Keppel DC REIT Deal To Lift 2026 Secondary Fundraising Above S$4B
Secondary fundraising in Singapore totalled S$3.57 billion in the first eight months of 2026 and is on track to exceed S$4 billion with the inclusion of $Keppel DC Reit(AJBU.SI)$ 's S$625 million placement currently scheduled for 10 September. The five-year milestone reinforces the role of public equity markets in supporting listed companies beyond the IPO stage, with secondary fundraisings accounting for approximately 80% of the nearly S$90 billion raised through equity capital markets since the end of 2016. MU 03092026 Keppel DC REIT: Upsized S$625 Million Placement to Fund Japan Hyperscale Data Centre Acquisition Keppel DC REIT completed an upsized private placement to partially finance its acquisition of an 88.62% effective interest in two
Over the first eight months of 2026 (8M26), more than 70 primary-listed companies in Singapore collectively repurchased S$2.09 billion worth of shares on the open market, up from S$1.57 billion in 8M25 and S$855 million in 8M24. Companies repurchase shares to support employee compensation plans or deploy surplus capital more effectively. ACRA notes that buybacks can enhance key financial metrics such as Earnings per Share (EPS) and Return on Equity (ROE), take advantage of perceived undervaluation and reduce the overall cost of capital. 1. $Singtel(Z74.SI)$ Buyback activity in 2026 remained concentrated among the largest issuers, with $Singtel(Z74.SI)$ accounting for S$948.6 million, or ar
SGX August Review Sees STI Hit Record High as Developers and Earnings Leaders Drive Rotation
Two-thirds of the Singapore market reported semi-annual results in August, making earnings season the primary focus for investors. Beyond headline profit growth, investors assessed the resilience of companies to a mixed macro environment and the efficiency of their business operations at the micro level. Investors also focused on a more hawkish US rates environment, with rising Treasury yields and renewed expectations of higher-for-longer rates weighing on equity valuations. $NVIDIA(NVDA)$ 's results reinforced confidence in the durability of AI-related investment demand, while investors monitored further policy support measures from Beijing as Chinese growth concerns persisted, alongside developments in semiconductor trade restrictions and global
Over the five sessions, close to 90 director interests and substantial shareholdings were filed for around 40 primary-listed stocks. Directors or CEOs reported 22 acquisitions and four disposals, while substantial shareholders recorded seven acquisitions and seven disposals. In addition, the five sessions saw 17 primary-listed companies conduct buybacks with a total consideration of S$46 million, led by United Overseas Bank, Keppel and Singapore Telecommunications. 1. $Frencken(E28.SI)$ On 27 August, Frencken Group entered into a placement agreement with Maybank Securities as sole placement agent for a proposed placement of 44.08 million new shares at S$2.2687 per share to raise gross proceeds of S$100 million. The placement pri
Singapore Consumer Stocks Are Quietly Outperforming
While AI continues to dominate global headlines, Singapore’s non-cyclical consumer sector has quietly delivered robust performance. Amid macroeconomic uncertainty, the top 10 consumer staple stocks have averaged a 26.7% total return for the year-to-date, fueled by firm crude palm oil (CPO) prices and strong defensive retail demand. The 10 most actively traded non-cyclical consumer stocks in Singapore have also received combined net institutional inflows of S$327.4 million for the year to Aug 26, compared to net institutional outflows for the broader Singapore market. The outperformers include iEdge Singapore Next50 constituents such as $First Resources(EB5.SI)$ , $Sheng Siong(OV8.SI)$ ,
SGX Market Weekly Preview: STI Edges Up 0.19%; Dividend Windfall & August PMI in Focus
Week of September 1 – 4, 2026 1. Market Recap: STI Gains 0.19% For the week ended August 28, the $Straits Times Index(STI.SI)$ gained 0.19% to close at 5,699.93, as strength in banks, telecom, and the bourse operator offset sharp declines in Greater China tech SDRs. Defensive yield positioning and SGX Group's record FY2026 results helped the index hold its ground. Top-performing sectors included Interactive Home Entertainment (+7.50%), Specialized Finance (+6.37%), Advertising (+5.37%), Renewable Electricity (+4.61%), and Specialty Stores (+3.97%). Key stock movers: $SGX(S68.SI)$ +2.49% — The bourse operator advanced on rising regional trading volumes and derivatives activity, alongside its record FY2