To The Moon

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.1%; AWX fell 0.46%; AIY fell 0.37%; A17U fell 0.45%; U11 fell 0.2%. Stocks in Focus $Frasers Cpt Tr(J69U.SI)$: The trust posted a distribution per unit (DPU) of S$0.06214 for the second half ended September, up 2.6 per cent from S$0.06059 in the previous corresponding period. This raised total DPU for FY2026 to S$0.1235 – a new high. Revenue for H2 was up 8.7 per cent at S$223 million, and net property income rose 11.5 per cent to S$160.9 million. The increases were driven by contributions from Northpoint City South Wing, as well as higher passing rents across most malls. Units of FCT ended Wednesday 1 per cent or S$0.02 higher at S$2.06.

$Singtel(Z74.SI)$ shares fell more than 1% on Wednesday after Singapore’s telecommunications regulator fined the group S$1 million over mobile service disruptions in March that affected around 720,000 subscribers. The Infocomm Media Development Authority said the outages on March 16, 18 and 19 were preventable, citing cooling system failures, inadequate monitoring and technical issues following network traffic rerouting. The regulator ruled out a cyberattack. Singtel has since strengthened its network monitoring and maintenance procedures. It also provided about S$8 million in goodwill rebates to affected customers. The penalty adds to scrutiny of network reliability across the group, as its Australian subsidiary Optus has also faced criticism o

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.4%; UOB, Yangzijiang Shipbuilding, and SIA Engineering rose 1%; OCBC rose 0.9%; SIA rose 0.8%; DBS rose 0.5%. Stocks in Focus $Singtel(Z74.SI)$: The Infocomm Media Development Authority (IMDA) has imposed a penalty of S$1 million on the telecommunications provider over a series of mobile service disruptions in March that affected around 720,000 consumer and business subscribers. In a statement on Tuesday, IMDA said that its investigations found the outages on Mar 16, 18 and 19 were preventable and within the telco’s control. Shares of Singtel closed S$0.05 or 1.2 per cent higher at S$4.23 before the announcement. $Wee Hur(E3B.SI)$

Keppel Reit is acquiring a 51 per cent interest in Keppel South Central from its sponsor Keppel for a purchase price of S$610.9 million, boosting its presence in Singapore's premium office sector, the Reit manager announced on Tuesday (Oct 20), shares down 2%. The 33-storey Grade A commercial building, located in the central business district (CBD), carries a total value of approximately S$1.2 billion. With 522,500 square feet of net lettable area, this equates to an overall building valuation of roughly S$2,350 per square foot (psf). Based on this total valuation, the agreed property value for Keppel Reit's 51 per cent interest on a 70-year leasehold basis amounts to S$626.2 million. "The proposed acquisition of Keppel South Central increases our presence in Singapore to 82 per cent," sa

Market Snapshot Singapore stocks opened Higher on Tuesday. STI rose 0.2%; OV8 rose 0.7%; S63 rose 0.7%; Z74, C6L rose 0.5%; U11 rose 0.4%. Stocks in Focus $First Resources(EB5.SI)$: The palm oil company is “confident” that an objective review will establish that it does not engage in land clearing by fire, and has welcomed a thorough, evidence-based examination of the facts surrounding the haze situation. On Tuesday, the group said that it maintains a zero-burning policy, which is strictly enforced across its operations. Shares of First Resources closed 3.4 per cent or S$0.13 higher at S$3.93 on Monday. $Keppel Reit(K71U.SI)$: The manager announced on Tuesday that is buying a 51 per cent stake in Kep

Market Snapshot Singapore stocks opened Lower on Monday. STI fell 0.14%; AJBU fell 1.9%; AWX fell 1.7%; G13 fell 1.6%; OV8 fell 0.3%. Stocks in Focus $Bumitama Agri(P8Z.SI)$: The company said on Friday that preliminary investigations had found no evidence linking its operations to the forest fires in Indonesia or the haze affecting Singapore. It added that a fire in one of its concessions had originated outside its boundaries before spreading into the area. The counter fell 4.8 per cent or S$0.09 to S$1.78 on Friday before the company called for a trading halt to issue a clarification statement. It will resume trading on Monday. $Wee Hur(E3B.SI)$: The property and construction group is entering Singap

Singapore stocks rose this week, with the STI up 0.3%, as investors digested a stronger-than-expected surge in non-oil domestic exports (NODX), even as palm oil counters came under pressure amid scrutiny over haze-causing fires. In terms of individual stocks, UOB rose 4.1%; Yangzijiang Shipbuilding rose 2.2%; SGX rose 1.3%; DBS rose 1%; SIA fell 0.6%; Singtel fell 1.4%; Wilmar fell 3.1%; Sats, Keppel fell 4%; SIA Engineering fell 6.5%; Seatrium fell 7.5%. Market News Singapore's MAS Stands Pat as Easing AI Boom Tames Inflation Singapore’s central bank unexpectedly left monetary policy unchanged as it expects both the global energy crunch and the artificial-intelligence boom to ease up in 2027. The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool rather

Market Snapshot On Friday, Singapore stocks opened higher, with the Straits Times Index (STI) rising nearly 0.3%. Singtel, DBS, OCBC Bank and UOL edged up modestly, while JMH USD fell more than 3% in early trade. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Friday (Oct 16): Singapore Airlines (SIA) : Passenger traffic rose 2.8 per cent year on year in September, supported by healthy demand across most regions, it said on Thursday. The group said it carried 3.5 million passengers during the month, up 3.7 per cent from a year earlier. Shares of SIA closed 0.8 per cent or S$0.05 lower at S$6.49 on Thursday, before the news. CapitaLand India Trust (Clint) : The trust on Thursday announced the launch of a new data centre in Chennai

Market Snapshot On Thursday, October 15, the Singapore stock market opened lower, with the STI down about 0.4%. AEM SGD tumbled over 6% in early trading, UMS fell more than 5%, while DBS, OCBC Bank, and UOL all edged down slightly. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Thursday (Oct 15): Hotel Properties Limited (HPL) : The hospitality management group said on Wednesday that it has not made any decision to sell or redevelop its properties, following a report that Hongkong Land is in talks to acquire a majority stake in Forum The Shopping Mall, HPL House and voco Orchard Singapore. Potential redevelopment plans of the properties were also raised. HPL added that there is no certainty any transaction or corporate action wi

Market Snapshot On Wednesday, Singapore stocks edged higher in early trading, with the STI index up 0.2%. Singtel rose more than 1%, while AEM SGD and JMH USD gained 0.8%. OCBC Bank and DBS edged lower. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 14): Kore US Real Estate Investment Trust (Reit) : The manager said on Tuesday that it has completed a full-floor spec-suite development, The Post at 10800 The Plaza Buildings in Bellevue, Washington. This is the Reit’s second such development at The Plaza Buildings, and its fourth full-floor spec-suite development in total. Half of its six suites were leased prior to completion. Units of Kore US Reit ended 1.3 per cent or US$0.002 down at US$0.15 on Tuesday, prior to