SG Morning Call | STI Rises 0.15%; Frencken, Food Empire up over 2%; UMS, Venture, Boustead up Around 1%; Kep Infra Tr, StarHub Down Around 1%
Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.15%; Frencken, Food Empire up over 2%; UMS, Venture, Boustead up around 1%; Kep Infra Tr, StarHub down around 1%. Stocks in Focus $Singtel(Z74.SI)$: The telco on Tuesday said its wholly owned Australian subsidiary Optus has priced S$200 million 10-year fixed-rate notes at 2.84 per cent. The notes will be issued on Jun 30, 2026, and mature on Jun 30, 2036. The net proceeds will be swopped into Australian dollars and used by Optus to fund its ordinary course of business, it added. Singtel shares closed at S$4.35 on Tuesday, down 0.2 per cent or S$0.01, before the news. $Singapore Airlines(C6L.SI)$ (SIA): The flag carrier on Tuesday said it is issuing 1.5 b
SG Morning Call | STI Rises 0.34%; ThaiBev, YZJ Shipbldg up Around 1%; Sheng Siong, DBS, Wilmar Intl up Within 1%; StarHub. UMS Dropped Around 1%
Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.34%; ThaiBev, YZJ Shipbldg up around 1%; Sheng Siong, DBS, Wilmar Intl up within 1%; StarHub. UMS dropped around 1%. Stocks in Focus $Singapore Airlines(C6L.SI)$ (SIA): SIA on Monday said that it plans to sell its first five-year benchmark dim sum bond, an offshore yuan bond issued outside mainland China, and has hired four banks to arrange the potential deal. Singapore Airlines has not disclosed the planned size. Shares of SIA ended on Monday at S$7.33, S$0.05 or 0.7 per cent higher. $Guocoland(F17.SI)$: Property developer GuocoLand announced on Monday that its wholly owned subsidiary, GLL IHT, has priced an offering of S$110 milli
SG Morning Call | STI Opens 0.12% Lower; Thomson Medical, Venture, First Resources, OUEREIT, Kep Infra Tr up Around 1%
Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.12%; Thomson Medical, Venture, First Resources, OUEREIT, Kep Infra Tr up around 1%. Stocks in Focus $Great Eastern(G07.SI)$: For 118 years, Great Eastern has been a reliable fixture for ordinary Singaporeans. It is the pioneer of the domestic insurance scene, covering everything from basic health to critical illness plans. Now, the insurer has decided it is time to focus on the wealthy. Since the current leadership took the reins about a year-and-a-half ago, the mandate from the top has been clear: grow and transform. $Info-Tech(ITS.SI)$: Info-Tech Systems, a software as a service (SaaS) player, sees future growth coming from customer
SGX Weekly Review | STI Rises Over 3% As Bank Stocks Lead Gains, DBS Group, UOB, And OCBC Hit New All-Time Highs
Singapore equities surged this week, propelled by a breakthrough peace agreement between the United States and Iran that substantially eased geopolitical tensions. The $Straits Times Index(STI.SI)$ gained over 3% across the week, touching a fresh historical high during intraday trading on June 19. In corporate action, local lenders spearheaded the rally to post record highs of their own, with $OCBC Bank(O39.SI)$ jumping nearly 5%, $DBS(D05.SI)$ advancing over 4%, and $UOB(U11.SI)$ climbing close to 3%. Meanwhile, $Singtel(Z74.SI)$ rose 1.87%, snapping a four-week losin
SG Morning Call | Singapore Stocks Open Higher; Switzerland Loses Top Spot in Competitiveness Ranking to Singapore
Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.1%; Singtel rose 0.7%; Wilmar rose 0.6%; Keppel rose 0.3%. Stocks in Focus $Apac Realty(CLN.SI)$: Apac Realty announced on Friday that the lawsuit previously filed against its wholly owned subsidiary, property agency ERA Realty Network, has been discontinued and withdrawn. It was one of three defendants, which the claimants had been seeking a total of S$731,212 in damages from. Shares of Apac Realty ended at S$0.55, S$0.015 or 2.7 per cent lower on Thursday. $Lum Chang Creations(LCC.SI)$: The company is planning to launch a placement of up to 35 million shares at S$0.759 each to raise gross proceeds of up to about S$26.6 million, the
Market Snapshot Singapore stocks opened higher on Thursday. STI rose over 1%; $UMS(558.SI)$ drops 1%; $JMH USD(J36.SI)$ drops over 4%, $Singtel(Z74.SI)$ and $OCBC Bank(O39.SI)$ edge up 0.7% while $DBS(D05.SI)$ gains 0.5%. Stocks in Focus The following companies saw developments that may affect the trading of their securities on Thursday (Jun 18): $Centurion(OU8.SI)$: The group on Wednesday said it has acquired 25 per cent equity interest in a purpose-built student accommodation (PBSA) development in Perth for A$250,000 (S$22
SG Morning Call | STI Rose 0.19%, Singapore’S NODX Surges 38.4% In May As Robust AI Demand Continues
Market Snapshot Singapore stocks opened higher on Wednesday. $Straits Times Index(STI.SI)$ rose 0.19%; AEM slides nearly 3%, UMS drops 2%; JMH, Singtel and OCBC edge up 0.7% while DBS gains 0.3%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 17): $Boustead(F9D.SI)$: The engineering and technology group’s subsidiary, Esri Australia, has renewed a contract for its geographic information systems platform with the Australian federal government for around S$60 million. The group said in a bourse filing on Tuesday that this is the largest enterprise agreement contract for the company’s geospatial division to date.
SG Morning Call | Singapore stocks opened higHer; Singapore Startups Double Down On AI Usage
Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.1%; SGS rose over 1%, OCBC rose 0.4%, SIA, UOB rose 0.3%; DBS fell 0.2%. Stocks in Focus $SIA(C6L.SI)$ : SIA Group’s passenger traffic grew 4.9 per cent year on year in May, while its passenger capacity increased by 5.3 per cent. Flagship carrier SIA and budget arm Scoot said on Monday that passenger traffic was at 13.5 billion revenue passenger kilometres in May, up from 12.9 billion in the year-ago period. On the cargo front, loads grew 3.2 per cent to 534.1 million tonne-km, from 517.6 million tonne-km, against a capacity expansion of 1.5 per cent. Shares of SIA rose 2.4 per cent or S$0.17 to close at S$7.17 before the announcement. Trading halt:
SG Morning Call | Singapore Stocks Open Higher; Allianz Said to Lead Bidding for HSBC’s Singapore Insurance Unit
Market Snapshot Singapore stocks opened higher on Monday. STI rose 0.9%; Yangzijiang Shipbuilding and Seatrium rose 3%; Genting Singapore and Sembcorp Industries rose 2%; SGX, Keppel, OCBC, and SIA rose 1%. Stocks in Focus $Annica Holdings(JFQ.SI)$: The group on Friday said it secured a commercial project to deploy integrated solar and hydrogen energy systems in Sarawak, Malaysia. It is also in talks to expand an existing framework agreement, to accelerate the development of renewable energy opportunities in Malaysia. The expansion builds on an existing agreement signed in September 2025 to strengthen feedstock security and support product quality enhancement initiatives. Shares of Annica Holdings ended flat at S$0.03 on Friday before the news.
Singapore stocks fell slightly this week, with the STI down 0.5%, with investor sentiment buoyed by the US president, Donald Trump's decision to end strikes on Iran. In terms of individual stocks, SGX and Wilmar International rose 4%; DBS fell 0.9%; UOB fell 1%; OCBC, Genting Singapore fell 2%; Yangzijiang Shipbuilding and ST Engineering fell 3%; Seatrium fell 4%; NIO fell 6%. Market News Singapore's Oil Product Inventories Slump to near 13-Year Low Oil product stocks in Asia's key trading hub Singapore fell to their lowest levels in nearly 13 years, led by a sharp drawdown in residual fuel inventories as the Middle East conflict continues, official data showed on Thursday. Combined onshore oil product stocks totalled 34.41 million barrels in the week to June 10, the lowest since July 20