SGX Weekly: Safe-Haven Flows Support STI Above 5,650; Dividend Week & Macro Data Ahead
The $Straits Times Index(STI.SI)$ weekly declined 0.95% and closed at 5,688.96 (as of August 21st, 2026), as strength in gold proxies, Thai transport, and Chinese tech SDRs partially offset broader market weakness. The index held above the 5,650 level amid safe-haven flows into precious metals.
The week is light on earnings but active on corporate actions — three ex-dividend dates ( $Bumitama Agri(P8Z.SI)$ , $Haw Par(H02.SI)$ , $Genting Sing(G13.SI)$ ) and the $SIA(C6L.SI)$ dividend payout on Friday are the main stock-specific events.
On the macro side, Singapore CPI (Mon) and GDP final (Tue) are the key domestic prints to watch. The SGX regulatory front remains dynamic with the recent rights-issue cap increase and the new Nasdaq dual-listing framework now live.
Top Sectors last week:
Gold (+21.41%) led on safe-haven demand and precious-metals momentum. Advertising (+18.23%) surged on digital marketing recovery. Apparel, Accessories & Luxury Goods (+14.81%) advanced on China consumer-spending stabilization, while Health Care Distributors (+11.99%) tracked resilient pharmaceutical demand.
10 Popular Stocks of Last Week:
-
$Airports TH TH SDR1to1(TATD.SI)$ +7.80% — The Thai airport operator's SDR rallied on tourism recovery optimism and resilient passenger traffic.
-
$Xiaomi HK SDR 2to1(HXXD.SI)$ +7.8% — The consumer electronics and EV player's SDR surged on EV delivery momentum and AIoT ecosystem expansion.
-
$PetroCN HK SDR 1to2(HPCD.SI)$ +6.84% — The oil major's SDR advanced on firm Brent crude and OPEC+ supply discipline.
-
$Sembcorp Ind(U96.SI)$ +5.52% — The utilities and urban solutions provider gained on energy transition tailwinds.
-
$GLD SG$(GSD.SI)$ +4.63% — The SGD-denominated gold ETF tracked the yellow metal higher on safe-haven demand.
-
$GLD US$(O87.SI)$ +5.36% — The USD-denominated gold ETF advanced alongside firm bullion prices.
-
$Bank of CN HK SDR 1to1(HBND.SI)$ +3.49% — The Chinese state-owned bank's SDR rose on defensive positioning and attractive dividend yield.
-
$YZJ Shipbldg SGD(BS6.SI)$ +3.03% — The Chinese shipbuilder extended its rally on strong order-book momentum.
-
$ZICO Hldgs(40W.SI)$ +3.64% — The agribusiness giant advanced on resilient food-products demand.
-
$CityDev(C09.SI)$ +2.36% — The property developer edged up on Singapore residential market stability.
Performance is subjected to market volatility
Corporate Actions — Dividends & Ex-Dates for the comming week
|
Date |
Company |
Ticker |
Event |
Details |
|
Mon, Aug 24 |
P8Z |
Ex-Dividend |
SGD 0.041/share. Record date Aug 25; paid Sep 3. |
|
|
Mon, Aug 24 |
H02 |
Ex-Dividend |
SGD 0.20/share. Record date Aug 25; paid Sep 11. |
|
|
Thu, Aug 27 |
G13 |
Ex-Dividend |
SGD 0.02/share. Record date Aug 28; paid Sep 22. |
|
|
Fri, Aug 28 |
C6L |
Dividend Payment |
SGD 0.22 final + SGD 0.07 special = SGD 0.29/share paid out. |
|
|
Mon, Aug 31 |
D05 |
Ex-Dividend |
SGD 0.54/share (just after the week). |
Note: SIA's total payout fell to S$0.37 from S$0.40 a year ago, with headline net profit down 57.4% YoY due to the absence of a one-off Vistara gain
Regulatory & Market Structure Updates
|
Event |
Effective Date |
Impact |
|
SGX raised renounceable rights issue cap to 100% of share capital |
Announced July–Aug 2026 |
Gives boards more flexibility for large capital raises without shareholder approval. |
|
Amendments to Rights Issue Timetable |
Aug 6, 2026 |
Streamlines the timeline for rights issues. |
|
SGX-ST Rules amendments |
Aug 21, 2026 |
Margin and trading rule updates. |
|
Global Listing Board (GLB) |
Effective since Jun 29, 2026 |
New dual-listing bridge with Nasdaq; first-of-its-kind pathway for concurrent SGX-Nasdaq listings using a single prospectus. |
Singapore Macro Data (SingStat / MAS) for the Coming Week
|
Date |
Indicator |
Period |
What to Watch |
|
Mon, Aug 24 |
CPI (General Households) |
Jul 2026 |
Inflation trajectory after prior months of stabilization |
|
Tue, Aug 25 |
Personal Disposable Income & Saving |
Q2 2026 |
Household resilience amid rate environment |
|
Tue, Aug 25 |
Household Sector Balance Sheet |
Q2 2026 |
Leverage and wealth effects |
|
Tue, Aug 25 |
GDP Growth Rate (Final) |
Q2 2026 |
Confirmation of the 5.9% YoY flash estimate; MAS upgraded 2026 full-year forecast to 4.5%–5.5% in early August |
|
Wed, Aug 26 |
Index of Industrial Production (IPI) |
Jul 2026 |
Manufacturing momentum after strong electronics/export prints |
|
Thu, Aug 27 |
Business Receipts for Services Industries |
Q2 2026 |
Tourism, finance & logistics trends |
|
Fri, Aug 28 |
Manufactured Products & Domestic Supply Price Indices |
Jul 2026 |
Pipeline inflation / deflation signals |
|
Fri, Aug 28 |
Import & Export Price Indices |
Jul 2026 |
Trade terms and currency pass-through |
Bottom Line
-
Earnings: SGX is in the tail end of reporting season. No STI heavyweights this week; focus shifts to smaller caps on Wed/Thu.
-
Macro: Singapore's own data takes center stage — CPI (Mon), GDP final (Tue), and IPI (Wed) are the key prints. The US PCE and GDP on Wednesday will also set the tone for global risk appetite heading into the final week of August.
Investing is a long journey. Knowing when to move matters — and so does knowing when to recharge.
Markets may not slow down, but you can. Whether it’s a quick break between trading sessions or a long journey, staying comfortable helps you reset for what comes next. The new Night Trading Memory Foam Pillow features 360° ergonomic support and slow-rebound memory foam that gently conforms to your neck, plus a roll-up design that makes it easy to bring wherever you go.
https://laohu8.com/J/redeemGift?goodID=100540&type=delivery
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
For the week ahead, Singapore CPI and the final Q2 GDP figure are the key data points I’ll be watching. On the stock side, GLD Singapore (GSD) remains my main focus, while SIA (C6L) is also worth watching as its S$0.29 final and special dividend is paid out. I’m particularly interested in whether gold momentum can continue to outperform while broader equities remain volatile.
Overall, I’m staying cautiously optimistic and will continue looking for selective opportunities rather than chasing the broader market. With macro data and corporate actions in focus, I think patience and disciplined positioning will remain important this week.
@Tiger_comments @TigerStars @SGX_Stars @Tiger_SG
The STI slipped 0.95% last week to 5,688.96, but the pullback looks more like consolidation than a breakdown. Gold-related names led the market, while Sembcorp, shipbuilders and selected Chinese SDRs remained resilient.
The bigger story is Singapore’s economic backdrop. Q2 GDP growth was revised to 5.9% YoY, while MTI raised its 2026 growth forecast to 4.5%-5.5%, supported by strong AI-related investment and manufacturing demand.
This week, investors should watch inflation and industrial data closely. July headline CPI came in at 2.2%, while core inflation was 2.0%, both below expectations—potentially easing pressure on monetary policy.
For stocks, the key themes remain banks, gold, utilities and AI-linked infrastructure. The STI may stay volatile, but as long as 5,650 holds, the medium-term bullish structure remains intact.
@SGX_Stars [财迷]