To The Moon

Singapore stocks ended slightly lower this week, with the STI down 0.02%, amid a global tech sell-off rippling across Asia markets. In terms of individual stocks, SIA rose 5.1%; SIA Engineering rose 3%; Sats rose 2.8%; Sembcorp rose 2.2%; Singtel rose 1.8%; UOB rose 1.4%; OCBC and SGX rose 0.9%; DBS fell 0.8%; Keppel fell 1.9%; Seatrium and ST Engineering fell 3.9%; Yangzijiang Shipbuilding fell 5.2%. Market News Singapore's Core Inflation Steady at 1.4% Despite Oil Crunch Singapore’s core inflation rate was unchanged last month, even as the Middle East conflict had pushed up global prices of energy and fertilizer. Core inflation, which excludes housing and private transportation costs, rose 1.4% in May from a year earlier, according to a statement by the Department of Statistics Singapore

Market Snapshot Singapore stocks opened lower on Friday. STI fell 0.18%; AEM SGD down 4%; UMS down 2%; SIA up 0.7%; Frasers Property, Thomson Medical up around 2%. Stocks in Focus $MoneyMax(5WJ.SI)$: A wholly owned subsidiary of the pawnbroker and gold retailer has priced RM200 million (S$62.7 million) in three-year fixed-rate notes at 5.7 per cent. They were issued on Thursday and will mature on Jun 25, 2029, a bourse filing stated on Thursday. The issue is part of the company’s RM500 million medium-term note programme. Shares of MoneyMax ended at S$0.775 on Thursday, down 2.5 per cent or S$0.02, before the announcement. $Del Monte Pacific(D03.SI)$: The canned-food brand on Thursday reported a 7

Market Snapshot Singapore stocks opened higher on Thursday. STI rose 0.2%; PC Partner up nearly 10%; UMS, Frencken, Top Glove up over 2%; CSE Global, SATS, Singtel, SIA up over 1%. Stocks in Focus $Frasers Property(TQ5.SI)$: The real estate group on Thursday said it is proposing a S$2.1 billion optimisation of its Frasers Hospitality Trust (FHT) portfolio, marking the next stage of its hospitality strategy following the trust’s privatisation last year. The restructuring will, among other things, reverse certain legacy arrangements and bring FHT’s carved-out lease and reversionary interests under a single title ownership. It will also allow Frasers Property to consolidate full ownership of Fraser Suites Singapore, facilitating a potential redevel

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

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

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

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

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

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.