Weekly Buybacks: OUE, ValueMax, Ho Bee Land & Sinostar PEC Professional directors raise stake
The four trading sessions saw close to 70 director interests and substantial shareholdings filed for more than 30 primary-listed stocks. Directors or CEOs filed 19 acquisitions, and one disposal, while substantial shareholders filed eight acquisitions and one disposal. 1. $OUE(LJ3.SI)$ Between April 7 and April 11, OUE Executive Chairman and Group Chief Executive Officer Stephen Riady increased his deemed interest from 72.93% to 73.08%. This was through Lippo Assets (International) Limited acquiring 847,000 Shares at an average price of S$0.91 per share, and Hongkong Chinese Limited (HCL) acquiring an aggregate of 347,100 shares at an average price of S$0.94 per share. 2. $ValueMax(T6I.SI)$ Between 7
MIGU, AJBU & CMOU - S-REITs kick off earnings season
$Sabana Reit(M1GU.SI)$ kicked off the current earnings release season for S-REITs on April 15 with the release of its 1Q25 financial results. This was followed by $Keppel DC Reit(AJBU.SI)$ and $KepPacOakReitUSD(CMOU.SI)$ both reporting 1Q25 business updates on April 17.Another 26 S-REITs have also confirmed that they will unveil financial results or business updates between April 22 and May 7 for their respective periods ended 31 March 2025. Among them, 3 will report full-year financial results, 3 will report first-half or third-quarter financial results, and another 20 will provide quarterly business updates.1.
The five trading sessions saw close to 80 director interests and substantial shareholdings filed for 40 primary-listed stocks. Directors or CEOs filed 28 acquisitions, and one disposal, while substantial shareholders filed 10 acquisition and one disposal. 1. $Wilmar Intl(F34.SI)$ On April 7, Wilmar International chairman and CEO Kuok Khoon Hong grew his deemed interest in the global agribusiness by 598,900 shares at an average price of S$3.02 apiece. This increased his total interest from 14.33% to 14.34%. He has gradually increased his total interest in Wilmar from 12.94% in October 2022. His preceding acquisition was on February 21 with 1,662,800 shares acquired at S$3.07 apiece. Mr Kuok has gradually increased his total interest in Wilma
S-REITs’ yields remain compelling for defensive investors amid market volatility
The ongoing uncertainty due to tariffs and trade tensions has caused significant volatility in global markets over the past week, as investors take a risk-off approach. Real estate investment trusts in Singapore (S-REITs) have not been spared from the weaker sentiment, with a large sell off last week, even though a temporary reprieve from certain tariffs was announced on April 9. Since the “Liberation Day” tariffs were announced by US President Donald Trump on April 2, the iEdge S-REIT index has fallen 7.5% as of April 10, reversing the positive performance seen last month. Even so, Singapore’s REIT benchmark has fared better than other major stock indices over the same period. By comparison, the broader $Straits Times Index(STI.
Weekly Inflows: Uni-Asia & Oceanus Professional directors raise stake
The four trading sessions saw more than 50 director interests and substantial shareholdings filed for more than 30 primary-listed stocks. Directors or CEOs filed five acquisitions, and one disposal, while substantial shareholders filed five acquisition and four disposals. 1. $Uni-Asia Grp(CHJ.SI)$ Precious Shipping Public Company Limited (PSL) has become a substantial shareholder of Uni-Asia Group, following Unity Ventures Pte Ltd acquiring 46,000 shares on March 26. The shares were acquired at an average price of S$0.798 apiece and took PSL’s total substantial shareholding above the 5.00% threshold from 4.96% to 5.02%. PSL directly holds 100% of the interests in Precious Shipping (Singapore) Pte Limited (PSSP), which in turn directly holds
Global markets experienced a sell-off after United States President Donald Trump imposed a 10% baseline tariff on imported goods from all countries starting April 5. US markets reacted sharply, with $S&P 500(.SPX)$$Dow Jones(.DJI)$$NASDAQ(.IXIC)$ dropping 4.8%, 4% and 6% respectively on the April 3 session.Following that and on April 4, $Straits Times Index(STI.SI)$ dipped close to 2% in the morning session and saw approximately S$1.6 billion worth of shares change hands. STI closed the week with a 3.7% decline, after 5 consecutive sessions of losses.In contrast, Singapore real estate investment trusts (S-REITs)
💰STI Hits All-Time High: Top 10 Q1 SGX Winners & Q2 2025 Outlook
In the past Q1 of 2025,The $Straits Times Index(STI.SI)$ has just crossed a major milestone, hitting an all-time high of 4,005 on 27 March 2025.This new record surpasses its previous peak from October 2023, and even the high it reached way back in 2007 before the Global Financial Crisis.What makes this climb even more noteworthy is the context: while the US market continues to struggle with volatility — partly due to ongoing trade tensions and tariff concerns — the $Straits Times Index(STI.SI)$ has quietly pushed its way higher.You may also be interested in the top 10 best-performing stocks on the $SGX(S68.SI)$ in Q1 2025:
Weekly Inflows: Hosen, Audience & ABR Professional directors raise stake
The five trading sessions saw more than 70 director interests and substantial shareholdings filed for close to 40 primary-listed stocks. Directors or CEOs filed 11 acquisitions, and no disposals, while substantial shareholders filed five acquisitions and two disposals. 1. $Hosen(5EV.SI)$ On March 18, Hosen Group Executive Director and CEO Daniel Lim Hock Chye acquired 716,000 shares at an average price of S$0.44 apiece. This increased his direct interest from 2.72% to 2.94%. His preceding acquisitions were in early December with 1,774,600 shares acquired at an average price of S$0.04 per share. Mr Lim joined the Group in 1997 and became Executive Director in March 2004. He oversees brand building, procurement, international sales, and the
S-REITs surge as banks decline; see beginnings of a rebound
Trade tensions on global markets were evident in the performance of global banks in recent weeks. The Singapore trio of $DBS Group Holdings(D05.SI)$$ocbc bank(O39.SI)$$UOB(U11.SI)$ averaged declines of 1.4%. At the same time, recent US inflation data came in below expectations, with concerns about the weakening growth outlook in the US. Despite the recent broad market downturn, Singapore real estate investment trusts (S-REITs) rebounded strongly with the iEdge S-REIT Index gaining close to 5% over the past two weeks.Larger market capitalisation S-REITs have also led the sector’s recent gains. Within the $Strai