SG Morning Call | Singapore Stocks Open Higher; Singapore Says It May Review GDP Outlook on Iran Crisis, Oil
Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.2%; ST Engineering rose 2%; Yangzijiang Shipbuilding rose 0.9%; Genting Singapore rose 0.7%; OCBC rose 0.6%; UOB rose 0.5%; SIA fell 0.4%; DBS fell 0.2%. Stocks in Focus $Olam Group(VC2.SI)$: The agri-business company announced on Monday that its food, feed and fibre operating business, Olam Agri, secured a seven-year US$100 million financing facility, which will initially be guaranteed by the group. This unit will become the guarantor at some point, after the Singapore-listed group completes the proposed sale of its 44.58 per cent stake in Olam Agri to the Saudi Agricultural and Livestock Investment Company. Proceeds from this move will be used by Olam Agri to back the flow o
Singapore Says May Relook GDP Outlook on Iran Crisis, Oil Price
Singapore Deputy Prime Minister Gan Kim Yong said the city-state will revise its economic outlook, if needed, due to the crisis in the Middle East which could push up global energy prices. “Depending on how protracted the conflict is, higher energy prices could lead to higher costs for businesses and consumers and weigh on the global and Singapore economies,” he told parliament on Monday. “We are monitoring the developments closely and will reassess our GDP and inflation forecasts if necessary.” The Southeast Asian financial hub, which imports nearly all of its energy needs, is particularly vulnerable to swings in global oil and gas prices. The trade-dependent nation has long cautioned that geopolitical tensions and supply disruptions could fuel inflationary pressures and weigh on growth.
SG Morning Call | Singapore's Grab Bets on AI, New Services to Triple Profit by 2028
Market Snapshot Singapore stocks opened lower on Friday. STI down 0.3%; Yangzijiang Shipbuilding up 7%; UOL up 3%; Olam down 8%. Stocks in Focus $ST Engineering(S63.SI)$: ST Engineering reported a net profit of S$59.9 million for H2 FY2025, an 83.6 per cent decline from S$381 million a year prior. This figure includes gains on divestments as well as shareholding interests in CityCab, SPTel and Starco, and one-off impairment losses related to iDirect group and Jet-Talk. The counter ended Thursday 2.1 per cent or S$0.21 lower at S$10.02 prior to the results release. $Wilmar Intl(F34.SI)$: The agribusiness posted a 38.3 per cent rise in net profit to US$815.9 million for its second half ended Dec 31, 202
SG Morning Call | Seatrium H2 Profit up 48.3%, Full-Year Profit Doubles on Margin Expansion
Market Snapshot Singapore stocks opened higher on Thursday. STI rose 0.3%; Seatrium up 4%; Food Empire up 2%. Stocks in Focus $Food Empire(F03.SI)$: The food and beverage company on Wednesday reported a 25 per cent increase in net profit to US$37.1 million for the second half ended Dec 31, 2025, from US$26.8 million in the same period the year before. Revenue rose 20.6 per cent to US$302.9 million from US$251.1 million previously. The board proposed a final dividend of S$0.05 a share and a special dividend of S$0.04 a share. The counter ended 1.8 per cent or S$0.06 lower at S$3.27 on Wednesday, before the release of results. $AEM SGD(AWX.SI)$: The semiconductor equipment maker posted a net profit of S
SG Morning Call | S’Pore Announces Plans to Tighten Data Centre Rules at Launch of AI Test-Bed Facility by Singtel, Nvidia
Market Snapshot Singapore stocks opened lower on Wednesday. STI down 0.4%; Genting Sing down 8%; Sembcorp down 2%; OCBC, SIA down 1%. Stocks in Focus $OCBC Bank(O39.SI)$: OCBC on Wednesday reported a 3 per cent increase in net profit for the fourth quarter, driven by a surge in non-interest income. Net profit for the three months ended Dec 31, 2025, stood at S$1.75 billion, versus S$1.69 billion a year earlier. The lender declared a final dividend of S$0.42 per share, up from S$0.41 per share in the year-ago period. Shares of OCBC closed 1.2 per cent or S$0.26 lower at S$21.43 on Tuesday. $Sembcorp Ind(U96.SI)$: Sembcorp Industries on Wednesday reported a 5 per cent decrease in net profit to S$44
SG Morning Call | UOB Stock dwon 4% After Profit Drops as Lending Income, Trading Declines
Market Snapshot Singapore stocks opened higher on Tuesday. STI rose 0.3%; Nio up 2%; SIA up 1%; UOB down 4%. Stocks in Focus $UOB(U11.SI)$: The bank’s net profit for the fourth quarter fell 7 per cent on the back of margin pressures from lower benchmark rates, it said on Tuesday. Net profit for the three months ended Dec 31, 2025, came in at S$1.41 billion, compared with S$1.52 billion a year earlier. The bank declared a dividend of S$0.71 per share for the half-year, bringing the full-year dividend to S$1.56 per share. Net interest income fell 4 per cent to S$2.35 billion. Shares of UOB closed 0.5 per cent or S$0.20 higher at S$38.80 on Monday. $OCBC Bank(O39.SI)$: Environmental group Market Forces h
3 Singapore Blue Chips That Still Offer Value Beyond 5,000
The Straits Times Index recently climbed to unprecedented levels, surpassing the 5,000-point mark. Investors are grappling with the common apprehension of potentially missing out on further gains; this raises the question of whether it is still a good time to invest in equities. Historical trends indicate that when indices reach new peaks, they often continue their upward trajectory. However, new highs also correspond with higher valuations, making the choice of individual stocks critically important. This analysis examines three companies that may still present value for investors. $Singapore Telecommunications Limited(Z74.SI)$, or Singtel — A Defensive Growth Stock First is Singapore's leading telecommunications provider, Singtel. Valued for i
SG Morning Call | Singapore Stocks Open Higher; China Aviation up 3.2%; Raffled Medical up Nearly 3%; Seatrium up 2.8%; UOI Fell 0.6%
Market Snapshot Singapore stocks opened slightly higher on Monday. STI rose 0.09%; China Aviation up 3.2%; Raffled Medical up nearly 3%; Seatrium up 2.8%; UOI fell 0.6%. Stocks in Focus $United Overseas Insurance(U13.SI)$ (UOI): The insurance arm of UOB on Friday posted a net profit of S$23.7 million for the second half of its 2025 fiscal year ended Dec 31 – a 51.5 per cent increase from S$15.6 million in the year-ago period. Earnings per share for FY2025 stood at S$0.5281, up from S$0.4874 in FY2024. Additionally, the board recommended a final dividend of S$0.195 a share. The counter ended flat at S$7.93 on Friday, before the results. $Seatrium(5E2.SI)$: The marine engineering company expects to achi