SG Morning Call | Singapore Stocks Open Higher; DBS Suggests Investors Hedge US Dollars
Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.4%; Seatrium, Keppel, Singtel, and SGX rose about 1%; OCBC rose 0.7%; DBS and UOB rose 0.2%.Stocks in Focus$Thomson Medical(A50.SI)$: The mainboard-listed group on Monday announced that it has appointed Tong Kooi Ong, 66, as its independent, non-executive chairman to its board, effective Feb 1 this year. Tong succeeds Ng Ser Miang, 76, who steps down on Jan 31. Ng has been the chairman of Thomson Medical since 2015. The counter closed 1.6 per cent or S$0.001 lower at S$0.062 prior to the news.$Vin’s Holdings(VIN.SI)$: The car dealer on Monday launched a S$20 million multicurrency commercial paper facility programme to be issued entir
Weekly: Fast Start to 2026 as Small Caps Surge & Metals Shine, Banking Earnings in Focus
Last Week's Recap1.The US Market - US Stock Show Fast WeekFast week:The major U.S. stock indexes produced gains of around 2.0% in the first full trading week of 2026. The $S&P 500(.SPX)$ and the $Dow Jones(.DJI)$ surpassed record highs set two weeks earlier, and the $NASDAQ(.IXIC)$ climbed to within 1.2% of its historic peak set more than two months ago. Small-cap surge: $iShares Russell 2000 ETF(IWM)$ jumped 4.6% for the week and nearly 14% over six weeks, hitting a record high and outperforming large-cap peers. Metals shine:Precious metals prices rebounded and extended rallies. Gold was trading above $4,520 per oun
SG Morning Call | Singapore Stocks Open Higher; DBS’ Equities Head Sees Buoyant 2026 for Singapore IPOs
Market SnapshotSingapore stocks opened higher on Monday. STI rose 0.2%; DBS rose 0.8%; Keppel rose 0.7%; SGX rose 0.5%; OCBC rose 0.3%; UOB rose 0.2%.Stocks in Focus$Singapore Exchange(S68.SI)$ (SGX): The Monetary Authority of Singapore (MAS) on Friday proposed various legislative and regulatory changes to facilitate the establishment of the SGX-Nasdaq dual-listing bridge. MAS is seeking feedback on using a single prospectus for a dual listing as well as proposing an amendment that will enable earlier engagement of retail investors after an initial public offering is lodged. SGX shares closed S$0.20 or 1.2 per cent higher at S$17.51 on Friday, before the news.$Nam Lee Pressed Metal Industries(G0I.SI)$
SG Morning Call | UI Boustead Is Said to Seek $700 Million Singapore IPO in March
Market SnapshotSingapore stocks opened lower on Friday. STI down 0.3%; Golden Agri-Res up 2%; OCBC down 2%; ST Engineering down 1%.Stocks in Focus$China Aviation(G92.SI)$: Its parent China National Aviation Fuel (CNAF) will merge with Chinese state-owned oil and gas enterprise Sinopec, the group’s board said on Thursday. If the merger goes through, Sinopec is expected to absorb all of CNAF’s assets and operations, reported Bloomberg. Shares of CAO closed flat at S$1.65, before the announcement.$Geo Energy Res(RE4.SI)$: The Indonesian coal producer announced its acquisition of majority stakes in two Indonesian shipping companies. This comes as resolutions related to its acquisition of 51 per cent stake
SG Morning Call | Singapore Interest Rates Could Bottom Out in Second Quarter of 2026: UOB
Market SnapshotSingapore stocks opened higher on Thursday. STI rose 0.1%; Golden Agri-Res up 2%; SingPost, Singtel up 1%.Stocks in Focus$Frasers Cpt Tr(J69U.SI)$: The trust’s manager announced its entry into a S$400 million green loan facility. It involves a green term loan and revolving credit facilities, in an agreement between the trust and lenders DBS, OCBC and Maybank. The manager said around US$2.68 billion in facilities would be affected if mandatory prepayment were to occur. Units of FCT closed S$0.01 or 0.4 per cent lower at S$2.27, before the announcement.$CapitaLandInvest(9CI.SI)$: The asset manager on Thursday announced that capital partner CapitaLand Southeast Asia Logistics Fund has bou
Singapore Market 2026 Outlook: From Sentiment-Led Gains to a Policy-Driven Structural Re-rating The Singapore equity market enters 2026 riding a wave of unprecedented momentum. In 2025, the $Straits Times Index(STI.SI)$ defied global volatility to deliver a stellar total return of over 22%, ending the year at record highs above the 4,650 level. This performance was potentially underpinned by a robust electronics upcycle, a "safe haven" rotation amid global trade tensions, and the initial anticipation of sweeping market reforms. As we look toward 2026, the narrative is shifting. Market focus is transitioning from a sentiment-driven recovery to the tangible execution of structural "Institutional Div
SG Morning Call | Grab Acquires AI Robotics Firm Infermove to Boost Delivery Capabilities
Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.2%; Nio down 2%; Golden Agri-Res, CityDev up 2%; SGX up 1%.Stocks in Focus$Wee Hur(E3B.SI)$: The property group, on Tuesday, broke ground for the construction of Wycombe Abbey School (Singapore). The international school, in Hougang, is a joint venture with Wycombe Abbey and BE Education. The group’s chief investment officer Goh Wee Ping said that while the group aims to pursue projects opportunistically, there are limits on what it will not pursue, such as data centre projects. The counter ended Tuesday flat at S$0.76, before the news.$Stoneweg EUTrust SGD(SEB.SI)$: The manager announced on Wednesday that the stapled group’s portf
The REITsavvy 2025 Review:The S-REIT Rate-Driven Renaissance
Singapore REITs in 2025: A Resilient Rebound Amid Shifting TidesThe year 2025 marked a pivotal turnaround for Singapore Real Estate Investment Trusts (S-REITs). After a turbulent 2024, the sector entered a "Great Rebound," characterized by strong total returns and renewed investor confidence as global and domestic monetary policies shifted toward a more accommodative stance.A Year of Robust RecoveryIn stark contrast to the previous year's decline, 2025 witnessed some of the strongest performances since 2019.Strong Total Returns: The benchmark iEdge S-REIT Index generated total returns of approximately 9.73% year-to-date for 2025.Outperforming the $Straits Times Index(STI.SI)$ : Major blue-chip REITs, including
SG Morning Call | SIA’s Air India Looks for New CEO to Replace Campbell Wilson
Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.5%; DBS up 1%; Nio fell 2%; ST Engineering fell 1%.Stocks in Focus$Creative(C76.SI)$: Sim Li Ern, the nephew of the company’s late founder Sim Wong Hoo, has been appointed as its new chief executive officer, effective on Monday. He will take over from interim CEO Tan Jok Tin, who will also be stepping down from his role as executive chairman. Shares of Creative rose 0.9 per cent to close S$0.005 higher at S$0.59 on Monday, before the announcement.$IFAST(AIY.SI)$: The digital wealth management platform on Monday said it is proposing to buy a 30 per cent stake in financial advisory firm Financial Alliance Corporation for S$19.6 million
$Straits Times Index(STI.SI)$ Retail sales is calculated in monetary value and not number of product sales. So, this doesn't mean consumer demand/confidence has increased. Let's say price rose by 5% and people bought the same amount of stuff, that would also be shown as a 5% increase in retail sales. Talking to people in retail, looking at published data and just looking around outside and how prices have increased, this seems to be the case. What do you guys think?