$37.17
+0.84 (+2.31%)
As of May 10, 11:08 PM ET ·
SGAPY News18 articles
STI Retreats as Bank Stocks Weigh, Olam Soars on Deal Progress
The Straits Times Index declined 0.27% to 5,007.83 on Thursday, pressured by losses in major banking stocks. Olam Group jumped nearly 8% after clearing the last regulatory hurdle for its Olam Agri divestment.
Markets
Singapore Airlines Faces Cost Pressures Amid Supply Chain Delays; Q3 Update Awaited
Singapore Airlines shares edged lower as industry supply chain bottlenecks highlighted at the Singapore Airshow raise cost concerns. The carrier's next business update is scheduled for February 24.
Markets
Singapore Blue-Chip Dividend Payouts Highlight May 2026 Calendar
Singapore blue-chip stocks, including OCBC, UOB, ST Engineering, and Jardine Matheson, are set to distribute dividends in May 2026, with OCBC paying S$0.58 per share including a special dividend.
Earnings
Archer Aviation Valuation Questioned Amid Steep Decline; Singapore Mid-Caps Shine
Archer Aviation faces valuation scrutiny after shares drop 39% over three months. Meanwhile, Singapore's mid-cap stocks led by Frencken Group outperformed blue chips in Q1 2026.
Markets
Grab Debuts Autonomous Ride Service in Singapore Amid Strategic Pivot
Grab Holdings has initiated Singapore's first public autonomous vehicle ride service in Punggol, partnering with WeRide. The move aligns with Grab's strategic focus on automation and AI to improve profitability.
Technology
Electro Optic Systems Surges 14% on Singapore Laser Hub Launch, Eyes Key Results
Electro Optic Systems Holdings Ltd saw its stock climb 13.7% to A$7.16 following the official opening of its high-energy laser weapon hub in Singapore. Investors await audited financial results expected around February 19.
Technology
Singapore Airlines Shares Dip Ahead of Quarterly Business Report
Singapore Airlines shares declined 0.3% to S$6.78 amid moderate trading volume, with investors awaiting the carrier's third-quarter business update on February 24 for insights on demand and Air India performance.
Markets
UOB Gains Ahead of Earnings as Singapore Banks Navigate Rate Outlook
UOB shares advanced 0.47% to S$38.88 ahead of its Feb. 24 results, while DBS fell after reporting a 10% Q4 profit drop and warning of a volatile 2026.
Earnings
OCBC Shares Dip Ahead of Earnings as Singapore Revises Growth Outlook
OCBC shares edged lower as Singapore raised its 2026 GDP forecast. Investors await the bank's Feb. 25 results following DBS's margin pressure warning.
Earnings
GE Aerospace Shares Dip on Saudi Defense Deal, Unveils $300M Singapore Expansion
GE Aerospace stock declined 0.8% following a new industrial pact with Saudi Arabia to enhance fighter engine repair capabilities. The company also detailed a $300 million investment plan in Singapore.
Markets
Hongkong Land Shares Gain in Singapore Amid Expanded Buyback Program
Hongkong Land Holdings advanced 1.8% in Singapore trading as the property group continues its share repurchase initiative, having recently increased its buyback authorization to $650 million.
Markets
Jardine Matheson Gains in Singapore Amid Indonesia Mine Permit Negotiations
Jardine Matheson shares advanced 1.1% in Singapore trading as Indonesia engages in talks over the revoked permits for the Martabe gold mine, operated by its subsidiary Agincourt Resources.
Markets
Singapore Airlines Gains as Oil Retreats; Q3 Update Looms
Singapore Airlines shares advanced over 1% as easing crude prices offered cost relief. Investors await the carrier's third-quarter business update scheduled for February 24.
Markets
UOB Gains as DBS Profit Shortfall Casts Shadow Over Singapore Banking Sector
United Overseas Bank shares advanced as investors assessed the impact of lower interest rates following a profit miss from larger rival DBS Group.
Earnings
iFAST Shares Decline Ahead of Key Earnings and Singapore Budget Announcement
iFAST shares fell 3.2% to S$9.64 ahead of its full-year results on Feb. 12, with market focus also on Singapore's Budget 2026 and upcoming bank earnings.
Earnings
Jardine Matheson Shares Drop 2.4% as Singapore Market Retreats from Record Highs
Jardine Matheson declined 2.4% to US$75.71 on the Singapore Exchange Friday, with the Straits Times Index falling 0.8% to end a three-day record streak. Investors await the company's full-year results on March 10.
Markets
SGX Shares Dip Ahead of Key Singapore Economic Data and Budget Release
Singapore Exchange shares edged lower Friday, closing at S$17.57, as investors await the Economic Survey and national Budget next week. The exchange posted a half-year net profit of S$357.1 million.
Markets
Singapore Bank Shares Retreat Ahead of Key Budget and Earnings
United Overseas Bank shares declined alongside the broader Straits Times Index as investors await Singapore's 2026 budget and upcoming bank earnings. Market focus shifts to net interest margins and credit provisions.
Markets