Iggy’s Journal: SGX Weekly Review: One Winner Trades in US Dollars, One Is Also US-Listed. What Changes for You?

Iggy’s Journal: SGX Weekly Review: One Winner Trades in US Dollars, One Is Also US-Listed. What Changes for You?

Sunday 25 Oct 2026 | Afternoon

The Numbers

From the weekly review: JMH rose a little over 5% in US dollars across the five trading days. AvePoint, another name in the review, is listed in both the United States and Singapore.

An illustration from the episode, with made-up numbers: a share priced at US$10 rises to US$10.50, a gain of 5%. A S$13 starting value becomes S$13.02 after the exchange rate weakens, which implies a move from about S$1.30 to S$1.24 per US dollar (my back-calculation).

My Personal Take

A percentage without its currency is half a sentence. In the example, a 5% gain in US dollars moved a S$13 holding by 2 cents. The AvePoint half interests me more, because a company listed in two places may announce on the American schedule.

📺 YouTube: https://youtu.be/2lxBrQHDPVE

Cheers, Iggy 🦖

Not financial advice. Iggy’s Forensic Compliance Standards apply.

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Comment(3)

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  • zookee
    ·10-25 23:12
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    That line about percentages needing a currency is dead on. A 5% USD gain turning into just S$0.02 is exactly the part people forget when they only stare at the stock chart
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  • KarenAldridge
    ·10-25 23:12
    That 5 percent vs 2 cents example is the whole point. For AvePoint, the US filing clock matters more since those gaps can open a few percent in earnings season
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  • z1234588
    ·10-26 16:35
    Nice AI comic and summary on these stocks, many unknowns happening in the world leading to unpredictable but yet exciting times ahead!
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