To The Moon

Singapore's retail sales increased by 4.5% year-on-year in October, marking an acceleration from the previous month, as most sectors reported higher sales, according to data released on Friday (Dec 5). September's retail sales growth was revised downward to 2.7% year-on-year. Excluding motor vehicles, retail sales rose 3.7% in October, up from September's revised growth of 1.8%. On a seasonally adjusted month-on-month basis, retail sales climbed 2.3% in October, rebounding from a 1.7% decline in the prior month. Excluding motor vehicles, retail sales expanded 2.9% month-on-month, compared with a 2.6% contraction in September. Retail Sales Growth Highlights Year-on-year: 4.5% Year-on-year (ex-motor vehicles): 3.7% Month-on-month (seasonally adjusted): 2.3% Month-on-month (seasonally adjuste

Following the December quarterly review, CapitaLand Ascott Trust and Sheng Siong Group have replaced Olam Group and Yangzijiang Financial Holding on the Straits Times Index (STI) reserve list. No changes were made to the constituents of the STI itself. The updated STI reserve list now includes CapitaLand Ascott Trust, Keppel REIT, NetLink NBN Trust, Sheng Siong Group, and Suntec REIT. These adjustments will take effect at market open on December 22, with the next review scheduled for March 2026. $(HMN.SI)$ $(OV8.SI)$ $(STI.SI)$

Market SnapshotSingapore stocks opened lower on Friday. STI down 0.1%; DFIRG up 5%; SIA, CapitaLand Ascott, Singtel and Wilmar down 1%.Stocks in FocusCapitaLand Ascott Trust (Clas), Sheng Siong Group : The hospitality player and supermarket chain operator, respectively, will join the Straits Times Index’s (STI) reserve list, after the December quarterly review. These two counters will replace Olam Group and Yangzijiang Financial on the list, said the Singapore Exchange on Thursday. No changes to STI constituents will be made after this review. Stapled securities of Clas closed flat at S$0.94 on Thursday, while shares of Sheng Siong closed at S$2.62, down S$0.02 or 0.8 per cent.Sunpower Group : The company said on Thursday that it will acquire stakes in two Chinese power projects. Its wholl

Market SnapshotSingapore stocks opened higher on Wednesday. STI up 0.3%; Infinity Dev and ManulifeReit up 2%; UltraGreen down 15%; Wilmar down 1%.Stocks in FocusFar East Group : The company on Tuesday announced that its dormant, 93.88 per cent indirectly owned subsidiary Far East Enterprise (Penang) will be undergoing a members’ voluntary winding up. The subsidiary was incorporated in Malaysia, and had derived rental income from its property up to 2024, with the property disposed of at the end of that year. This move is not expected to have any material impact on the net tangible assets per share and earnings per share of the group for the financial year ending Dec 31, 2025. Shares of Far East Group closed flat at S$0.118, before the news.UltraGreen.ai: The surgical tech group is

Shares of Oversea-Chinese Banking Corp. (OCBC) reached a new all-time high, driven by strong performance in its wealth management division, analysts noted.OCBC's stock rose by as much as 0.6%, surpassing its previous peak from over two weeks ago. While the bank has lagged behind Singapore’s benchmark Straits Times Index and its largest peer, DBS Group Holdings Ltd., year-to-date, it has outperformed both since early November.Macquarie Capital’s Head of ASEAN Equity Research, Jayden Vantarakis, attributed OCBC’s share strength to "exceptional performance in its wealth management business and the potential for higher dividends in 2026." He added, "We see room for the stock to narrow its gap with DBS."Singaporean equities have hit record levels this year amid an influx of liquidity, as invest

Market SnapshotSingapore stocks opened flat on Tuesday. STI up 0.06%; Sanli Env, UOL and ManulifeReit up 1%; Nio down 6%; Seatrium down 1%.Stocks in FocusUOB : The bank announced on Tuesday announced on Tuesday that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029. The issue date of the covered bonds is expected to be Dec 8, 2025. Shares of UOB closed S$0.18 or 0.5 per cent higher at S$34.16 before the announcement.Nio : The Chinese electric-vehicle giant on Monday announced that it delivered 36,275 vehicles in November 2025, up of 76.3 per cent year on year. The group’s cumulative deliveries hit 949,457 as at Nov 30 this year. Shares of Nio closed down 0.2 per cent or US$0.01 at US$5.57 before the news.Sanli Environmental : The Catalist-listed environme

Singapore shares rose this week with the STI up 1.23%, as investors remained hopeful about the US Federal Reserve's interest rate rate cut next month.In economic news, Singapore's Export Price Index fell 3.7% year on year in October, extending the 3.2% slump in the preceding month, the city-state's Department of Statistics.Meanwhile, Singapore's Manufactured Products Price Index rose 6.9% year over year in October, extending the 7.3% increase in the preceding month.In terms of individual stocks, $JMH USD(J36.SI)$, $Frasers L&C Tr(BUOU.SI)$, $Jardine C&C(C07.SI)$ up around 5%; $IHH(Q0F.SI)$,

Market SnapshotSingapore stocks opened higher on Friday. STI rose 0.5%; NIO up 2.5%; OUEREIT, AvePoint, Kep Infra Tr, YZJ Fin Hldg, OCBC Bank, SGX, Frasers Property, Keppel Reit up around 1%; DBS up within 1%.Stocks in Focus$OCBC(O39.SI)$: Its mobile banking services was fully restored after a two-hour outage on Thursday night. More than 1,400 customers reported issues with the OCBC mobile application such as difficulty logging in, though ATM and card services were unaffected. OCBC said that no customer data was compromised and that customers’ monies were safe during the incident. The counter ended Thursday 0.2 per cent or S$0.04 higher at S$18.27, before the news.$Frasers Property(TQ5.SI)$: The compa

Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.28%; YZJ Fin Hldg up over 2%; Thomson Medical, OUEREIT, AvePoint, SGX up over 1%; ST Engineering, Keppel Reit, SIA Engineering up nearly 1%.Stocks in Focus$UOB(U11.SI)$: A High Court judge on Wednesday upheld his decision to award UOB S$17.7 million in the Lippo Marina Collection lawsuit. The damages were for losses the bank incurred as a result of disbursing inflated housing loans to buyers who bought units at Marina Collection. The bank had sought for S$92 million in damages, but Justice Aidan Xu said it “failed to mitigate its losses fully”. Shares of UOB rose 0.2 per cent or S$0.06 to close at S$33.92, before the announcement.$Len

Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.57%; Seatrium up over 2%; OUEREIT, OCBC Bank, Genting Sing up over 1%; DBS, Keppel Reit up nearly 1%; NIO down over 5%; ThaiBev down over 2%.Stocks in Focus$Singtel(Z74.SI)$: A unit of the telco’s wholly owned subsidiary Optus has priced S$200 million in 10-year fixed-rate notes due in 2035 at 2.48 per cent. The notes will be drawn down under Optus Finance’s three billion euro (S$4.5 billion) euro medium-term note programme, said Singtel on Tuesday. Net proceeds from the issuance will be “swapped into Australian dollars and applied by Optus towards funding its ordinary course of business”. Shares of Singtel fell 0.4 per cent or S$0.02 to close at S$4.77, before the news.