To The Moon

Singapore stocks rose this week, with the STI up 1.8%, as investor sentiment improve due to slimming chances of the US Federal Reserve hiking interest rates. In terms of individual stocks, OCBC rose 3.9%; DBS rose 3.3%; UOB rose 3%; Sembcorp rose 1.7%; Seatrium fell 1.8%; SIA fell 1.9%; NIO fell 12.4%. Market News Singapore Tax Revenue Hits Record S$97.3 Billion, up 9.4% on Stronger Economy The Inland Revenue Authority of Singapore collected S$97.3 billion in tax revenue in the financial year 2025/2026, up 9.4 per cent from the previous financial year, driven by stronger economic activity and consumer spending. According to IRAS data dating back to 2002, this marks the highest tax collection on record. The sum accounted for 74.8 per cent of the Government’s operating re

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.41%. AEM SGD rose more than 2%, Kep Infra Tr gained 1.9%, and UMS advanced 1.6%, while JMH USD fell 1.6% and UOL declined 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Friday (Sep 4): OCBC : The bank on Friday said it has priced US$750 million worth of covered bonds under its US$10 billion global covered bond programme. The net proceeds will be used for general corporate purposes. The bonds, expected to be issued on Sep 11, will bear interest at 4.63 per cent per annum, payable semi-annually in arrear. Shares of OCBC rose 0.2 per cent to close S$0.07 higher at S$31.92 on Thursday. NTT DC Reit : The manager of the real estate investment trust (Reit) on T

Market Snapshot On Thursday, Singapore stocks opened higher, with the Straits Times Index (STI) up more than 0.5%. $AEM SGD(AWX.SI)$ rose 1.6%, while DBS, JMH USD, and OCBC Bank gained over 1%; UMS added 0.8%. On the downside, Singtel fell 0.7% and UOL Group slipped 0.3%. SG Local News Singapore factories keep humming on AI boom as PMI rises to 51.5 The Republic’s factory activity expanded at a slightly faster pace in August, supported by an artificial intelligence-driven semiconductor supercycle, even as the prolonged Middle East crisis kept supply chains and energy costs under pressure.  The purchasing managers’ index (PMI) edged up 0.1 point from July to 51.5 last month, data from the Singapore Institute of Purchasing and Materials Manag

Market Snapshot Singapore's STI Edges Higher at Open on Wednesday; JMH USD Rises 1.5%, AEM SGD +0.8%, UOL +0.2%, DBS +0.17%; UMS -0.39% Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 2): Keppel DC Reit : The real estate investment trust’s (Reit) private placement to partially fund the majority acquisitions of two Japan data centres has been upsized from S$600 million to S$625 million on “strong demand” from investors, its manager said on Wednesday. The placement was about 3.4 times covered. The issue price per new unit has been fixed at S$2.10, with the new units set to trade from Sep 10. Units of Keppel DC Reit closed flat at S$2.20 on Monday, before the manager called for a trading halt before the market opened

Market Snapshot Singapore's STI index nearly flat‑lined on Tuesday; $AEM SGD(AWX.SI)$ fell around 0.7%, $UMS(558.SI)$ dropped 0.75%; $JMH USD(J36.SI)$ rose 1.6%, $UOL(U14.SI)$ gained nearly 1%, and $Singtel 10(Z77.SI)$ climbed 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 1): Frasers Property : The property developer, investor and operator on Monday said it acquired Cuppage Terrace – a cluster of 17 conservation shophouses in the Orchard Road area – for an agreed property value of S$175 m

Market Snapshot Monday, August 31, Singapore shares commenced the session in negative territory, with the Straits Times Index (STI) declining 0.11%. $AEM SGD(AWX.SI)$ slid over 2%, $UMS(558.SI)$ fell 1.8%, and $JMH USD(J36.SI)$ retreated 0.77%. In contrast, Kep Infra Tr climbed nearly 1%, while OCBC Bank and DBS added 0.7% and 0.5%, respectively. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Aug 31): ComfortDelGro : A consortium formed by ComfortDelGro (CDG) and French transport company RATP Dev will operate and maintain all four lines of the Copenhagen metro system from September 2027,

Singapore’s benchmark indices were mixed this week, with the Straits Times Index (STI) edging up 0.19% for the week. All three local banking heavyweights closed higher: $DBS(D05.SI)$ added 0.2% week on week, $OCBC Bank(O39.SI)$ rose 0.29% and hit a fresh intraday record on Aug 26, while $UOB(U11.SI)$ gained 0.62% across the week. Elsewhere, $Seatrium Ltd(5E2.SI)$ advanced 2.33% and $Wilmar Intl(F34.SI)$ climbed 2.7%. On the downside, $UOL(U14.SI)$ dropped 3.87%, $DFIRG USD(D01.SI)$

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.15%; AvePoint up 7%; Seatrium, UOL, AEM SGD up over 1%; YZJ Maritime, Great Eastern, YZJ Shipbldg up within 1%. Stocks in Focus $Frencken(E28.SI)$: The tech solutions provider on Thursday announced that it plans to raise S$100 million through a proposed placement of 44.1 million shares at S$2.2687 each. The new shares will be offered privately to institutional and accredited private investors. The proposed placement share price is at a 10 per cent discount and represents about 10.3 per cent of the existing issued shares as at Thursday. The counter closed flat at S$2.54 on Tuesday, before the company called for a trading halt. It resumes trading on Friday.

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.27%; Sri Trang Agro, AEM SGD up over 2%; UMS, ST Engineering, ThaiBev, Olam Group up over 1%. Stocks in Focus $UOB(U11.SI)$: The bank on Thursday said it priced a one billion euro (US$1.2 billion) dual-tranche covered bond transaction across two-year and five-year tenors, the first offering of its kind by an Asian issuer. The issuance generated “exceptionally strong” demand, with order books peaking at over 4.25 billion euros, allowing the bank to significantly tighten pricing and achieve highly attractive funding costs. UOB shares fell 0.4 per cent or S$0.16 to close at S$40.95 on Wednesday. $ST Engineering(S63.SI)$: The group’s ur

Market Snapshot Singapore stocks opened flat on Wednesday. Wing Tai, Golden Agri-Res up nearly 2%; SingPost jumped 1.5% as Q1 operating profit up 55.2%; UOB Kay Hian, PanUnited up around 1%. Stocks in Focus $Singapore Post(S08.SI)$ (SingPost): The postal service operator posted an operating profit of S$4.1 million for its first fiscal quarter ended Jun 30, up 55.2 per cent on an annualised basis. The growth was driven primarily by cost management, lower labour-related costs and efficiency gains, the group said on Wednesday. Group revenue for Q1 fell marginally by 0.9 per cent year on year to S$93.4 million, but operating profit margin expanded from 2.8 to 4.4 per cent. SingPost shares fell 2.9 per cent or S$0.01 to close at S$0.33 on Tuesday. $Marco