SG Morning Call | Singapore Stocks Open Slightly Higher; STI Up Over 0.1%, JMH USD Up Over 1%
Market Snapshot On Monday, October 12, Singapore stocks opened slightly higher. The STI rose over 0.1%, JMH USD gained more than 1%, and AEM SGD advanced 0.6%, while Singtel fell 0.7% and UOL dropped 0.6%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Oct 12): Singapore Exchange (SGX) : Securities daily average value on the SGX rose 27 per cent year on year to S$1.9 billion in September, with turnover also up 27 per cent at S$42.2 billion. This came as global investors “sought trusted markets and risk-management tools amid persistent uncertainty marked by elevated energy prices and higher borrowing costs”, said the bourse operator. Shares of SGX rose 0.4 per cent to close S$0.09 higher at S$20.73 on Friday. UMS Integrati
SGX Weekly Review | STI Drops Over 4%; AWX Surges More Than 7%, Nearing Record High; OCBC Bank Falls Over 8%, UOB Down More Than 7%, DBS Slips 5%
Singapore stocks extended their weakness this week, with the STI plunging 4.13% for the week. Pressure from oil and the bond market continued to weigh on sentiment. On the individual stock front, $AEM SGD(AWX.SI)$ surged over 7% for the week, approaching its historical high; $First Resources(EB5.SI)$ gained more than 6.5%. $Ambiq Micro(AMQ.SI)$ plunged nearly 14%, while $OCBC Bank(O39.SI)$ fell over 8%, $UOB(U11.SI)$ dropped more than 7%, and $DBS(D05.SI)$ declined 5%. Market News Singapore retail sales growth slows to 0.7%
Singapore Bank Stocks Extend Losses After JPMorgan Flags Pressure From Soaring Long Bond Yields on Q3 Profits
Singapore bank shares deepened their decline on Friday as JPMorgan Chase & Co. cautioned that sharply rising long bond yields will weigh on third-quarter earnings for lenders in Southeast Asia. $UOB(U11.SI)$ fell 1.91%; $DBS(D05.SI)$ fell 1.27%; $OCBC Bank(O39.SI)$ fell 0.45%. On Thursday, DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. each fell more than 4%, while United Overseas Bank Ltd. dropped 5.2%. These stocks were among the heaviest drags on the benchmark Straits Times Index, which plunged 3.5%, its biggest drop since April 2025. The index was the weakest performer in Asia. The slide follows a multiyear rally in Singapore lenders fuel
SG Morning Call | STI Opens 0.72% Higher. OCBC Bank, UOB, Bumitama Agri, OUEREIT, YZJ Shipbldg Jump Around 1%
Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.72%; OCBC Bank, UOB, Bumitama Agri, OUEREIT, YZJ Shipbldg jumped around 1%. Stocks in Focus $Frasers Property(TQ5.SI)$: The CEO of Frasers Hospitality Eu Chin Fen will be stepping down, effective Jan 1, 2027. This follows the privatisation of Frasers Hospitality Trust and its portfolio optimisation. Frasers Hospitality’s leadership structure “will be strategically segmented, aligning with group resources, and reporting into senior group leadership”. Its chief operating officer Chew Hang Song will report to the group CEO. The counter closed at S$0.955 on Thursday, down S$0.01 or 1 per cent. $StarHub(CC3.SI)$: The telco said it will ac
SG Morning Call | STI Opens 1% Lower; DBS, UOB Drop Around 2%; OCBC Bank Down over 1%; Capland IntCom T, YZJ Shipbldg up over 1%
Market Snapshot Singapore stocks opened lower on Thursday. STI fell 1%; DBS, UOB dropped around 2%; OCBC Bank down over 1%; Capland IntCom T, YZJ Shipbldg up over 1%. Stocks in Focus $SIA(C6L.SI)$: Singapore Airlines and Air India will offer standalone code-share flights and “enhanced” frequent-flyer benefits, giving passengers “greater flexibility” in trip planning with 126 weekly flights, the two carriers announced on Wednesday. The expanded offerings cover flights between Singapore and eight Indian cities: Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Kolkata and Mumbai. $CapitaLand Investment(9CI.SI)$: CapitaLand Investment and IOI Properties Group are now in exclusive due diligence for
SG Morning Call | STI Down 0.6%; JMH USD Up Over 2%, OCBC Bank Down Over 3%
Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.82%; AEM SGD up over 6%; UMS, Kep Infra Tr up about 2%; JMH USD, Singtel, DBS, OCBC Bank, UOL up over 1%. Stocks in Focus The following company saw new developments that may affect trading of its securities on Wednesday (Oct 7): ESR-Reit : The real estate investment trust (Reit) manager said on Tuesday that it has recovered around 75 per cent of outstanding arrears resulting from a default in rental payments at some of its Australian properties. This leaves A$3 million (US$2.1 million) in outstanding arrears, after they were recovered through the partial drawdown of the banker’s guarantees. Units of ESR-Reit closed flat at S$2.04 on Tuesday, before the announcement. SG Local News MAS’ third EQDP shot of S$1.45 billion a
SG Morning Call | STI Index Up 0.07%; Jardine C&C Rises Over 2%, JMH USD Up More Than 1%
Market Snapshot On Tuesday, Singapore stocks opened slightly higher, with the STI index rising 0.07%. $Jardine C&C(C07.SI)$ gained more than 2%, and JMH USD rose over 1%; AEM SGD fell about 0.4%, and UMS dropped more than 1%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 6): Civmec : The engineering and construction company has secured a series of new contract awards and extensions with a combined value exceeding A$220 million (US$153.3 million), the company announced on Monday. The recent string of wins bolsters the group’s total order book to about A$1.5 billion. Shares of Civmec ended flat at S$1.52 on Monday, before the announcement. Aspial Lifestyle : The compa
SG Morning Call | STI Opens 0.82% Higher; AEM SGD up over 6%; UMS, Kep Infra Tr up About 2%; Singtel, DBS, OCBC Bank, UOL up over 1%
Market Snapshot Singapore stocks opened higher on Monday, with the STI Index rising 0.15%. JMH USD gained 2.4%, AEM SGD climbed 1.9%, DBS advanced 0.6%, while OCBC Bank and UOL both rose nearly 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Oct 5): Far East Orchard : O10 0%, Far East Hospitality Trust (FEHT) : Q5T 0%: Far East Orchard is acquiring an additional 42 per cent stake in the managers of FEHT for S$28.3 million. This transaction will propel its core assets under management past its S$3 billion target to S$3.9 billion, Far East Orchard announced on Monday. Shares of Far East Orchard ended 1 per cent or S$0.01 higher at S$1.06 on Friday. Shares of FEHT ended at S$0.51, 1.9 per cent or S$0.01 lower. UltraG
SG Morning Call | Singapore's CapitaLand Investment Wins $1.9 Billion Income Insurance Real Estate Mandate
Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.2%; OCBC rose 0.7%; SGX fell 0.7%; Sembcorp fell 0.5%. Stocks in Focus $Singapore Exchange(S68.SI)$ (SGX): The group and the Vietnam Exchange (VNX) signed a memorandum of understanding (MOU) to “strengthen their collaboration and jointly explore the establishment of a depository receipt linkage”, they said on Thursday. The MOU aims to enhance cross-border investment opportunities and promote greater connectivity between the two markets. It builds on a 2024 agreement and establishes a framework for SGX and VNX to jointly examine and develop depository receipt products between the two markets. Shares of SGX ended flat at S$22.61 on Thursday, before the news. SG Local News Singapo
SG Morning Call | Singapore Power Rates to Fall From Record After Fuel Price Drop
Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.4%; Keppel, YZJ Shipbldg fell 1%; OCBC fell 0.7%; DBS, SIA fell 0.6%; UOB, SGX fell 0.4%. Stocks in Focus $DBS(D05.SI)$: The bank on Thursday said it has appointed Gautam Banerjee to the boards of DBS Group Holdings and DBS Bank, with immediate effect. Banerjee is currently chairman and senior managing director of Blackstone Singapore. He also serves on the boards of Singtel and GIC. Shares of DBS fell 1.1 per cent or S$0.88 to close at S$77.50 on Wednesday. $DFI Retail(D01.SI)$: The group is set to take over the Starbucks business in Asia from Maxim’s Caterers, it said on Wednesday. DFI indirectly holds a 50 per cent stake in Maxim