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

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.82%; AEM SGD up over 6%; UMS, Kep Infra Tr up about 2%; JMH USD, Singtel, DBS, OCBC Bank, UOL up over 1%. Stocks in Focus $City Developments Ltd(C09.SI)$ (CDL): A tie-up between City Developments Ltd (CDL) and Hong Realty on Thursday has placed the top bid of S$542.4 million for a 99-year leasehold private housing site in Peck Hay Road, a short walk from Newton MRT interchange station. The top bid works out to S$1,865.15 per square foot per plot ratio. The 80:20 joint venture between CDL and Hong Realty plans to develop a 39-storey residential tower with about 380 units. Shares of CDL on Thursday ended at S$8.23, S$0.04 or 0.5 per cent lower. $Singapore Kitchen Equipment(5WG.SI)$</

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.28%; UMS, AEM SGD fell over 2%; Haw Par, SATS, Kep Infra Tr fell around 1%; ThaiBev, Golden Agri-Res up over 1%. Stocks in Focus $CapitaLand Integrated Commercial Trust(C38U.SI)$ (CICT): Unitholders of CICT pressed hard for answers at an extraordinary general meeting on Wednesday to approve the proposed S$3.9 billion acquisition of Orchard Road mall Paragon. Among them was Ng Ee Peng, who was chief executive of CapitaLand’s commercial and fund management business units from 2000 to 2002. Units of CICT closed at S$2.33 on Wednesday, up 2.2 per cent or S$0.05. $Singapore Exchange(S68.SI)$ (SGX): Robust trading activity and sustained

Market Snapshot Singapore stocks opened lower on Wednesday. STI fell 0.59%; AEM SGD down over 4%; UMS, China Aviation down around 3%; NIO, ThaiBev, Frencken down 2%; SATS, DBS, Singtel down around 1%. Stocks in Focus $Nio(NIO.SI)$: The electric vehicle giant denied allegations by the US that it is aiding the Chinese military, a statement on Tuesday noted. This comes after it was put on a Chinese military companies list by the US Department of Defense, along with other Chinese tech companies. Nio added that its inclusion is “not justified” since it is “not a Chinese military company or a... contributor to the Chinese defence industrial base”. $Wee Hur(E3B.SI)$: The group on Tuesday announced its acquis

Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.07%; AEM SGD up 3%; Frencken up over 2%; Haw Par, UMS, ThaiBev, SATS up over 1%. Stocks in Focus $Starhill Global Reit(P40U.SI)$: The manager of the real estate investment trust (Reit) announced on Monday that Kemmy Tan will be appointed CEO and executive director effective Jul 1. The current CEO, Ho Sing, will step down on Jun 30, instead of Aug 10 as previously announced. $Ley Choon(Q0X.SI)$: The group announced on Monday that its subsidiary, Ley Choon Constructions and Engineering, secured contracts worth around S$24.5 million in aggregate for the repair and maintenance of underground utilities services. The contracts are expect

Market Snapshot Singapore stocks opened lower on Monday. STI fell 1.54%; First Resources, AEM SGD, Centurion, Olam Group down over 4%; Keppel down 2%; SGX, SIA, OCBC Bank down nearly 2%. Stocks in Focus $Singtel(Z74.SI)$: The telco announced on Friday that it will partner Digital Industry Singapore (DISG) to strengthen its capabilities in artificial intelligence-enabled operations. The initiative also covers talent development and employment, as well as governance and technology frameworks. Singtel is the first company to be funded through this new multi-year AI initiative by DISG. Shares of Singtel ended at S$4.29, 0.7 per cent or S$0.03 lower on Friday, before the news. $SIA Engineering(S59.SI)$ (SIAEC): The company announced on Saturday that

Singapore stocks fell this week, with the STI up 0.24%. In terms of individual stocks, $ULTRAGREEN AI USD(ULG.SI)$ rose 5.11%; $AvePoint(AVP.SI)$ rose 4.6%; $NIO Inc. USD OV(NIO.SI)$ rose 3.86%; $SATS(S58.SI)$ rose 3.64%; $Frencken(E28.SI)$ down 11.25%; $Hong Leong Asia(H22.SI)$ down 10.88%; $UMS(558.SI)$ down 9.64%; $Food Empire(F03.SI)$ down 8.26%. UltraGreen.ai's CEO Ravinder Sajwan raises stake after buying 78,800 shares at US$1.37

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.04%; SIA Engineering, UOB, Centurion up about 1%; SIA, Keppel, DBS edge higher; UOL, Boustead down 1%; UMS down 2%. Stocks in Focus $City Developments Ltd(C09.SI)$ (CDL): CDL announced on Friday a 100 per cent take-up rate for its buyback offer for 24,120,733 preference shares. Shares of CDL ended at S$8.39, S$0.01 or 0.1 per cent lower, before the announcement. $IReit Global(UD1U.SI)$: It announced on Thursday that its wholly owned subsidiaries holding the Berlin Campus were served with a statement of claim on May 19, by former main tenant DRV. DRV is seeking a repayment of about 8.4 million euros (S$12.5 million) plus interest. In response, IReit’s legal counsel filed a comm

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.77%; CSE Global fell nearly 5%; AEM SGD, UMS, Top Glove down around 2%; Olam Group, Seatrium, SGX, SIA down around 1%. Stocks in Focus $CapitaLand Ascendas Reit(A17U.SI)$ (Clar): The real estate investment trust (Reit) is buying a modern ramp-up logistics facility at 5 Tuas Avenue 5 for a purchase consideration of S$133.9 million in cash. The purchase price represents a 1.5 per cent discount to the property’s independent market valuation of S$136 million as at Feb 1, 2026. Had the deal been completed at the start of 2025, the Reit’s distribution per unit would increase by about S$0.00033, or 0.2 per cent, on a pro forma basis. $DFI Retail Group(D01.SI)$: Almost 60 Holland &

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.62%; SIA, Top Glove up over 2%; UMS, OCBC Bank, Seatrium up over 1%; Food Empire tumbled 18%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 3):  $ESR Reit(9A4U.SI)$: The manager of the real estate investment trust (Reit) announced the establishment of a two billion euro (S$3 billion) medium term securities programme on Tuesday, for which OCBC is the arranger and initial dealer. The securities will be offered in Singapore, pursuant to exceptions under the Securities and Futures Act 2001. Net proceeds from each issuance will be used to refinance ESR Reit’s borrowings, finance or refinance its ac

Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.16%; AvePoint up nearly 8%; UOB, OCBC Bank, DBS, Seatrium up around 1%; Singtel, SGX, CityDev down over 1%; ThaiBev, AEM SGD down around 3%. Stocks in Focus $DBS(D05.SI)$: The bank will open 18 new and 36 upgraded wealth centres across the Asia-Pacific by end-2027. The opening of the new centres, in Singapore, Hong Kong, China, India, Indonesia and Taiwan, will start from Q3 2026. The lender on Jun 1 described the move as the largest physical expansion of its wealth franchise to date. DBS shares closed Friday 1.5 per cent or S$0.91 up at S$62.84, before the news. $Nio(NIO.SI)$: The electric vehicle maker on Monday announced that it

Singapore stocks fell this week, with the STI down 0.6%, as investors responded positively to hopes of the US and Iran reach a deal to end hostilities. In terms of individual stocks, $SATS(S58.SI)$ rose 17.38%; $Frencken(E28.SI)$ rose 11%; $AEM SGD(AWX.SI)$ rose 8.8%; $UMS(558.SI)$ rose over 6%; $First Resources(EB5.SI)$, $Jardine C&C(C07.SI)$ down over 6%; $JMH USD(J36.SI)$, $Haw Par(H02.SI)$ down around 7%. SATS Jumps over 17% as

Market Snapshot Singapore stocks opened lower on Friday. STI rose 0.7%; Seatrium rose 1.8%; ST Engineering rose 1.7%; Keppel rose 1.4%; SGX and Sembcorp rose 1%. Stocks in Focus $ST Engineering(S63.SI)$: The company said on Thursday that it has appointed Jeffrey Lam as group deputy chief executive officer, effective Jun 1. Lam, currently chief operating officer (operations excellence) and president of commercial aerospace, will step down from both roles. Shares of ST Engineering closed 0.5 per cent or S$0.06 lower at S$11.04 on Thursday, before the news. $Seatrium(5E2.SI)$: In a business update on Friday, the company reported a net order book of S$15.5 billion across 24 projects for its first quarter

Shares of Wilmar International dropped sharply by 10% at one time on Thursday, and now fell 2.22%. The company is one of ten crude palm oil exporters currently under investigation for alleged under-invoicing and transfer-pricing activities. Under-invoicing involves declaring a lower export value to shift profits to jurisdictions with lower taxes or to reduce export tax liabilities. Indonesia's Finance Minister stated that the companies shipped CPO to trading firms in Singapore, which then resold the shipments to the United States with price mark-ups reaching up to 50 percent. This has raised concerns that a portion of the export value may have been moved offshore. He noted that while domestic export documentation in Indonesia appeared correct, discrepancies were found in transit records an

Market Snapshot Singapore stocks opened lower on Thursday. NIO rose 6%; SATS rose 5%, Wilmar fell 9%. Stocks in Focus $Keppel(BN4.SI)$: It said on Tuesday that the Indonesian High Court upheld an earlier dismissal of an individual’s 2.28 trillion rupiah (S$186.3 million) claim over Jakarta land owned by its subsidiary. After the South Jakarta District Court on Feb 9 dismissed the individual’s claim over the disputed land, he submitted an appeal against the decision. Keppel shares closed 2.1 per cent or S$0.23 lower at S$10.84 before the news. $IHH(Q0F.SI)$: The integrated healthcare operator on Tuesday reported a 3 per cent year-on-year rise in net profit to RM528 million (S$170.1 million) for its fir

Vesak Day is around the corner. The Singapore market will be closed on Monday, June 1, 2026. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance. About Vesak Day Vesak Day is the most sacred holy day in Buddhism, commemorating the birth, enlightenment, and passing (Parinirvana) of Gautama Buddha. In Singapore, the 2026 public holiday is observed on Monday, June 1, featuring temple visits, chanting, and acts of charity. It is a time for Buddhists to reflect on Buddha's teachings of peace, compassion, and the path to enlightenment.