To The Moon

Market Snapshot On Thursday, October 15, the Singapore stock market opened lower, with the STI down about 0.4%. AEM SGD tumbled over 6% in early trading, UMS fell more than 5%, while DBS, OCBC Bank, and UOL all edged down slightly. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Thursday (Oct 15): Hotel Properties Limited (HPL) : The hospitality management group said on Wednesday that it has not made any decision to sell or redevelop its properties, following a report that Hongkong Land is in talks to acquire a majority stake in Forum The Shopping Mall, HPL House and voco Orchard Singapore. Potential redevelopment plans of the properties were also raised. HPL added that there is no certainty any transaction or corporate action wi

Market Snapshot On Wednesday, Singapore stocks edged higher in early trading, with the STI index up 0.2%. Singtel rose more than 1%, while AEM SGD and JMH USD gained 0.8%. OCBC Bank and DBS edged lower. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 14): Kore US Real Estate Investment Trust (Reit) : The manager said on Tuesday that it has completed a full-floor spec-suite development, The Post at 10800 The Plaza Buildings in Bellevue, Washington. This is the Reit’s second such development at The Plaza Buildings, and its fourth full-floor spec-suite development in total. Half of its six suites were leased prior to completion. Units of Kore US Reit ended 1.3 per cent or US$0.002 down at US$0.15 on Tuesday, prior to

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.82%; AEM SGD up over 6%; UMS, Kep Infra Tr up about 2%; JMH USD, Singtel, DBS, OCBC Bank, UOL up over 1%. SG Local News ‘Bringing Asean together as a single market’: PM Wong For South-east Asia to continue attracting investments, the challenge lies in bringing Asean together as a single market, while encouraging entrepreneurship and innovation, said Prime Minister Lawrence Wong. “We really have to harness the benefits of a single market, which we don’t have today,” he said. PM Wong was speaking at a dialogue with DBS CEO Tan Su Shan at the DBS Asia Future Forward Conference held at the Suntec Singapore Convention & Exhibition Centre on Monday (Oct 12). They discussed a range of topics, from how to responsibly manage t

Market Snapshot On Monday, October 12, Singapore stocks opened slightly higher. The STI rose over 0.1%, JMH USD gained more than 1%, and AEM SGD advanced 0.6%, while Singtel fell 0.7% and UOL dropped 0.6%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Oct 12): Singapore Exchange (SGX) : Securities daily average value on the SGX rose 27 per cent year on year to S$1.9 billion in September, with turnover also up 27 per cent at S$42.2 billion. This came as global investors “sought trusted markets and risk-management tools amid persistent uncertainty marked by elevated energy prices and higher borrowing costs”, said the bourse operator. Shares of SGX rose 0.4 per cent to close S$0.09 higher at S$20.73 on Friday. UMS Integrati

Singapore stocks extended their weakness this week, with the STI plunging 4.13% for the week. Pressure from oil and the bond market continued to weigh on sentiment. On the individual stock front, $AEM SGD(AWX.SI)$ surged over 7% for the week, approaching its historical high; $First Resources(EB5.SI)$ gained more than 6.5%. $Ambiq Micro(AMQ.SI)$ plunged nearly 14%, while $OCBC Bank(O39.SI)$ fell over 8%, $UOB(U11.SI)$ dropped more than 7%, and $DBS(D05.SI)$ declined 5%. Market News Singapore retail sales growth slows to 0.7%

Singapore bank shares deepened their decline on Friday as JPMorgan Chase & Co. cautioned that sharply rising long bond yields will weigh on third-quarter earnings for lenders in Southeast Asia. $UOB(U11.SI)$ fell 1.91%; $DBS(D05.SI)$ fell 1.27%; $OCBC Bank(O39.SI)$ fell 0.45%. On Thursday, DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. each fell more than 4%, while United Overseas Bank Ltd. dropped 5.2%. These stocks were among the heaviest drags on the benchmark Straits Times Index, which plunged 3.5%, its biggest drop since April 2025. The index was the weakest performer in Asia. The slide follows a multiyear rally in Singapore lenders fuel

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.72%; OCBC Bank, UOB, Bumitama Agri, OUEREIT, YZJ Shipbldg jumped around 1%. Stocks in Focus $Frasers Property(TQ5.SI)$: The CEO of Frasers Hospitality Eu Chin Fen will be stepping down, effective Jan 1, 2027. This follows the privatisation of Frasers Hospitality Trust and its portfolio optimisation. Frasers Hospitality’s leadership structure “will be strategically segmented, aligning with group resources, and reporting into senior group leadership”. Its chief operating officer Chew Hang Song will report to the group CEO. The counter closed at S$0.955 on Thursday, down S$0.01 or 1 per cent. $StarHub(CC3.SI)$: The telco said it will ac

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 1%; DBS, UOB dropped around 2%; OCBC Bank down over 1%; Capland IntCom T, YZJ Shipbldg up over 1%. Stocks in Focus $SIA(C6L.SI)$: Singapore Airlines and Air India will offer standalone code-share flights and “enhanced” frequent-flyer benefits, giving passengers “greater flexibility” in trip planning with 126 weekly flights, the two carriers announced on Wednesday. The expanded offerings cover flights between Singapore and eight Indian cities: Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Kolkata and Mumbai. $CapitaLand Investment(9CI.SI)$: CapitaLand Investment and IOI Properties Group are now in exclusive due diligence for

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.82%; AEM SGD up over 6%; UMS, Kep Infra Tr up about 2%; JMH USD, Singtel, DBS, OCBC Bank, UOL up over 1%. Stocks in Focus The following company saw new developments that may affect trading of its securities on Wednesday (Oct 7): ESR-Reit : The real estate investment trust (Reit) manager said on Tuesday that it has recovered around 75 per cent of outstanding arrears resulting from a default in rental payments at some of its Australian properties. This leaves A$3 million (US$2.1 million) in outstanding arrears, after they were recovered through the partial drawdown of the banker’s guarantees. Units of ESR-Reit closed flat at S$2.04 on Tuesday, before the announcement. SG Local News MAS’ third EQDP shot of S$1.45 billion a

Market Snapshot On Tuesday, Singapore stocks opened slightly higher, with the STI index rising 0.07%. $Jardine C&C(C07.SI)$ gained more than 2%, and JMH USD rose over 1%; AEM SGD fell about 0.4%, and UMS dropped more than 1%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 6): Civmec : The engineering and construction company has secured a series of new contract awards and extensions with a combined value exceeding A$220 million (US$153.3 million), the company announced on Monday. The recent string of wins bolsters the group’s total order book to about A$1.5 billion. Shares of Civmec ended flat at S$1.52 on Monday, before the announcement. Aspial Lifestyle : The compa