To The Moon

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.

Market Snapshot Singapore stocks opened lower on Wednesday. $NIO Inc.(NIO)$, $SGX(S68.SI)$ and $Keppel(BN4.SI)$ fell 1%; $Wilmar Intl(F34.SI)$ rose 1%. Stocks in Focus $ESR REIT(9A4U.SI)$: The real estate investment trust (Reit) is set to buy five freehold logistics properties in Melbourne, Australia, for A$276.8 million (US$192.4 million). The acquisition will increase its distribution per unit by 4.3 per cent on a pro forma basis, the Reit’s manager said on Tuesday. The properties will be acquired from Frasers Property. The manager noted that the Australian logistics s

Market Snapshot Singapore stocks opened higher on Tuesday. $NIO Inc.(NIO)$ rose 1.62%; $Genting Sing(G13.SI)$ rose 0.81%; $Sembcorp Ind(U96.SI)$ rose 0.7%. Stocks in Focus $DFIRG USD(D01.SI)$: Current group chief financial officer Tom van der Lee has been appointed as CEO (Food), with group finance director for planning and reporting, Kaizhi Wu, set to take his place. Both changes will take effect on Aug 1, said DFI on Monday. As a result of van der Lee’s appointment and subject to board approval, he will cease his duties as a DFI director. Shares of DFI fell 0.3 per cent to close US$0.01 lower at S$3.65 on Monday,

Market Snapshot Singapore stocks opened flat on Monday. $SATS(S58.SI)$ fell 1.57%; $Sembcorp Ind(U96.SI)$ fell 1.34%. Stocks in Focus $SIA Engineering(S59.SI)$: The group on Friday announced that it signed a memorandum of understanding with Air India to explore opportunities to collaborate in maintenance, repair and overhaul (MRO) aspects. It will leverage SIA Engineering’s MRO and technical expertise, as well as Air India’s airline operations network, to jointly develop a world-class MRO ecosystem in India as part of the venture. Shares of SIA Engineering rose 0.3 per cent to close S$0.01 higher at S$3.47 on Friday before the news.

Singapore’s equities market posted strong gains this week, tracking a broader rally across regional markets. A weaker-than-expected U.S. nonfarm payroll report eased market concerns over monetary tightening risks. The Straits Times Index (STI) climbed more than 1% for the week, closing at a record high of 5,244.29 points. In terms of individual stocks, $UOB(U11.SI)$ gained over 1% this week to hit a record high. $DBS(D05.SI)$ rose more than 2% across the week, $OCBC Bank(O39.SI)$ advanced 1.8%, while $YZJ Shipbldg SGD(BS6.SI)$ climbed 1.7%. Market News New opportunities for Singapore businesses as Timor-Leste div

Market Snapshot Singapore Stocks Open Mixed on Friday; STI Edges Down 0.2%; JMH USD Climbs Over 1%; DBS Slips 0.4%; AEM SGD Drops 1.6%; UMS Falls Nearly 2%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Friday (Jul 3): $Frasers Property(TQ5.SI)$: Soon Su Lin will step down as the CEO of Frasers Property Singapore on Oct 1, transitioning to a group advisory role, the property group announced on Friday. She will be succeeded by Tan Wee Hsien, 55, who is scheduled to join the company as CEO-designate on Sep 8. Shares of Frasers Property ended at S$1.07 on Thursday, up 0.9 per cent or S$0.01. $EliteUKREIT GBP(MXNU.SI)$: The manager of the real