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Daily Markets Briefing: STI up 0.51%; Top stock is Yangzijiang Shipbuilding
Daily Markets Briefing: STI up 0.51%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 2.14% increase.
Citibank, HSBC, RHI lead Singapore brand experience
Across the three sectors evaluated, Citibank, HSBC, and Raffles Health Insurance (RHI) emerged as category leaders.
Singapore industrial market seen stable into early 2026
The headline PMI edged up from 49.9 in July to 50.1 in September.
Singapore nominal GDP projected to double to up to $1.8t by 2040
Singapore’s economy will continue to be services-led, with services accounting for roughly 74% of gross value added (GVA).
40% of part-time staff deterred by commute: survey
44% said they would consider rejoining the workforce if hybrid or flexible work options were available.
Mitsubishi Power, Jurong consortium bags contract for 670-MW combined gas turbine
The plant, expected to open in 2029, is set to be the largest battery energy storage in the city-state.
Inflation up 0.2% YoY in September
But it was 0.1% lower on a mknth-on-month basis.
MAS to roll out Value Unlock programme in November
The programme will tighten governance and improve capital efficiency.
Sabana REIT NPI up16% on stronger leasing and rental growth
Its portfolio occupancy rose to 87%, led by gains at New Tech Park.
MPACT's NPI slips 2.2% in Q2
VivoCity’s full occupancy and rental gains offset weaker overseas income.
Soon Hock unit joins $351m redevelopment consortium
It will hold on 10% stake in new property joint venture.
Singtel unveils hybrid network against quantum threats
The company also signed an MoU with Palo Alto Networks to extend the network.
Jewel Changi, Mastercard renew partnership amidst rising visitor spend
Cardholder privileges at airport offerings aim to boost spending.
HDB to launch 4,620 flats in 2026 BTO exercise
Sembawang provides the largest mix from two-room Flexi all the way to five-room flats.
Digital Core REIT posts $45.7m distributable income in first nine months
This shows a 1.9% increase compared to the same period in 2024.
Wee Hur enters JV to build Wycombe Abbey School (Singapore)
The property will be developed at certain land lots at Huogang Avenue 3.
Stoneweg REIT issues $452m green notes due 2033
The Series 003 Notes are issued under the EUR1.5b ($2.260b) Euro Medium Term Note programme.
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