Markets

The FTSE ST Industrials Index gains 36% as sector rerates

The FTSE ST Industrials Index gains 36% as sector rerates

Hong Leong Asia was the top performer, gaining 141% year to date and attracting $53m in institutional inflows. 

Singapore’s capital markets outlook strengthens as 2026 investment picks up

Core investors are expected to return more decisively next year. 

Hatten Land proposes to acquire Metrocon capital

The $24m purchase price may allot a new number of shares of 5.571 billion ordinary shares, or 60% of the share capital of Hatten.

STI closes at 4,546.07 after new high

The index’s valuation continues to rise but remains below pre-2008 levels. 

Share buybacks hit decade high at $1.91b in 2025

Leading the buyback totals were UOB ($658.5m), OCBC ($445.0m), and DBS ($371.3m). 

SGX reports $2.8b net outflows from institutions in 2025 equity trade

In absolute terms, City Developments recorded the largest net institutional inflow in 2H25, with about $237m purchased.

DBS named Southeast Asia's most valuable brand in 2025

WIth a brand value of $22.2b, it overtook Malaysia's Petronas.

Equity capital market sees strongest YTD issuance since 2021

By sector (issuers), Real Estate led with $3.48b, accounting for 46.3% of the proceeds.

Singapore bond issuance hits record $44.6b in first nine months

DBS Group Holdings, UOB, and DBS Bank each issued $2.59b.

Buyback consideration surges 80% in 9M 2025

The consideration tally was led by UOB ($561m).

Morningstar lifts SGX fair value estimate to $14.50

SGX’s FY2025 adjusted net profit after tax rose 16%.

MSCI launches two new data and analytics solutions

More than half of stakeholders said that they face difficulties finding attractive deals.

Services sector expects modest growth in H2 2025

Overall, 17% of firms anticipate better conditions.

SG sees companies look beyond SGX for IPOs in H1 2025

Only one Singapore-headquartered company chose to list domestically.

RHB Singapore to lead group’s pivot toward ASEAN growth

In 2024, RHB Singapore reported an 18.6% increase in total income to $252.6m, whilst gross loans grew by 14.7% to $8.95b. 

Singapore draws just one IPO listing in H1

Vin’s Holdings Ltd. was the sole listing on the SGX, raised $6m.

RHB lifts SGX target to $16

The updated valuation is based on FY26 earnings and a higher price-to-earnings multiple of 23.5 times.