Singapore stocks rose this week, with the STI up 0.17%. In terms of individual stocks, $Prudential USD(K6S.SI)$ soared 20%; $Oiltek(HQU.SI)$ rose 18%; $Geo Energy Res(RE4.SI)$ rose 15%; $AEM USD(XWA.SI)$ and $Olam Group(VC2.SI)$ up 13%. Market News Koh Brothers rejects shareholders' request to hold AGM vote on distribution of $Oiltek(HQU.SI)$ shares Koh Brothers Group has declined to put forward a resolution requested by certain shareholders agitating to receive the distribution of Oiltek International shares that KBG holds

Market Snapshot Singapore stocks opened flat on Friday. STI was unchanged; MoneyMax up 6%; Nio up 4%; Yangzijiang Maritime up 2%; SingPost and YZJ Fin down 1%. Stocks in Focus Frasers Logistics & Commercial Trust (FLCT) : The manager of FLCT announced on Thursday that it has completed the acquisition of a freehold logistics property in Hapert, the Netherlands, for a gross purchase price of 43 million euros (S$64.4 million). The acquisition is expected to be accretive to FLCT’s distribution per unit. Units of FLCT ended at S$0.97 on Thursday before the announcement, S$0.015 or 1.6 per cent higher. Yangzijiang Maritime : The maritime investments company on Thursday said it has signed contracts to acquire eight very large crude carrier (VLCC) newbuilds and sell four medium-range tankers.

Market Snapshot Singapore stocks opened flat on Thursday. STI was merely changed; Olam Group up 6%; Keppel DC Reit, YZJ Shipbldg, YZJ Fin, Mapletree Log StarHub up 1%; SingPost and Sembcorp down 1%. Stocks in Focus Singapore Airlines (SIA) : SIA announced on Wednesday that passenger traffic for the group rose 14.7 per cent year on year in March, helping the group reach a record 42.4 million passengers for FY2025/26 ended Mar 31, 2026. The group carried 3.8 million passengers in March, up 14.9 per cent year on year. Shares of SIA ended at S$6.57, S$0.03 or 0.5 per cent lower. Yangzijiang Shipbuilding : Yangzijiang announced on Wednesday that it has spun off a new unit to build and run facilities in Nantong, China, for delivering large vessels and carrying out ship repair and conversion work

Market Snapshot Singapore stocks opened higher on Wednesday. STI up 0.5%; YZJ Maritime up 3%; YZJ Fin and SingPost up 1%. Stocks in Focus Frasers and Neave (F&N) : The beverage giant will invest up to NZ$20.1 million (S$15 million) in New Zealand-based honey producer Comvita. The group on Wednesday said this comes as the company shapes its portfolio with a focus on categories where there is resilient demand and long-term growth. The counter closed at S$1.45, down 0.7 per cent or S$0.01, before the news.  Yangzijiang Maritime : The group has secured leasing agreements valued at US$89.8 million covering 13 vessels, it said on Tuesday. Their lease periods range from one to eight years. The agreements cover 12 oil, chemical and product tankers, and one anchor handling tug supply vesse

Market Snapshot Singapore stocks opened higher on Tuesday. STI up 0.5%; Capital World up 100%; Mapletree Log up 3%; YZJ Shipbldg and YZJ Fin up 2%; SGX up 1%; Koh Eco down 9%; Koh Brothers down 8%; Oiltek down 3%. Stocks in Focus Oiltek International, Koh Brothers Eco Engineering (KBE), Koh Brothers : Property player Koh Brothers rejected a new shareholder attempt to force the company to distribute its stake in Oiltek on the basis that it is not in the group’s best interest. Koh Brothers said on Monday that its board will not put the shareholders’ proposed resolution – to get its 54.8 per cent-owned unit KBE to distribute its Oiltek shares – to a vote at its upcoming annual general meeting. Oiltek shares closed 3.5 per cent up at S$2.08 on Monday, KBE shares ended 14.8 per cent up at S$0

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.35%; Nio up 4%; Katrina down 23%; SIA, SGX, CapitaLand Investment down 1%. Stocks in Focus Katrina Group : The Catalist-listed company on Friday said independent auditors from EY raised uncertainties in the company’s ability to continue as a going concern. This is mainly due to how the net and current liabilities of the group – which includes its subsidiaries – exceed its net and current assets. For the financial year ended Dec 31, 2025, the group had incurred a net loss of S$2.8 million, while the company’s net loss stood at S$128,000. Shares of the counter closed trading unchanged at S$0.034. CapitaLand Investment : The real estate manager achieved final close of the CapitaLand Asia-Pacific Credit Program II, a bourse fi

Singapore stocks rose this week, with the STI up 0.85%. In terms of individual stocks, $AEM Holdings(XWA.SI)$ soared 48%; $YZJ Maritime(8YZ.SI)$ rose 20%; $Frencken(E38.SI)$ rose 17%; Market News $AEM Holdings(XWA.SI)$ Soars 48% on Strong Annual Report Showing AI/HPC Momentum and Buyback Plans AEM Holdings' stock surged 48% this week, reflecting positive investor sentiment following the release of its annual report. The company's FY2025 report highlighted a strategic shift from custom test projects toward scalable platforms tied to growing artificial intelligence and high-performance computing demand. A productio

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.12%; SingaporeLandGrp up over 2%; Golden Agri-Res, First Resources up over 1%; OCBC Bank, YZJ Shipbldg up within 1%. Stocks in Focus $City Developments Limited(C09.SI)$ (CDL) : The property developer on Thursday announced that it launched a S$2 billion multicurrency debt issuance programme. Net proceeds will be used to finance general working capital requirements and corporate funding of CDL and its subsidiaries, on top of refinancing existing borrowings. The perpetual securities will be offered in Singapore to institutional and accredited investors. Shares of CDL ended Thursday 1.8 per cent or S$0.15 lower at S$8.44, before the news. $S

Market SnapshotSingapore stocks opened flat on Thursday. STI rose 0.04%; HPH Trust, YZJ Shipbldg up around 2%; StarHub, YZJ Maritime up around 1%; Kep Infra Tr, CityDev down around 1%.Stocks in Focus$Seatrium(5E2.SI)$: The offshore and marine group said on Wednesday that it has launched a S$3 billion multicurrency debt issuance programme. The net proceeds will be used for refinancing existing borrowings, funding potential acquisitions and investments, working capital and capital expenditure requirements, as well as providing internal loans within the group. Shares of Seatrium ended at S$2.45, 1.2 per cent or S$0.03 lower, on Wednesday.$SIA Engineering(S59.SI)$: The company appointed Lim Sim Seng as de

Market Snapshot Singapore stocks opened lower on Wednesday. STI rose 1.18%; YZJ Maritime up over 4%; Keppel, SATS, SIA, iFast up over 2%; OCBC Bank, SIA Engineering, DBS up over 1%. Stocks in Focus $PSC Corporation(DM0.SI)$: The Securities Industry Council said on Tuesday that it will not take further action against PSC Corporation’s executive chairman Sam Goi for his 2023 breach of the Singapore code on takeovers and mergers. Goi broke rule 14.1(a) of the code, requiring persons with minimally 30 per cent of the company’s voting rights to immediately extend an offer to other shareholders, as he did not make a general offer for the group when his shareholding reached 30.23 per cent. The counter closed down 3.6 per cent or S$0.015 at S$0.405, bef

Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.23%; Bumitama Agri, YZJ Maritime up around 2%; SingaporeLand, Frasers Property, YZJ Shipbldg up around 1%. Stocks in Focus $Singapore Airlines(C6L.SI)$ (SIA): Campbell Wilson, the chief executive of Air India, has resigned and is serving his notice period, according to local media. The Indian flag carrier is 25.1 per cent owned by SIA Group and has been grappling with the aftermath of a crash that killed 260 people last year. SIA’s share of losses from associated companies including Air India rose from S$163 million to S$178 million during the third quarter. $Keppel Infrastructure Trust(A7RU.SI)$: The manager of the trust announced

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