Market Snapshot
Singapore stocks opened lower on Wednesday. STI down 0.7%; Elite UK up 1%; YZJ Shipbldg and China Aviation down 2%; Sembcorp, Nio, Genting Sing, OCBC and Keppel down 1%.
Stocks in Focus
SIA Engineering : The company posted a 13.5 per cent improvement in net profit to S$40.4 million for the second quarter ended September, it said on Tuesday. The increase in revenue to S$370.6 million outpaced that in expenditure and contributions from associated and joint-venture companies rose. Shares of SIA Engineering closed S$0.08 or 2.3 per cent down at S$3.47 on Tuesday, before its financial results were published.
Parkway Life Reit : The manager of the real estate investment trust (Reit) raised third-quarter distribution per unit (DPU) by 2.3 per cent to S$0.1156 from S$0.113 in Q3 2024. Distributable income rose 10.4 per cent to S$75.4 million and revenue climbed 8.2 per cent to about S$117.3 million, boosting net property income by 8.1 per cent. Units of Parkway Life Reit fell 1 per cent or S$0.04 to close at S$4.03 on Tuesday.
Lendlease Reit : The manager of the Reit on Wednesday announced that it has signed an agreement to acquire the 70 per cent of PLQ Mall that it does not own. Upon completion of the transaction, Lendlease Reit’s total asset value will increase to S$3.9 billion, with Singapore representing 89 per cent of the portfolio. Gearing will be 38.3 per cent on a pro forma basis post-acquisition. Units of Lendlease Reit closed 2.3 per cent or S$0.015 down at S$0.635 before the news.
Aims Apac Reit : Its DPU for the first half of FY2026 was up 1.1 per cent at S$0.0472 from S$0.0467 in H1 FY2025. Revenue for H1 stood at S$93.7 million, inching up 0.2 per cent from S$93.5 million in the same period a year prior. The counter ended Tuesday flat at S$1.38 before the announcement.
Manulife US Reit : The manager of the Reit on Wednesday reported a portfolio occupancy of 68.2 per cent for its third quarter ended September, down from 68.4 per cent in the previous quarter. As at end-September, the Reit’s gearing stood at 59.6 per cent and its weighted average debt maturity was 2.6 years. Units of Manulife US Reit fell 1.4 per cent or US$0.001 to close at US$0.073 on Tuesday.
The manager of Elite UK Reit on Tuesday (Nov 4) posted a distribution per unit (DPU) of £0.0233 for the nine months ended Sep 30, 2025, up 9.4 per cent from £0.0213 in the year-ago period. This was based on a payout ratio of 95 per cent for the period, and of 90 per cent for the corresponding period in 2024.
SG Local News
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director Chia Der Jiun.
The Singdollar lacks important attributes of reserve currencies, Chia said in an interview with The Business Times ahead of the Singapore Fintech Festival happening from Nov 12 to 14.
Smaller Singapore stocks rank amongst 2025’s most traded: SGX
Twenty-two Singapore-listed stocks outside the top 100 by market capitalisation are amongst the market’s 100 most traded counters this year, highlighting strong investor interest in smaller names, as per SGX report.
These 22 stocks have a combined market value of $8.15b and an average daily turnover (ADT) of $42.9m as of 21 Oct 2025. In comparison, Genting Singapore, with an $8.89b market cap, sees an ADT of $25.6m.