Market Snapshot Singapore stocks opened higher on Monday. STI up 0.3%; Nio up 3%; Singtel up 2%. Stocks in Focus $Olam Group(VC2.SI)$: The agri-food giant is selling its information technology and digital services unit, Mindsprint, to Wipro for US$375 million as part of a broader corporate reorganisation, it said on Monday. The sale is expected to close by end-June. The Singapore-based company also agreed to an eight-year contract to spend US$100 million annually with Wipro. Shares of Olam Group fell 0.6 per cent to close S$0.005 lower at S$0.86 on Thursday. $Geo Energy Res(RE4.SI)$: Geo Energy Resources announced on Thursday a proposed placement of up to 35,000,000 new ordinary shares to raise gross

Singapore stocks rose this week, with the STI up 1%. In terms of individual stocks, $Top Glove(BVA.SI)$ up 30%; $Bumitama Agri(P8Z.SI)$ up 11%; $TheHourGlass(AGS.SI)$, $CMS(8A8.SI)$ up 8%; $Shangri-La HKD(S07.SI)$ fell 10%; $AEM SGD(AWX.SI)$ fell 9%; Market News Top Glove Leads Rubber Glove Stocks Rebound on China-Led Price Hikes Shares of Malaysian glove manufacturers rebounded on Monday, with Top Glove Corporation Bhd leading gains, as higher average selling prices (ASPs) initiated by Chinese producers lifted sentiment acr

Market Snapshot Singapore stocks opened higher on Thursday. STI rose 0.56%; ValueMax up 1.85%; OUEREIT, ST Engineering, SGX, Singtel up around 1%; OCBC Bank, DBS up nearly 1%. Stocks in Focus $ST Engineering(S63.SI)$: It announced on Wednesday that its marine business has secured a six-year subcontract valued at an estimated S$600 million from Abu Dhabi Ship Building (ADSB), a shipbuilder based in the United Arab Emirates. The contract is for the design and supply of platform systems for a fleet of eight missile gun boats that ADSB is constructing for the Kuwait Naval Force. Shares of ST Engineering closed at S$11.10 on Wednesday, up S$0.29 or 2.7 per cent. $Nio(NIO.SI)$: The Chinese electric vehicle

Market Snapshot Singapore stocks opened lower on Wednesday. STI rose 1.91%; YZJ Shipbldg up over 4%; OCBC Bank, YZJ Maritime up around 3%; SGX, HPH Trust, iFast, SATS up around 2%. Stocks in Focus $OCBC(O39.SI)$: From May 1, the bank will lower the interest rate for its 360 Account to 4.45 per cent per annum on the first S$100,000, from the current rate of 5.45 per cent. The move, which marks the first time in 2026 that the lender has revised interest rates for its flagship savings, is “in line with broader market conditions”, an OCBC spokesperson said on Tuesday. OCBC shares closed 1.6 per cent or S$0.34 higher at S$21.97 on Tuesday, before the news. $Yangzijiang Shipbuilding(BS6.SI)$: The vessel mak

Market Snapshot Singapore stocks opened higher on Tuesday. STI up 0.18%; TJ DaRenTang, First Resources up 3%; YZJ Maritime, OCBC Bank, Sembcorp up around 1%. Stocks in Focus $OUE Limited(LJ3.SI)$: The company expects “material variances” between its unaudited interim financial statements for the financial year ended December 2025, released on Feb 27, and its audited financial statements, which will be released in due course. This comes as its share of losses from equity-accounted investees, as reported in the unaudited financial statements, is expected to be reduced by around S$58 million, the group said on Monday. The counter closed on Monday 2.7 per cent or S$0.03 lower at S$1.08, before the news. SG Local News Medical cost inflation in Singap

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.46%; Bumitama Agri up 7.65%; Sembcorp Ind, Kep Infra Tr up around 1%; YZJ Shipbldg down 1%; CapLand India Tr down 3%. Stocks in Focus $DBS(D05.SI)$: The group has entered India’s buoyant equity capital market, marking a push into one of the world’s busiest venues for share sales. The lender secured its first mandate in the country from Manipal Health Enterprises, which filed for an initial public offering last week that is expected to raise about US$1 billion. A DBS spokesperson confirmed the development, saying the bank has expanded into equity capital markets under its merchant banking licence in India and now has a fully operational investment banking platform in the country.

Singapore stocks fell this week, with the STI down 1%. In terms of individual stocks, $UOB Kay Hian(U10.SI)$, $AEM Holdings(AWX.SI)$ soared around 11%; $PanUnited(P52.SI)$ rose over 9%; $Haw Par(H02.SI)$ rose 7%; $Sembcorp Ind(U96.SI)$ up 5.7%; $China Aviation(G92.SI)$ down over 9%; $AvePoint(AVP.SI)$, $Lendlease Reit(JYEU.SI)$ down over 6%. Market News DBS Ends Stabilisation For UI Boustead REIT IPO After Buying 54.6 Million Units

Market Snapshot Singapore stocks opened lower on Friday. STI down 0.4%; Keppel down 3%. Stocks in Focus $Keppel(BN4.SI)$: The group and Simba Telecom have mutually agreed to extend the long-stop date for the proposed M1 deal to May 21. On Thursday, the company said that the regulatory review of the proposed transaction remains under way, and that M1 and Simba are “in the process of making further submissions to the Infocomm Media Development Authority of Singapore”. Shares of Keppel ended 1.5 per cent or S$0.18 lower at S$12.27, before the news. $Shangri-La HKD(S07.SI)$: The mainboard-listed company posted on Thursday a net profit of US$112.3 million for the full year ended Dec 31, 2025, down 30.4 per

Market Snapshot Singapore stocks opened higher on Thursday. STI up 0.2%; YZJ Shipbldg, OCBC up 1%. Stocks in Focus $Stoneweg EUTrust EUR(SET.SI)$: The trust has invested 50 million euros (S$74.1 million) in AiOnX, its sponsor SWI Group’s data centre development fund, via a mandatory convertible loan. The loan carries a 7.25 per cent annual cash coupon and is projected to provide a 2 per cent uplift to distributions per share on a pro forma basis, said the manager of Sert on Thursday. With this, Sert’s data centre allocation will rise from 5.2 per cent to about 7.2 per cent. Stapled securities of Sert closed flat at 1.50 euros on Wednesday. $Lippo Malls Tr(D5IU.SI)$: The manager announced on Monday th

Market Snapshot Singapore stocks opened higher on Wednesday. STI up 0.4%; SIA, OCBC up 1%. Stocks in Focus $SIA(C6L.SI)$: The flag carrier will fly to Sydney’s new 24-hour airport, it said on Tuesday. The new airport allows SIA to offer red-eye flights from Sydney, enabling it to bypass the 11 pm to 6 am curfew at the existing Sydney airport, with such flights preferred by corporate travellers. It will also help feed into SIA’s regional network, using Changi as a transit point after the dawn arrival of the new Sydney flight. Shares of SIA rose 0.3 per cent or S$0.02 to close at S$6.51 on Tuesday, before the announcement. $CapLand Ascendas REIT(A17U.SI)$: The manager of the real estate investment trus

Market Snapshot Singapore stocks opened higher on Tuesday. STI up 0.2%; Nio up 4%; UOL, SingPost, SATS up 1%. Stocks in Focus $Singtel(Z74.SI)$: The local telco on Monday afternoon was hit with over 9,700 user reports of a disruption on Downdetector, after three consecutive days of issues last week. These reports began from 3.20 pm. Singtel said in an update at 5.23 pm on Facebook that the disruption was due to an “international traffic optimisation issue” which has been resolved. The counter ended Monday 5.4 per cent or S$0.28 lower at S$4.93. $Stoneweg EUTrust EUR(SET.SI)$: The managers announced on Tuesday that Sert is divesting its office asset Riverside Park in Warsaw, Poland, for a consideration

Market Snapshot Singapore stocks opened lower on Monday. STI down 1.9%; Nio fell 8%; UOL fell 4%; Singtel, SGX fell 3%; SIA fell 2%; OCBC fell 1%. Stocks in Focus $Mapletree Log Tr(M44U.SI)$: The trust has entered into an agreement to acquire a Grade A warehouse in Bhiwandi, Mumbai, for INR3,888 million (S$53.6 million), the manager announced on Saturday. The transaction marks the trust’s first expansion into the Mumbai logistics market. Shares of MLT ended at S$1.21, S$0.01 or 0.8 per cent higher on Friday. $Lendlease Reit(JYEU.SI)$: The Reit’s preferential offering of 352.4 million units was only 62.2 per cent subscribed, said its manager on Monday. The remaining 37.8 per cent of the offering, rep

Singapore stocks rose this week, with the STI up 2.2%, although the Iranian conflict continued for a third week and oil markets remained under pressure. In terms of individual stocks, Sembcorp rose 6.6%; Singtel rose 5%; SGX rose 4.8%; DBS and SIA Engineering rose 3.8%; NIO rose 3.7%; OCBC rose 3.6%; UOB rose 2.8%; Keppel rose 2.6%; Sats rose 2.5%; Genting Singapore rose 2.3%; Yangzijiang Shipbuilding rose 1%; SIA rose 0.9%. Market News Singapore's Largest Taxi Firm Raises Fares as Fuel Prices Climb ComfortDelGro Corp., Singapore's largest taxi operator, will raise fares temporarily as it moves to shield cabbies from surging fuel costs driven by a global energy shock. Passengers will pay an additional S$0.50 ($0.39) to S$0.80 for trips starting from March 24, the company said in a social m

Market Snapshot Singapore stocks opened lower on Friday. STI down 0.2%; Singtel up 2%; Wilmar down 4%; HongkongLand and SATS down 2%; ST Engineering, SGX and Genting Sing down 1%. Stocks in Focus UOB : The bank on Thursday said it grew its sustainable financing portfolio to S$70.1 billion in 2025, up 21 per cent from S$58 billion recorded at the end of 2024. A key driver of this lending was the small- and medium-sized enterprise segment, with S$7.8 billion extended in loans there. The bank also shared that its chief executive Wee Ee Cheong received S$12 million in total compensation in 2025, down 20 per cent from S$15 million the year before. Shares of UOB fell 0.1 per cent to close S$0.05 lower at S$37.16, before the news. Hongkong Land, Suntec Real Estate Investment Trust : The property

Market Snapshot Singapore stocks opened lower on Thursday. STI down 1.3%; Nio down 4%; Keppel, Singtel, Seatrium and YZJ Shipbldg down 2%; SIA, DBS and UOB down 1%. Stocks in Focus Keppel : An individual who attempted to claim ownership of land in Jakarta owned by the group’s subsidiary Kepland Investama is appealing the Indonesian court’s dismissal of his 2.28 trillion rupiah (S$186.3 million) claim in February. Keppel on Wednesday said it does not expect the appeal to have a material impact on its operations and the overall financial performance. The counter closed 3.7 per cent or S$0.45 higher at S$12.76 before the news. Wing Tai : Its wholly owned subsidiary bought a freehold land parcel in Kuala Lumpur for RM45 million (S$14.7 million). The 11,092 square metre site near the Mont Kiara

Market Snapshot Singapore stocks opened flat on Wedneday. STI was unchanged; ThaiBev up 2%; Sembcorp up 1%; Singtel and Wilmar down 1%. Singtel : A second disruption of mobile services in as many days hit some of the telco’s users on Tuesday. Singtel said the problems were unrelated to the outage the day before that affected thousands of users and disrupted essential services. Mobile connectivity on Tuesday was restored around 5 pm, said the telco. Shares of Singtel rose 2.6 per cent to close S$0.13 higher on Tuesday at S$5.17. Suntec Reit : Gordon Tang’s Tang Organization, the new sponsor of Suntec Reit, said it plans to “undertake a comprehensive strategic review” of the trust’s portfolio. It said the initiatives could “support higher distributions” in the coming years, while balancing

Market Snapshot Singapore stocks opened higher on Tuesday. STI up 0.8%; Nio, UOB, Singtel and Seatrium up 1%; SingPost down 1%. Stocks in Focus Singapore Airlines (SIA) : Its low-cost arm Scoot posted a 17.4 per cent year-on-year increase in passenger traffic for February, of three billion revenue passenger-kilometres. This came as SIA Group recorded a passenger traffic of 12.3 billion revenue passenger-km for its two carriers over the month, a 3.8 per cent increase from the year-ago period, according to its latest operating results released on Monday. SIA shares closed flat at S$6.54 before the news. Singtel : The local telco’s mobile services were restored after a mobile outage on Monday which lasted eight hours. The cause of the disruption is unknown, though Singtel noted that it was no

Market Snapshot Singapore stocks opened flat on Monday. Nio up 4%; AHT and ThaiBev up 2%; YZJ Fin down 4%; YZJ Shipbldg and SingPost down 1%. Stocks in Focus Stoneweg Europe Stapled Trust (Sert) : The trust has bought a freehold logistics property in The Netherlands for 35 million euros (S$51.7 million). The purchase price was at an 8 per cent discount to the JLL independent valuation and 37 per cent below estimated reinstatement cost, said Simon Garing, the chief executive of Sert’s manager. This was the first property acquisition for the trust since 2022. Stapled securities of Sert fell 1.3 per cent to close 0.02 euro lower at 1.56 euros on Friday. Acrophyte Hospitality Trust (AHT) : The manager of the trust announced on Monday that its sale of Hyatt Place Memphis Primacy Parkway has bee

Singapore stocks fell this week, with the STI down 0.12%. In terms of individual stocks, $China Aviation(G92.SI)$ up over 11%; $Bumitama Agri(P8Z.SI)$ up over 10%; $Wilmar Intl(F34.SI)$ up nearly 9%. $Prudential(K6S.SI)$ down over 10%; $AvePoint(AVP.SI)$ down over 8%. Market News China Aviation Oil Could Benefit From Oil-Price Volatility in Near-Term China Aviation Oil (Singapore) could benefit from oil-price volatility in the near term, UOB Kay Hian analysts say in a report. Recent gains in oil prices amid the Middle East conflict could help the jet fuel supplier's sh