Market SnapshotSingapore stocks opened flat on Friday. STI was unchanged; Nio up 8%; Keppel, YZJ Shipbldg, Singtel and Seatrium up 1%; OCBC down 3%.Stocks to WatchCapitaLand Integrated Commercial Trust (CICT) : It posted net property income (NPI) of S$291.5 million for Q1 FY2025, a 0.8 per cent drop from the previous corresponding period. Revenue for the quarter fell 0.8 per cent on the year to S$395.3 million. The declines were largely due to the absence of income from 21 Collyer Quay, an office building located in Raffles Place that CICT divested in November 2024, the manager said in a Friday business update. The counter ended Thursday flat at S$2.14.Mapletree Pan Asia Commercial Trust (MPACT): The manager posted a Q4 distribution per unit (DPU) of S$0.0195, down 14.8 per cent from S$0.0

Market SnapshotSingapore stocks opened higher on Thursday. STI up 0.1%; Nio up 3%; Digital Core Reit up 2%; Keppel and CityDev up 1%; MLT and Sinarmas Land down 1%.Stocks to WatchKeppel : The company released an update for Q1 2025 on Thursday, reporting an increase in net profit of over 25 per cent year-on-year, driven by strong performance in its infrastructure, real estate and asset management segments. The company also reported that it had monetised S$347 million in assets the year-to-date, with another $550 million of potential real estate divestments in advanced stages of negotiations. The group also announced on Wednesday that it entered a joint venture with Tianjin Shunhua Real Estate Construction Management to develop 19 plots of land in the Tianjin Eco-City northern district in Ch

Market SnapshotSingapore stocks opened higher on Wednesday. STI up 1%; Nio up 3%; Keppel Reit, UOB, OCBC, DBS and CityDev up 1%.Stocks to WatchCity Developments Limited (CDL): The developer’s wholly owned subsidiary has increased its offer to buy the shares of Millennium & Copthorne Hotels New Zealand (MCK) that it does not already own to NZ$2.80 apiece. In a letter to MCK shareholders on Tuesday, CDL said the new price is “the final and best” that its subsidiary, CDL Hotels Holdings New Zealand, is willing to pay. The company will not change the price again and neither will it make another offer within nine months. The higher offer reflects a 60 per cent premium to the one-month volume weighted average share price of NZ$1.75. On Tuesday, MCK said its independent directors committee wa

ST Engineering Announces Leadership Transition​​Following an 11-year tenure at ST Engineering, Group Chief Operating Officer (Technology & Innovation) and President of Defence & Public Security (DPS), ​​Ravinder Singh​​, will retire on ​​May 31​​.​​Mervyn Tan​​, Managing Director of Investments at venture capital firm Vertex Holdings, will succeed Singh in these roles, with the appointment taking effect from ​​June 1​​.In a statement released Thursday (April 17), the 61-year-old Singh revealed plans to assume an advisory position within the group starting June 1.As Group Chief Operating Officer for Technology & Innovation, Singh "championed innovation initiatives and drove the adoption of technology and innovation across the group," the statement noted.Since ST Engineering’s re

Yangzijiang Shipbuilding shares soared 14.1% in morning trading on Monday.In a report released, Pei Hwa Ho from DBS reiterated a Buy rating on Yangzijiang Shipbuilding, with a price target of S$3.80. The company’s shares closed last Friday at $1.52.Hwa Ho covers the Industrials sector, focusing on stocks such as Yangzijiang Shipbuilding (Holdings), Seatrium Limited, and Sembcorp Industries. According to TipRanks, Hwa Ho has an average return of 6.4% and a 48.35% success rate on recommended stocks.The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Yangzijiang Shipbuilding (Holdings) with a $2.19 average price target, implying a 44.08% upside from current levels. In a report released on April 14, CLSA also maintained a Buy rating on the stock with a S$2.6

Market SnapshotSingapore stocks opened higher on Monday. STI up 0.7%; ICP up 14%; OCBC and DBS up 1%.Stocks to WatchST Engineering : Ravinder Singh, group chief operating officer (technology and innovation) and president for defence and public security, will retire on May 31. Mervyn Tan, managing director for investment at venture capital firm Vertex, will join the group to assume the roles, effective Jun 1. Singh, 61, will take on an advisory role from Jun 1, ST Engineering said in a statement on Thursday. Shares of ST Engineering closed at S$7.13 on Thursday, up S$0.10 or 1.4 per cent.Keppel : The asset manager and operator announced on Monday that it secured nearly S$2 billion in new capital commitments from institutional investors across three flagship funds, representing around S$4.9

Singapore shares rose 6% this week as the softening in the trade rhetoric is being seen as a bullish sign that the Trump administration is becoming attentive to capital market developments.In terms of star stocks, $DFIRG USD(D01.SI)$ rose 11%, $SGX(S68.SI)$ rose 8%, $UOB(U11.SI)$ rose 7%; $Xiaomi HK SDR 2to1(HXXD.SI)$ fell 7%; $Meituan HK SDR 5to1(HMTD.SI)$ fell 6%; $Top Glove(BVA.SI)$ fell 4%.Market NewsSingapore Exchange Says In Q1, FX Futures Volume Increased 45% To $1.2 TrillionSingapore Exchange says that in Q1, FX fu

Market SnapshotSingapore stocks opened higher on Thursday. STI edged higher; Nam Cheong and NIO rose 5%; Singtel rose 1%.Stocks to Watch$CapitaLand Investment(9CI.SI)$ (CLI): The real estate investment manager announced on Thursday that it intends to launch its first real estate investment trust (Reit) in China, to be named CapitaLand Commercial C-Reit (CLCR). CLI applied to register the Reit with the China Securities Regulatory Commission, and applied to list the Reit on the Shanghai Stock Exchange. The listing would mark the first internationally sponsored retail China Reit and the first such China Reit by a Singapore-based company once approved. CLCR will be seeded with the mature assets CapitaMall Sky+ in Guangzhou and CapitaMall Yuhuating i

Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.3%; Singtel rose 2%; SIA Engineering rose 1%; DBS rose 0.4%.Stocks to Watch$Singapore Airlines(C6L.SI)$ (SIA): SIA and its low-cost arm Scoot reported a 0.8 per cent year-on-year drop in combined passenger traffic in March, partly due to the shift in the Easter holiday from March in 2024 to April in 2025. Scoot’s passenger traffic fell 5.5 per cent to 2.7 billion, while SIA’s was up 0.5 per cent at 9.9 billion, the national carrier said in an operating update on Tuesday. The two airlines carried a combined total of 3.3 million passengers in March, 0.8 per cent higher than the same period last year. Shares of SIA closed on Tuesday up 1.4 per cent or S$0.09 at S$6.30.

Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.6%; SIA rose 1.5%; Genting Singapore rose 1.4%; SGX and Seatrium rose 1.1%.Stocks to Watch$Wilmar International(F34.SI)$: The agribusiness group maintained its innocence after four judges who cleared it in a corruption case related to obtaining export permits, were reportedly arrested. A court last month acquitted three companies – Wilmar Group, Musim Mas Group and North Sumatra-based Permata Hijau Group – of charges of misconduct in obtaining export permits in 2022. A Reuters’ report on Monday said that three judges who made the ruling were arrested on Sunday night, following the arrest of a local court’s chief judge on bribery charges in the same matter. “We believe we are no

Market SnapshotSingapore stocks opened higher on Monday. STI rose 2.2%; Yangzijiang Shipbuilding rose 4%; DBS and Singtel rose 3%; OCBC, SIA, and UOB rose more than 2%.Stocks to Watch$Olam(VC2.SI)$: The agribusiness giant on Monday said it expects to fund the reorganisation of its business using divestment proceeds from the sale of both its remaining 64.6 per cent Olam Agri stake as well as its assets and businesses in the remaining Olam Group. It will sell its Olam Agri stake to Saudi Agricultural and Livestock Investment Company for US$2.6 billion in two tranches, with the first tranche set to complete in Q4 of 2025, subject to shareholders’ and regulatory approvals. Shares of Olam ended Friday flat at S$0.85 before the news.

Singapore shares plunged 8.2% this week as US-China trade wars intensified, with Beijing slapping a retaliatory 125% tax on the US.$Mapletree Log Tr(M44U.SI)$, $Keppel(BN4.SI)$, $DBS Group Holdings(D05.SI)$, $YZJ Fin Hldg(YF8.SI)$ and $Seatrium Ltd(5E2.SI)$ slumped over 10% this week.Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ ratingAnalysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs threaten a global trade

Market SnapshotSingapore stocks opened lower on Friday. STI fell 3%; DBS, Seatrium fell 5%; OCBC fell 4%; UOB, Yangzijiang Shipbuilding, Nio fell 3%; UOL fell 1.4%.Stocks to Watch $SATS LTD.(S58.SI)$: Terminal operator Sats-Creuers Cruise Services (SCCS), a 60:40 joint venture between Sats and European cruise operator Creuers del Port de Barcelona, is refurbishing Marina Bay Cruise Centre Singapore (MBCCS). The S$40 million upgrading works, which began in the first quarter of the year, will raise the centre’s handling capacity, update amenities and provide new facilities. The ground handler on Friday added that SCCS’ operator agreement for MBCCS has been extended for eight years, with the option to extend for another two years, potentially

Market SnapshotSingapore stocks opened higher on Thursday. STI up 8%; Yangzijiang Shipbuilding up 11%; UOB, DBS, Seatrium up 10%; Nio, Sembcorp up 5%.Stocks to Watch $ST Engineering(S63.SI)$: The company’s urban solutions business has secured a S$1.4 billion contract to provide turnkey rail services for the new Taichung mass rapid transit Blue Line. The contracted scope covers a period of about 14 years, and is expected to start in the second quarter of 2025. Shares of ST Engineering closed 0.6 per cent or S$0.04 lower at S$6.30 on Wednesday.Share buybacks $SGX(S68.SI)$: The bourse operator on Wednesday purchased 150,000 shares for a total of S$1.8 million at the price range of S$12.08 to S$12.15 each

Market SnapshotSingapore stocks opened lower on Wednesday. STI fell 1.7%; Sembcorp, Seatrium fell 4%; DBS, YZJ Shipbldg fell 3%; UOB fell 2%; OCBC fell 1.2%.Stocks to Watch $UOB(U11.SI)$: The bank said on Tuesday that it will inject additional fresh capital of two trillion dong (S$104 million) into its Vietnam subsidiary, bringing its total charter capital of the unit to 10 trillion dong. To “reaffirm its strong commitment” to Vietnam, UOB Group will invest in a new headquarters building in Ho Chi Minh City’s business district. UOB Vietnam is also investing in digital technology and artificial intelligence to develop a new digital banking platform, which is set to launch this year. Shares of UOB were down S$1.10 or 3.3 per cent at S$32.13, befor