To The Moon

Singapore Stocks End Week Lower; STI Drops 0.84% Singapore equities closed the week in negative territory, with the benchmark Straits Times Index (STI) falling 0.84% over the full week. Local Banks Mixed The three local banks posted mixed performances for the week. OCBC Bank gained 1%, while DBS declined 1.76% and UOB slipped 0.53%. Plantation Stocks Slump on Haze Concerns Singapore-listed plantation counters broadly retreated amid haze-related concerns. First Resources tumbled 10.6% for the week, Wilmar International fell 9.88%, Bumitama Agri dropped 6.75%, and Indofood Agri Resources lost 4.41%. Market News Singapore Q3 retrenchments rise to 4,800; resident unemployment edges up to 3%: flash data The number of layoffs rose to 4,800 in the third quarter, from 4,620 in Q2 – with Singapore’

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.12%; Suntec Reit up over 2%; Keppel, Great Eastern, ThaiBev, ESR REIT, Mapletree Log Tr up around 1%. Stocks in Focus $CapitaLand Ascendas Real Estate Investment Trust(A17U.SI)$ (Clar): The trust on Thursday recorded higher rental reversion in the third quarter of 2026 amid its drive to reshape its industrial portfolio. Its rental reversion for Q3 came in at 9.9 per cent, up from 5.2 per cent in Q2, and 7.6 per cent the year before. For the first nine months of 2026, rental reversion was 9 per cent. Portfolio occupancy improved slightly, rising to 90.1 per cent as at Sep 30, up from 89.1 per cent in the preceding quarter. But occupancy was still lower than the 91.3 per cent re

Market Snapshot Singapore stocks opened higher on Thursday. STI rose 0.22%; Keppel rose 1.88%; Great Eastern, Keppel Reit, OCBC Bank, Singtel up around 1%. Stocks in Focus $Keppel(BN4.SI)$: The asset manager and operator on Thursday reported a 20 per cent increase in its net profit for the third quarter ended Sep 30, 2026. Excluding its non-core portfolio for divestment and discontinued operations, net profit for “New Keppel” – the term the company uses to refer to its continuing core business – increased by close to 15 per cent year on year for the quarter. The increase in New Keppel’s profit was underpinned by stronger performance in its connectivity segment and steady earnings from its infrastructure segment, said the company. Shares of Keppe

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.23%; AEM SGD, PC Partner up over 3%; UMS, OUEREIT, AvePoint, Hong Leong Asia, ST Engineering up over 1%. Stocks in Focus $Seatrium(5E2.SI)$: The offshore and marine player announced on Tuesday it would collaborate with global energy company Karpowership to develop floating power and infrastructure solutions in Singapore. The parties said they aim to “create an integrated platform combining infrastructure development, financing, engineering, construction and operations”. Seatrium shares ended Tuesday flat at S$1.82 before the announcement. $Mapletree Industrial Trust(ME8U.SI)$ (MIT): The trust on Tuesday reported a distribution per unit of S$0.0297 for its second quarter ende

Market Snapshot Singapore stocks opened lower on Tuesday. STI fell 0.12%; iFast stock jumped over 2% as Q3 profit rises 24.5%; Bumitama Agri, UMS up over 3%. Stocks in Focus $CapitaLand Ascott Trust(HMN.SI)$ (Clas): The lodging trust reported on Tuesday a 4 per cent year-on-year improvement in same-store operating performance for Q3, excluding acquisitions, divestments and The Cavendish London, which was closed for renovations. Portfolio revenue per available unit stood at S$164, with occupancy at 84 per cent. Clas, which has S$8.7 billion in total assets, said profit was affected by portfolio reconstitution activities, although it remained relatively stable excluding the London property. Stapled securities of Clas ended 0.6 per cent or S$0.005 up at S$0.825 on Monday. $Keppel Infrastructu

Market Snapshot Singapore stocks opened flat on Monday. Golden Agri-Res, SingPost up nearly 2%; Seatrium, Keppel Reit up over 1%. Stocks in Focus $Keppel(BN4.SI)$, $Seatrium(5E2.SI)$: Keppel’s wholly owned subsidiary Rigco and Seatrium will collaborate to complete four offshore rigs under a contract worth over S$500 million. The drillship and jackup rig are expected to be delivered in 2027 and 2028, respectively, while construction plans for the remaining two rigs are still being assessed. Shares of Seatrium closed S$0.03 or 1.7 per cent higher at S$1.81 on Friday, while shares of Keppel closed S$0.05 or 0.5 per cent lower at S$10. $OUE Reit(TS0U.SI)$: Th

Singapore stocks rose this week, with the STI up 0.12% as the sell-off in artificial intelligence and semiconductor stocks eased. In terms of individual stocks, $AvePoint(AVP.SI)$ up nearly 8%; $Frasers Cpt Tr(J69U.SI)$ up about 6%; $JMH USD(J36.SI)$, $China Aviation(G92.SI)$ up over 5%; $UOL(U14.SI)$ up 4%; Market News Singapore's Core Inflation Rate Rises to 2% in September, Below Forecast Singapore's key consumer price gauge rose 2% in September from a year earlier, official data showed on Friday. The core inflation rate, which excludes private road transport and a

Market Snapshot Singapore stocks opened Higher on Friday. STI rose 0.05%; 9CI rose 1.7%; ME8U, 5E2 rose 1.1%; M44U, A17U rose 1%; U11 rose 0.1%. Stocks in Focus $Seatrium Ltd(5E2.SI)$: The offshore and marine group has secured a contract from power generation company Karpowership to convert and integrate five hydrogen-ready Whale Class Powerships, each capable of generating up to 600 megawatts of electricity. The first vessel is expected to arrive at Seatrium’s Tuas Boulevard Yard in December 2027. Shares of Seatrium closed S$0.05 or 2.7 per cent lower at S$1.78 on Thursday. $CapitaLandInvest(9CI.SI)$: The real asset manager has appointed banking veteran Hsieh Fu Hua as its independent chairman and no

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