Market Snapshot
Singapore stocks opened flat on Monday. Keppel up 3.2%; Frasers L&C Tr up 1%; ThaiBev fell 3%; Singtel down 2%; China Aviation down 1.7%.
Stocks in Focus
$Keppel(BN4.SI)$: The asset manager’s net profit rose 27.2 per cent to S$645.4 million for the second half ended December, from S$507.5 million the year before. Profit from continuing operations climbed 22.5 per cent to S$646.4 million, from S$527.9 million. For the 2025 financial year, Keppel proposed a final dividend per share of S$0.47, inclusive of a special dividend of of S$0.13. It has also appointed former DBS chief executive officer Piyush Gupta as chairman, effective Apr 17. Keppel shares closed Wednesday 0.6 per cent or S$0.06 higher at S$10.95.
$Singapore Exchange(S68.SI)$ (SGX): The bourse operator’s net profit for H1 ended December was up 0.8 per cent on the year at S$342.7 million, from S$340 million. CEO Loh Boon Chye said this was the group’s strongest half-year performance, driven by sustained growth across its multi-asset business. The board declared an interim quarterly dividend of S$0.11 per share, bringing total dividends for H1 to S$0.2175 a share. SGX ended 1.4 per cent or S$0.25 lower at S$17.75.
$CapitaLand China Trust(AU8U.SI)$ (CLCT): The manager posted a distribution per unit (DPU) of S$0.0233 for H2 ended Dec 31, a decrease from S$0.0264 in the year-ago period. For the six months, revenue fell 14.3 per cent year on year to S$144.5 million from S$168.5 million. Units of CLCT ended flat at S$0.785.
$Aims Apac Reit(O5RU.SI)$: The real estate investment trust’s manager reported a 2.5 per cent year-on-year increase in DPU to S$0.0725 for the nine months ended Dec 31, from S$0.0707. Revenue rose 1.4 per cent to S$141.1 million, supported by higher rental reversion and lower property expenses. The counter finished flat at S$1.49.
$Digital Core Reit(DCRU.SI)$: The data centre-focused Reit’s DPU for H2 ended Dec 31 was US$0.018, unchanged from the year before. This was despite revenue for the period rising 61.6 per cent to US$87.3 million, following the acquisition of an additional stake in a Frankfurt data centre in December 2024, the manager said. Units of Digital Core Reit ended flat at US$0.53.
$SIA Engineering(C6L.SI)$: Singapore Aero Engine Services Limited (SAESL), the company’s joint venture with Rolls-Royce, will sign two memorandums of understanding (MOUs) at the Singapore Airshow on Thursday. They pertain to supporting long-term growth in engine maintenance, repair and overhaul, while ensuring a sustainable talent pipeline in the space. Under one of the MOUs, SAESL will explore a training academy with the Economic Development Board and hire more than 1,000 technicians over the next five years to support its long-term engine deliveries projection. The counter closed 0.9 per cent or S$0.03 higher at S$3.37.
$ComfortDelGro(C52.SI)$ (CDG), $Vicom(WJP.SI)$: CDG unit Vicom, which provides vehicle inspection services, unveiled a S$60 million integrated hub to adapt to the shift towards electric vehicles and the rising complexity of industrial testing requirements. The five-storey facility at Jalan Papan features advanced equipment and an optimised layout to better handle rising demand, said Vicom. Its shares finished 0.6 per cent or S$0.01 up at S$1.65, while those of CDG ended 0.7 per cent or S$0.01 higher at S$1.49.
SG Local News
UOBKH names ‘alpha’ stocks with cheap valuations, strong catalysts in STI-beating portfolio
With the Singapore equities market starting 2026 strong and the Straits Times Index (STI) hitting records, promising stocks with “inexpensive valuations” and “strong upcoming catalysts” have entered UOB Kay Hian’s benchmark-beating portfolio.
The new entrants are $China Aviation Oil(G92.SI)$, $Reclaims Global(NEX.SI)$, $Hong Leong Asia(H22.SI)$, $PropNex(OYY.SI)$.
In January, the UOBKH Alpha Picks portfolio rose 6.9 per cent month on month on a price-weighted basis, and 6.1 per cent on a market cap-weighted basis. Meanwhile, the STI climbed 5.6 per cent over the same period.
$(STI.SI)$ $(BN4.SI)$
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