly; UOB fell over 2%. Stocks in Focus $UOB(U11.SI)$: The lender on Friday said it recorded a S$1.48 billion net profit for its three months ended Jun 30, up 10 per cent year on year from S$1.34 billion. This was due to net fee income rising on record wealth management fees. The earnings slightly beat the S$1.45 billion consensus forecast in a Bloomberg survey of five analysts. It declared a dividend of S$0.88 per share for the period, down from S$1.10 per share paid out in the same year-ago period. UOB shares ended 1.2 per cent or S$0.52 higher at S$43.58 on Thursday.

Market Snapshot Singapore stocks opened higher on Thursday. STI rose 0.25%; DBS rose 1.2% after posting record Q2 profit; GLD US$ up over 3%; Top Glove, Thomson Medical up around 2%. Stocks in Focus $DBS(D05.SI)$: The local bank’s net profit for the three months ended Jun 30, 2026, stood at S$3.08 billion, up 9 per cent from the S$2.82 billion in the year-ago period. It rose as higher non-interest income – including a surge in wealth fees – more than offset a declining rate environment. Ahead of the results, shares of DBS closed 1.3 per cent or S$0.95 lower at S$73.55 on Wednesday. $Keppel(BN4.SI)$: The asset manager and operator on Wednesday said that it has successfully hit S$2.1 billion in year-to-

Market Snapshot Singapore stocks opened lower on Wednesday. STI fell 0.2%; AEM SGD, Top Glove up over 2%; UMS, OUEREIT, Centurion, Frencken up over 1%. Stocks in Focus $Keppel Infrastructure Trust(A7RU.SI)$ (KIT): The trustee-manager on Wednesday said it has acquired a 45 per cent stake in second German solar portfolio from Enpal for 34 million euros (US$39.2 million). The deal will be executed via a special purpose vehicle, with the venture slated to increase KIT’s total renewable energy portfolio capacity by about 205 megawatts to around 1.4 gigawatts. Units of KIT closed down 3.7 per cent or S$0.02 at S$0.525 on Tuesday. $Mapletree Logistics Trust(M44U.SI)$ (MLT): It has priced S$400 million in subordinated perpetual securities at 3.5 per cent under its S$3 billion euro medium-term secu

Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.04%; Grab US SDR 2to1 up over 7%; UMS, AEM SGD, iFast up around 2%; Frencken, OUEREIT, ThaiBev, JMH USD up over 1%. Stocks in Focus $Parkway Life Real Estate Investment Trust(C2PU.SI)$: Parkway Life Reit’s distribution per unit (DPU) rose 14.6 per cent to S$0.0877 for its first half ended Jun 30, from S$0.0765 in the year-ago period, the manager reported on Tuesday. Revenue was down 1.6 per cent at S$77.1 million for the half-year period, from S$78.3 million in the previous corresponding period. Units of Parkway Life Reit closed flat at S$4.22 on Monday. $Lendlease Global Commercial Reit(JYEU.SI)$: The Reit on Monday reported a DP

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.11%; Seatrium, Far East HTrust up nearly 2%; OUEREIT, UMS, Frencken, ThaiBev, Sheng Siong up around 1%. Stocks in Focus $Nio(NIO.SI)$: The electric vehicle giant on Sunday said it delivered 35,934 vehicles in July, representing a year-on-year rise of 71 per cent. The deliveries comprised 20,008 vehicles from the Nio brand, 10,155 vehicles from the Onvo brand and 5,771 vehicles from the Firefly brand. This brings the total number of vehicle deliveries in the year to date to 227,057, up 68 per cent rise from the same year-ago period. Shares of Nio ended Friday 2.9 per cent or US$0.14 up to close at US$4.94 before the news. $OUE(LJ3.SI)$

Jardine Cycle & Carriage (JC&C) (SGX: C07) has announced a proposed special dividend of approximately US$0.73 per share. This includes a cash component and a direct distribution in specie of the company's remaining stake in Japanese automaker Toyota Motor Corporation. The move is part of a strategy to sharpen the focus of the company's portfolio and enhance returns for shareholders. Shares of JC&C soared about 7% on the news. The cash portion of US$0.37 per share is being funded by Jardine's divestments of Toyota shares listed in Tokyo, which occurred in April. Meanwhile, the distribution in specie involves around 7.2 million common shares of Toyota, valued at roughly US$0.36 per share. When combined with the previously declared interim dividend of US$0.28 per share—unchanged

Market Snapshot Singapore stocks opened lower on Friday. $Straits Times Index(STI.SI)$ fell 0.5%; $Seatrium Ltd(5E2.SI)$ rose 2.3%; $NIO Inc.(NIO)$ rose 1.8%. Stocks in Focus $JMH USD(J36.SI)$: The multinational company on Thursday reported 9 per cent growth in underlying profit for the first half ended Jun 30 to US$735 million, from US$676 million in the previous corresponding period. The board declared an interim dividend of US$0.65 per share, up 8 per cent from US$0.60 in H1 2025. Shares of Jardine Matheson closed 0.6 per cent or US$0.40 lower at US$67.59 on Thursday, before the release of its results.

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 1%; $YZJ Shipbldg SGD(BS6.SI)$ down 2%; $OCBC Bank(O39.SI)$ down 1.5%. Stocks in Focus $Singtel(Z74.SI)$: The telco on Thursday confirmed that is currently in discussions with “interested parties” for a stake sale in wholly owned Australian telco Optus, but emphasised that there is “no certainty or assurance that any transaction will occur”. Singtel reiterated its May statement that it was looking for a “like-minded local partner” that can ensure “Optus continues to be a strong alternative operator in the industry”. Shares of Singtel rose 1.8 per cent or S$0.08 to close at S$4.61 on Wednesd

Singapore's stock market is poised to achieve its most impressive monthly performance in nearly six years, driven by a surge in bank stocks. The Straits Times Index has advanced 9% during July, placing it on track for its strongest monthly gain since November 2020. Major contributors to the index's rise include $DBS Group Holdings Ltd.(D05.SI)$ and $Oversea-Chinese Banking Corp.(O39.SI)$, both of which have delivered double-digit percentage gains this month. $(STI.SI)$ $(U11.SI)$ $(D05.SI)$ $(O39.SI)$ $Amova STI ETF S