To The Moon

Market Snapshot Singapore stocks opened higher on Monday. STI rose 0.11%; AEM SGD rose more than 1%, OCBC Bank gained 0.9% and DBS climbed around 0.7%, with JMH up nearly 0.5%. On the downside, UOL slipped over 1% and UMS fell 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Jul 20): Singapore Airlines (SIA) : The national carrier has defended its investment in Air India on Friday, in a response to the Securities Investors Association (Singapore), before the company’s annual general meeting on Jul 24. SIA said the move allows the group to access growth opportunities which cannot be fully realised via a single hub model, where flights connect only through one airport. Shares of SIA ended Friday 0.5 per cent or S$0.04 h

Singapore’s stock market maintained its upward momentum this week. The STI rose 0.73% for the full week and hit an all-time intraday high of 5,561.42 points on July 15. The FTSE Singapore Index closed 0.6% higher over the week, also notching a record peak of 1,252.02 points on July 15. In terms of individual stocks, $OCBC Bank(O39.SI)$ rose over 4% this week, and $DBS(D05.SI)$ rose 2.14%, both hitting record highs during the week; $YZJ Shipbldg SGD(BS6.SI)$ rose 0.55% for the week. $SGX(S68.SI)$ fell 1.49% this week, and $ST Engineering(S63.SI)$ fell 4.84%. Market News

Market Snapshot Singapore stocks opened lower on Friday. STI fell 0.4%; AEM SGD fell over 3%; UMS, UOB, Frencken fell around 2%; First Resources, PanUnited, iFast, ST Engineering fell about 1%. Stocks in Focus $Geo Energy Resources(RE4.SI)$: The Indonesian coal producer said in a bourse filing on Thursday that its newly operational Marga Bara Jaya integrated infrastructure unit could add up to about US$350 million in annual earnings before interest, taxes, depreciation and amortisation over time. The project marks a new source of earnings for the group beyond coal mining, said the company. SG Local News Singapore's Key Exports Rise 20.7% in June, Missing Forecasts Despite AI-Led Electronics Boom The Republic’s non-oil domestic exports (NODX) ros

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.34%; Frencken, UMS down nearly 5%; AEM SGD, PC Partner down over 4%; PanUnited, ThaiBev, Sembcorp down around 1%. Stocks in Focus $Singapore Airlines(C6L.SI)$ (SIA): The national carrier on Wednesday reported a combined 3.7 million passengers flew on SIA and Scoot in June, up 6.3 per cent on the year. Passenger traffic also rose 4.1 per cent year on year, underpinned by robust demand for air travel, it said on Wednesday in a bourse filing of its operating results for June. Shares of SIA closed at S$7.60 on Wednesday, down 0.3 per cent or S$0.02, before the announcement. $Frasers Property(TQ5.SI)$: A Frasers Property-led consortium placed the top bid for a large mixed-use comme

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.69%; PC Partner, Ultragreen up over 2%; ThaiBev, AEM SGD up about 1%; ST Engineering, OCBC Bank up within 1%. Stocks in Focus $Addvalue Technologies(A31.SI)$: The satellite communications company is preparing for its potential spinoff listing on Nasdaq and has engaged professionals such as legal counsels and a US auditor, it said on Tuesday. It will also convene an in-person extraordinary general meeting in due course to seek shareholders’ approval for the proposed spinoff of the group’s unit Addvalue Solutions. Shares of Addvalue Technologies ended 3.9 per cent or S$0.005 higher at S$0.133, before the news. $Coliwoo(W8W.SI)$: The

Market Snapshot Singapore stocks opened lower on Tuesday. STI fell 0.55%; YZJ Maritime, Keppel down nearly 2%; ST Engineering, SIA, YZJ Shipbldg, Wilmar Intl down over 1%. Stocks in Focus $DBS Bank(D05.SI)$, $OCBC Bank(O39.SI)$, $UOB(U11.SI)$: Shares of Singapore’s three local banks have surged to record levels over the past week, helping lift the Straits Times Index (STI) to a fresh high and pushing DBS above S$200 billion in market capitalisation on Monday (Jul 13) – making it the first Singapore-listed company to cross that threshold. Citi analyst Tan Yong Hong also increased his target prices for the lenders. He lifted DBS’ target to S$73.50 from S$65;

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.09%; Centurion, Boustead up nearly 2%; Kep Infra Tr up 1%; SIA, YZJ Shipbldg down 0.8% each. Stocks in Focus $Q&M Dental(QC7.SI)$: Q&M Dental is acquiring dental groups in Australia and Thailand in a combined US$113.2 million push to build a pan-Asia dental company, the group announced on Sunday. It also said that it would defer further action on plans for a secondary listing on Bursa Malaysia, first announced in April 2025. Shares of Q&M last traded at S$0.555 on Thursday, before it called for a trading halt. The halt was lifted on Monday. $Suntec Reit(T82U.SI)$: Property tycoon Celine Tang has been appointed as chairman

Singapore stocks ended higher this week. The benchmark Straits Times Index (STI) gained 4.29 per cent or 35.41 points to finish at 5,469.29. In terms of individual stocks,$UOB Kay Hian(U10.SI)$ surged nearly 13%; $UOB(U11.SI)$, $PanUnited(P52.SI)$ soared over 10%; $OCBC(O39.SI)$ gained 8%; $DBS(D05.SI)$ climbed over 5%. Market News Singapore Banks Hit Record Highs on Improved Sentiment and Earnings Outlook Local lenders hit new highs this week., $DBS(D05.SI)$ gained 5.5% to S$70.45, $

Market Snapshot Singapore stocks opened lower on Tuesday. STI fell 0.26%; $YZJ Shipbldg SGD(BS6.SI)$ rose 1.76%; $Keppel(BN4.SI)$ rose 1.29%. Stocks in Focus $SGX(S68.SI)$: SGX has divested its wholly owned subsidiary, Scientific Beta, to global index provider Stoxx for a consideration of about 23 million euros (US$26.3 million), the local bourse operator said on Wednesday. The transaction is part of the group’s efforts towards active portfolio management and capital allocation. Shares of SGX fell 0.7 per cent or S$0.16 to close at S$24.01 on Wednesday. $AIMS APAC Reit(O5RU.SI)$: The real estate investment trust

Market Snapshot Singapore stocks opened higher on Thursday. $Solidion Technology Inc.(STI)$ rose 0.65%; $OCBC Bank(O39.SI)$ rose 1.2%; $Genting Sing(G13.SI)$ rose 0.8%. Stocks in Focus $SGX(S68.SI)$: SGX has divested its wholly owned subsidiary, Scientific Beta, to global index provider Stoxx for a consideration of about 23 million euros (US$26.3 million), the local bourse operator said on Wednesday. The transaction is part of the group’s efforts towards active portfolio management and capital allocation. Shares of SGX fell 0.7 per cent or S$0.16 to close at S$24.01 on Wednesday.