To The Moon

Hi Tigers,

🔥 Singapore equities are on fire.

The Straits Times Index (STI) has pushed to fresh highs, with China Aviation Oil leading the top 10 gainers at +29.52% YTD. Meanwhile, SGX itself—a direct proxy for rising market activity and liquidity—has surged to a weekly all-time high and has gained +28.57% YTD, ranking second among the top performers.

But this isn’t just a one-stock story.

From cyclicals like aviation and shipbuilding, to defensives like Wilmar and banks, the rally is clearly broad-based, with capital rotating across sectors.

Let’s break down the Top 10 SGX gainers and their current setups.

✈️ $China Aviation(G92.SI)$ | The Cycle Leader

• 🧩 Fundamental: Strong recovery in aviation demand supports earnings, though rising fuel costs may pressure margins in the near term.

• 💰 Financial: Last Price: SGD 2.15. Trading at an attractive P/E of ~13x with deep value reflected in its low P/S ratio.

• 📈 Technical: Consolidating near highs with weak volume. Support at SGD 2.13; resistance at SGD 2.34 (52-week high).

• 🛡️ Strategy: Range Trade — Watch for breakout above 2.20 or pullback toward 2.13 support.

🏦 $SGX(S68.SI)$ | The Market Engine

• 🧩 Fundamental: Benefiting from rising market activity with strong ROE (~30%) and solid institutional backing.

• 💰 Financial: Last Price: SGD 21.68. Premium valuation supported by consistent earnings and monopoly positioning.

• 📈 Technical: Holding near all-time highs. Support at SGD 21.50; breakout above SGD 21.95 signals continuation.

• 🛡️ Strategy: Buy on Breakout — Watch for move above 21.95 for upside toward 22+.

🌾 $Wilmar Intl(F34.SI)$ | The Defensive Giant

• 🧩 Fundamental: Stable demand from global agribusiness operations provides resilience amid market volatility.

• 💰 Financial: Last Price: SGD 3.89. Undervalued with P/B below 1, offering strong margin of safety.

• 📈 Technical: Trading in a tight range. Support at SGD 3.75; resistance at SGD 4.02.

• 🛡️ Strategy: Accumulate — Position ahead of potential breakout above 4.02.

🚢 $YZJ Shipbldg SGD(BS6.SI)$ | The Shipyard Play

• 🧩 Fundamental: Supported by strong order books and global shipping demand recovery.

• 💰 Financial: Last Price: SGD 4.34. Attractive valuation at ~10.5x P/E with solid ROE.

• 📈 Technical: Sideways near highs. Support at SGD 4.25; resistance at SGD 4.62.

• 🛡️ Strategy: Hold — Await breakout above 4.35 for trend continuation.

🏙️ $HongkongLand USD(H78.SI)$ | The Value Rebound

• 🧩 Fundamental: Backed by strong institutional ownership with deep asset value in prime real estate.

• 💰 Financial: Last Price: USD 7.95. Trading at significant discount with P/B around 0.55.

• 📈 Technical: Low volatility consolidation. Support at USD 7.85; resistance at USD 8.01.

• 🛡️ Strategy: Accumulate — Position for gradual upside toward 8.50 on breakout.

🏦 $OCBC Bank(O39.SI)$ | The Stability Anchor

• 🧩 Fundamental: Strong earnings supported by interest income and resilient banking operations.

• 💰 Financial: YTD Gain: +13.13%. Stable dividend yield enhances total return.

• 📈 Technical: Uptrend intact with steady accumulation.

• 🛡️ Strategy: Hold — Core portfolio name for stability and income.

⚡ $Sembcorp Ind(U96.SI)$ | The Energy Transition Play

• 🧩 Fundamental: Exposure to utilities and renewables with strong backing from Temasek.

• 💰 Financial: Last Price: SGD 6.63. Dividend yield near 4% adds income appeal.

• 📈 Technical: Pullback phase. Support at SGD 6.60; resistance at SGD 6.75.

• 🛡️ Strategy: Buy on Dips — Accumulate near 6.50 support.

🛒 $DFIRG USD(D01.SI)$ | The Defensive Retailer

• 🧩 Fundamental: Stable operations with high insider ownership limiting volatility.

• 💰 Financial: Last Price: USD 4.24. Mixed valuation with strong ROE but elevated P/E.

• 📈 Technical: Tight consolidation. Support at USD 4.24; resistance at USD 4.31.

• 🛡️ Strategy: Wait — Look for volume confirmation before entry.

🧤 $Top Glove(BVA.SI)$ | The Recovery Bet

• 🧩 Fundamental: Weak post-pandemic demand continues to weigh on performance.

• 💰 Financial: Last Price: SGD 0.225. High valuation reflects recovery expectations.

• 📈 Technical: Downtrend with weak momentum. Support at SGD 0.22; resistance at SGD 0.25.

• 🛡️ Strategy: Speculative — Only consider on strong breakout with volume.

🏗️ $Frasers Property(TQ5.SI)$ | The Deep Value Play

• 🧩 Fundamental: High insider ownership results in low float and limited trading activity.

• 💰 Financial: Last Price: SGD 1.17. Trading below book value with P/B around 0.49.

• 📈 Technical: Sideways near highs. Support at SGD 1.16; resistance at SGD 1.20.

• 🛡️ Strategy: Accumulate — Watch for breakout above 1.20 for next leg up.

So Tigers 🐯, SGX pushes to new highs on Monday, but beneath the surface, we’re seeing a split market — leaders holding strong near resistance, while laggards remain stuck in low-volume consolidation.

👉 The +28.57% YTD rally looks impressive, but not all stocks are moving the same way.

Are you:

• Chasing the SGX breakout above 21.95?

• Accumulating defensives like Wilmar on dips?

• Or staying cautious on weak momentum plays like Top Glove?

Drop your strategy below — let’s see where the smart money is flowing 👇

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products. It is solely for general information purposes only, which does not consider your own investment objectives, financial situations or needs.