To The Moon

Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.14%; NIO up nearly 5%; SingPost up 1.8%; OCBC Bank up 0.8%; Genting SIng up 0.7%; UOB up 0.6%; SIA up 0.5%.Stocks to Watch$CapitaLand Ascendas Reit(A17U.SI)$ (Clar): The Reit reported a growth in portfolio rental reversions of 11 per cent in the first quarter of 2025, despite occupancy dipping, in a bourse filing on Monday. All geographies across Clar’s portfolio saw a fall in occupancy, with a 1.3 per cent quarter-on-quarter (qoq) decline in total portfolio occupancy. Australia saw the biggest decrease, falling 3.3 per cent qoq to 89.2 per cent. Units of Clar closed up 0.8 per cent or S$0.02 at S$2.68 on Monday.$Sats(S58.SI)$: Worl

Market SnapshotSingapore stocks opened lower on Monday. STI rose 0.2%; YZJ Fin Hldg up 3.6%; OCBC Bank up 0.6%; ST Engineering up 0.55%; SIA up 0.3%; iFast down 3.9%; UOB down 2.3%.Stocks to Watch$ST Engineering(S63.SI)$: The group announced on Monday it secured new contracts worth about S$4.4 billion in the first quarter of 2025. These comprised S$1.3 billion from the commercial aerospace segment, S$2.7 billion from the defence and public security segment, and S$500 million from the urban solutions and satcom segment. The counter closed on Friday 1.2 per cent or S$0.09 lower at S$7.23, before the news.$Seatrium(5E2.SI)$: It announced on Friday that Stephen Lu, its executive vice-president (EVP) for s

STI rose 2.78% this week as Singapore market responded positively to optimism around the US and China scaling back their tariffs stance.In terms of star stocks, $NIO(NIO.SI)$ rose 15.88%, $IFAST(AIY.SI)$ rose 8.45%, $JMH USD(J36.SI)$ rose 8.13%; $HPH Trust SGD(P7VU.SI)$ rose 7.6%; $Keppel(BN4.SI)$ rose 7.27%.Market NewsNio Showcases New BrandsGlobal tariff news have helped support $NIO(NIO.SI)$ stock. Trade between the U.S. and China has virtually halted for the time being, and that has given Chinese domestic automakers an

Market SnapshotSingapore stocks opened flat on Friday. STI was unchanged; Nio up 8%; Keppel, YZJ Shipbldg, Singtel and Seatrium up 1%; OCBC down 3%.Stocks to WatchCapitaLand Integrated Commercial Trust (CICT) : It posted net property income (NPI) of S$291.5 million for Q1 FY2025, a 0.8 per cent drop from the previous corresponding period. Revenue for the quarter fell 0.8 per cent on the year to S$395.3 million. The declines were largely due to the absence of income from 21 Collyer Quay, an office building located in Raffles Place that CICT divested in November 2024, the manager said in a Friday business update. The counter ended Thursday flat at S$2.14.Mapletree Pan Asia Commercial Trust (MPACT): The manager posted a Q4 distribution per unit (DPU) of S$0.0195, down 14.8 per cent from S$0.0

Market SnapshotSingapore stocks opened higher on Thursday. STI up 0.1%; Nio up 3%; Digital Core Reit up 2%; Keppel and CityDev up 1%; MLT and Sinarmas Land down 1%.Stocks to WatchKeppel : The company released an update for Q1 2025 on Thursday, reporting an increase in net profit of over 25 per cent year-on-year, driven by strong performance in its infrastructure, real estate and asset management segments. The company also reported that it had monetised S$347 million in assets the year-to-date, with another $550 million of potential real estate divestments in advanced stages of negotiations. The group also announced on Wednesday that it entered a joint venture with Tianjin Shunhua Real Estate Construction Management to develop 19 plots of land in the Tianjin Eco-City northern district in Ch

Market SnapshotSingapore stocks opened higher on Wednesday. STI up 1%; Nio up 3%; Keppel Reit, UOB, OCBC, DBS and CityDev up 1%.Stocks to WatchCity Developments Limited (CDL): The developer’s wholly owned subsidiary has increased its offer to buy the shares of Millennium & Copthorne Hotels New Zealand (MCK) that it does not already own to NZ$2.80 apiece. In a letter to MCK shareholders on Tuesday, CDL said the new price is “the final and best” that its subsidiary, CDL Hotels Holdings New Zealand, is willing to pay. The company will not change the price again and neither will it make another offer within nine months. The higher offer reflects a 60 per cent premium to the one-month volume weighted average share price of NZ$1.75. On Tuesday, MCK said its independent directors committee wa

Paragon REIT suspended trading on Tuesday morning pending the announcement regarding the extraordinary general meeting (EGM) and scheme meeting scheduled to be held at 2:30 p.m. and 3:00 p.m. on the same day. At Monday's close, the stock price fell by 0.5%, or SGD 0.005, to SGD 0.97. $(SK6U.SI)$

ESR REIT announced on Tuesday that its distributable income rose to SGD 44.2 million, up 7% from SGD 41.3 million in the same period last year. This growth was driven by the acquisitions of ESR Yatomi Kisosaki Distribution Centre in Mie Prefecture, Japan, and 20 Tuas South Avenue 14 in Singapore in November 2024.Net property income increased by 31.3% from SGD 62.9 million to SGD 82.5 million, while total revenue grew by 24.2% from SGD 89 million to SGD 110.5 million.ESR REIT's units closed 2.4% higher, or SGD 0.005 up, at SGD 0.21 on Monday. $(J91U.SI)$

The manager of Frasers Centrepoint Trust (FCT) said on Monday (April 21) that its priority offering had been 24.8% oversubscribed.The fund manager received applications for 122,584,803 priority offering units, compared with the 98,185,673 units on offer. The fund launched the offering earlier this month at S2.05perunit.Theofferingpricerepresenteda7.42.2136.The offering was based on the allocation of 54 units for every 1,000 existing units held as at 5 p.m. on April 3, raising a total of about S$201.3 million.Together with the private placement completed on March 26, FCT has raised a total of S421.3million.Thesizeoftheprivateplacementafterthetop−upwasaboutfourtimesthatoftheinitialoffering,with105.3millionnewunitssoldatanissuepriceofS2.09 per unit.FCT will use the net proceeds from this fina

ST Engineering Announces Leadership Transition​​Following an 11-year tenure at ST Engineering, Group Chief Operating Officer (Technology & Innovation) and President of Defence & Public Security (DPS), ​​Ravinder Singh​​, will retire on ​​May 31​​.​​Mervyn Tan​​, Managing Director of Investments at venture capital firm Vertex Holdings, will succeed Singh in these roles, with the appointment taking effect from ​​June 1​​.In a statement released Thursday (April 17), the 61-year-old Singh revealed plans to assume an advisory position within the group starting June 1.As Group Chief Operating Officer for Technology & Innovation, Singh "championed innovation initiatives and drove the adoption of technology and innovation across the group," the statement noted.Since ST Engineering’s re