To The Moon

Singapore stocks fell this week, with the STI down 1.8%, with investors cautious over fresh conflict in the Strait of Hormuz and a second consecutive day of oil rising above US$100 per barrel. In terms of individual stocks, $Top Glove(BVA.SI)$ up 22%; $AEM SGD(AWX.SI)$ up 12%; $Ambiq Micro(AMQ.SI)$ up 9%; $Frencken(E28.SI)$, $PC Partner(PCT.SI)$ up around 6%; $OCBC(O39.SI)$, $DBS(D05.SI)$, $UOB(U11.SI)$ fell around 2%. Market News Grab

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.2%; D05 fell 0.2%; U11 rose 0.37%; O39 rose 0.6% Stocks in Focus $SGX(S68.SI)$: The securities daily average value on the exchange rose 35 per cent year on year in August to S$2.2 billion, driven by robust retail interest in real estate investment trusts and small to mid-cap stocks, alongside a record-breaking rally in the Straits Times Index. The total securities market turnover for the month rose 29 per cent year on year to S$43.3 billion. SGX shares fell 0.4 per cent or S$0.10 to close at S$24.68 on Thursday. $Oiltek(HQU.SI)$: Oil prices rose more than 6 per cent on Thursday, with both Brent and West Texas Intermediate (WTI)

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.4%; Keppel fell 1%; SIA fell 0.9%; Singtel fell 0.7%; DBS fell 0.6%. Stocks in Focus $DBS(D05.SI)$: The local bank on Wednesday said it “categorically rejects” a S$1.298 billion claim for damages in a lawsuit filed by several entities linked to the 1Malaysia Development Berhad scandal. DBS has consulted various legal advisers on this matter and also assessed that no provisions are required at this stage. DBS shares ended Wednesday at S$77.50, down 0.8 per cent or S$0.60, before its bourse filing. $KOREReitUSD(CMOU.SI)$: The manager of the Reit announced on Wednesday that it has secured a new S$120 million loan facility. Upon drawdo

Market Snapshot Singapore stocks opened lower on Wednesday. STI fell 0.2%; Yangzijiang Shipbuilding fell 1%; Seatrium fell 0.9%; Singtel fell 0.7%; SIA fell 0.5%; Keppel fell 0.3%. Stocks in Focus $Mapletree Logistics Trust(M44U.SI)$ (MLT): It has agreed to sell a vacant logistics property in Australia for A$28 million (US$20.2 million), the manager said on Tuesday. MLT on Tuesday also priced 500 million yuan (US$74.5 million) worth of a three-year offshore renminbi bond, which bears a coupon of 2.1 per cent per annum. Units of MLT closed 0.9 per cent or S$0.01 lower at S$1.15 before the announcements. $Singapore Airlines(C6L.SI)$ (SIA): The carrier on Tuesday said its investments in India are funded

Market Snapshot Singapore stocks opened lower on Tuesday. STI fell 0.3%; Keppel fell 0.8%; SGX fell 0.5%; Singtel and OCBC fell 0.4%; DBS fell 0.3%. Stocks in Focus $IReit Global(UD1U.SI)$: The manager of the Europe-focused real estate investment trust (Reit) said that its Berlin RE(O Campus has secured a landmark 25-year lease agreement with Berlin’s main public transport operator. It will lease 39,419 square metres of net lettable area at Berlin RE(O Campus under the long-term lease and will establish its headquarters at the asset. Occupancy at the property is expected to increase materially from about 25 per cent to about 75 per cent. Units of the Reit rose 1.8 per cent to close S$0.003 higher at S$0.168 on Monday, before the news. SG Local

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.3%; OCBC and SGX fell 0.7%; DBS fell 0.4%; SIA fell 0.3%. Stocks in Focus $CSE Global(544.SI)$: The company on Friday said its appointed financial adviser – Jefferies Singapore – in connection with the strategic review, has submitted a preliminary report which the board of CSE Global is currently reviewing. It added that there is “no certainty or assurance” any definitive agreement will be entered into, or any transaction will materialise from the strategic review. Shares of CSE Global ended 1.7 per cent or S$0.02 higher at S$1.18 prior to the news. $Marco Polo Marine(5LY.SI)$: On Monday, it entered a conditional sale and purchase agr

Singapore stocks rose this week, with the STI up 1.8%, as investor sentiment improve due to slimming chances of the US Federal Reserve hiking interest rates. In terms of individual stocks, OCBC rose 3.9%; DBS rose 3.3%; UOB rose 3%; Sembcorp rose 1.7%; Seatrium fell 1.8%; SIA fell 1.9%; NIO fell 12.4%. Market News Singapore Tax Revenue Hits Record S$97.3 Billion, up 9.4% on Stronger Economy The Inland Revenue Authority of Singapore collected S$97.3 billion in tax revenue in the financial year 2025/2026, up 9.4 per cent from the previous financial year, driven by stronger economic activity and consumer spending. According to IRAS data dating back to 2002, this marks the highest tax collection on record. The sum accounted for 74.8 per cent of the Government’s operating re

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.41%. AEM SGD rose more than 2%, Kep Infra Tr gained 1.9%, and UMS advanced 1.6%, while JMH USD fell 1.6% and UOL declined 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Friday (Sep 4): OCBC : The bank on Friday said it has priced US$750 million worth of covered bonds under its US$10 billion global covered bond programme. The net proceeds will be used for general corporate purposes. The bonds, expected to be issued on Sep 11, will bear interest at 4.63 per cent per annum, payable semi-annually in arrear. Shares of OCBC rose 0.2 per cent to close S$0.07 higher at S$31.92 on Thursday. NTT DC Reit : The manager of the real estate investment trust (Reit) on T

Market Snapshot On Thursday, Singapore stocks opened higher, with the Straits Times Index (STI) up more than 0.5%. $AEM SGD(AWX.SI)$ rose 1.6%, while DBS, JMH USD, and OCBC Bank gained over 1%; UMS added 0.8%. On the downside, Singtel fell 0.7% and UOL Group slipped 0.3%. SG Local News Singapore factories keep humming on AI boom as PMI rises to 51.5 The Republic’s factory activity expanded at a slightly faster pace in August, supported by an artificial intelligence-driven semiconductor supercycle, even as the prolonged Middle East crisis kept supply chains and energy costs under pressure.  The purchasing managers’ index (PMI) edged up 0.1 point from July to 51.5 last month, data from the Singapore Institute of Purchasing and Materials Manag

Market Snapshot Singapore's STI Edges Higher at Open on Wednesday; JMH USD Rises 1.5%, AEM SGD +0.8%, UOL +0.2%, DBS +0.17%; UMS -0.39% Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 2): Keppel DC Reit : The real estate investment trust’s (Reit) private placement to partially fund the majority acquisitions of two Japan data centres has been upsized from S$600 million to S$625 million on “strong demand” from investors, its manager said on Wednesday. The placement was about 3.4 times covered. The issue price per new unit has been fixed at S$2.10, with the new units set to trade from Sep 10. Units of Keppel DC Reit closed flat at S$2.20 on Monday, before the manager called for a trading halt before the market opened