To The Moon

Market Snapshot Singapore stocks opened lower on Friday. STI fell 0.4%; AEM SGD fell over 3%; UMS, UOB, Frencken fell around 2%; First Resources, PanUnited, iFast, ST Engineering fell about 1%. Stocks in Focus $Geo Energy Resources(RE4.SI)$: The Indonesian coal producer said in a bourse filing on Thursday that its newly operational Marga Bara Jaya integrated infrastructure unit could add up to about US$350 million in annual earnings before interest, taxes, depreciation and amortisation over time. The project marks a new source of earnings for the group beyond coal mining, said the company. SG Local News Singapore's Key Exports Rise 20.7% in June, Missing Forecasts Despite AI-Led Electronics Boom The Republic’s non-oil domestic exports (NODX) ros

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.34%; Frencken, UMS down nearly 5%; AEM SGD, PC Partner down over 4%; PanUnited, ThaiBev, Sembcorp down around 1%. Stocks in Focus $Singapore Airlines(C6L.SI)$ (SIA): The national carrier on Wednesday reported a combined 3.7 million passengers flew on SIA and Scoot in June, up 6.3 per cent on the year. Passenger traffic also rose 4.1 per cent year on year, underpinned by robust demand for air travel, it said on Wednesday in a bourse filing of its operating results for June. Shares of SIA closed at S$7.60 on Wednesday, down 0.3 per cent or S$0.02, before the announcement. $Frasers Property(TQ5.SI)$: A Frasers Property-led consortium placed the top bid for a large mixed-use comme

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.69%; PC Partner, Ultragreen up over 2%; ThaiBev, AEM SGD up about 1%; ST Engineering, OCBC Bank up within 1%. Stocks in Focus $Addvalue Technologies(A31.SI)$: The satellite communications company is preparing for its potential spinoff listing on Nasdaq and has engaged professionals such as legal counsels and a US auditor, it said on Tuesday. It will also convene an in-person extraordinary general meeting in due course to seek shareholders’ approval for the proposed spinoff of the group’s unit Addvalue Solutions. Shares of Addvalue Technologies ended 3.9 per cent or S$0.005 higher at S$0.133, before the news. $Coliwoo(W8W.SI)$: The

Market Snapshot Singapore stocks opened lower on Tuesday. STI fell 0.55%; YZJ Maritime, Keppel down nearly 2%; ST Engineering, SIA, YZJ Shipbldg, Wilmar Intl down over 1%. Stocks in Focus $DBS Bank(D05.SI)$, $OCBC Bank(O39.SI)$, $UOB(U11.SI)$: Shares of Singapore’s three local banks have surged to record levels over the past week, helping lift the Straits Times Index (STI) to a fresh high and pushing DBS above S$200 billion in market capitalisation on Monday (Jul 13) – making it the first Singapore-listed company to cross that threshold. Citi analyst Tan Yong Hong also increased his target prices for the lenders. He lifted DBS’ target to S$73.50 from S$65;

Market Snapshot Singapore stocks opened lower on Monday. STI fell 0.09%; Centurion, Boustead up nearly 2%; Kep Infra Tr up 1%; SIA, YZJ Shipbldg down 0.8% each. Stocks in Focus $Q&M Dental(QC7.SI)$: Q&M Dental is acquiring dental groups in Australia and Thailand in a combined US$113.2 million push to build a pan-Asia dental company, the group announced on Sunday. It also said that it would defer further action on plans for a secondary listing on Bursa Malaysia, first announced in April 2025. Shares of Q&M last traded at S$0.555 on Thursday, before it called for a trading halt. The halt was lifted on Monday. $Suntec Reit(T82U.SI)$: Property tycoon Celine Tang has been appointed as chairman

Singapore stocks ended higher this week. The benchmark Straits Times Index (STI) gained 4.29 per cent or 35.41 points to finish at 5,469.29. In terms of individual stocks,$UOB Kay Hian(U10.SI)$ surged nearly 13%; $UOB(U11.SI)$, $PanUnited(P52.SI)$ soared over 10%; $OCBC(O39.SI)$ gained 8%; $DBS(D05.SI)$ climbed over 5%. Market News Singapore Banks Hit Record Highs on Improved Sentiment and Earnings Outlook Local lenders hit new highs this week., $DBS(D05.SI)$ gained 5.5% to S$70.45, $

Market Snapshot Singapore stocks opened lower on Tuesday. STI fell 0.26%; $YZJ Shipbldg SGD(BS6.SI)$ rose 1.76%; $Keppel(BN4.SI)$ rose 1.29%. Stocks in Focus $SGX(S68.SI)$: SGX has divested its wholly owned subsidiary, Scientific Beta, to global index provider Stoxx for a consideration of about 23 million euros (US$26.3 million), the local bourse operator said on Wednesday. The transaction is part of the group’s efforts towards active portfolio management and capital allocation. Shares of SGX fell 0.7 per cent or S$0.16 to close at S$24.01 on Wednesday. $AIMS APAC Reit(O5RU.SI)$: The real estate investment trust

Market Snapshot Singapore stocks opened higher on Thursday. $Solidion Technology Inc.(STI)$ rose 0.65%; $OCBC Bank(O39.SI)$ rose 1.2%; $Genting Sing(G13.SI)$ rose 0.8%. Stocks in Focus $SGX(S68.SI)$: SGX has divested its wholly owned subsidiary, Scientific Beta, to global index provider Stoxx for a consideration of about 23 million euros (US$26.3 million), the local bourse operator said on Wednesday. The transaction is part of the group’s efforts towards active portfolio management and capital allocation. Shares of SGX fell 0.7 per cent or S$0.16 to close at S$24.01 on Wednesday.

Market Snapshot Singapore stocks opened lower on Wednesday. $NIO Inc.(NIO)$, $SGX(S68.SI)$ and $Keppel(BN4.SI)$ fell 1%; $Wilmar Intl(F34.SI)$ rose 1%. Stocks in Focus $ESR REIT(9A4U.SI)$: The real estate investment trust (Reit) is set to buy five freehold logistics properties in Melbourne, Australia, for A$276.8 million (US$192.4 million). The acquisition will increase its distribution per unit by 4.3 per cent on a pro forma basis, the Reit’s manager said on Tuesday. The properties will be acquired from Frasers Property. The manager noted that the Australian logistics s

Market Snapshot Singapore stocks opened higher on Tuesday. $NIO Inc.(NIO)$ rose 1.62%; $Genting Sing(G13.SI)$ rose 0.81%; $Sembcorp Ind(U96.SI)$ rose 0.7%. Stocks in Focus $DFIRG USD(D01.SI)$: Current group chief financial officer Tom van der Lee has been appointed as CEO (Food), with group finance director for planning and reporting, Kaizhi Wu, set to take his place. Both changes will take effect on Aug 1, said DFI on Monday. As a result of van der Lee’s appointment and subject to board approval, he will cease his duties as a DFI director. Shares of DFI fell 0.3 per cent to close US$0.01 lower at S$3.65 on Monday,