𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 *17/6/25*

𝐒𝐓𝐈: 3908 (-3) | 𝐇𝐒𝐈: 24060 (+168) | 𝐃𝐨𝐰: 42515 (+317) | 𝐒&𝐏: 6033 (+56) | 𝐍𝐚𝐬𝐝𝐚𝐪: 19701 (+294)

𝐓𝐡𝐨𝐮𝐠𝐡𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐃𝐚𝐲

*A Ceasefire Bounce*

Markets kicked off the week with a spring in their step. The S&P 500 rallied last night, buoyed by reports that Iran is open to brokering a ceasefire with Israel and restarting nuclear talks - and yes, (don’t know how true it is) apparently with Trump in the mix as a potential middleman. That hint of de-escalation in the Middle East helped cool oil prices and fueled a classic risk-on mood.

Meanwhile, all eyes are on the Fed's two-day powwow starting Tuesday. No one's expecting fireworks on rates (they're likely to hold steady at 4.5%) but with inflation softening and the US economy showing signs of slowing, the big question is whether the Fed will finally start talking dovish. Investors are sniffing around for any signal of cuts ahead, though Powell's been playing it cooler than a Fed statement in August.

And just to add some spice, the G7 summit is underway in Canada, where Trump's tariffs are the not-so-welcome guest. Tensions could flare, with Canadian PM Mark Carney not ruling out a tit-for-tat response if the steel and aluminum levies stick.

So many things in the menu. Peace talks, policy pauses and political posturing. Markets like the first, are cautious on the second and bracing for the third. Fingers crossed!

𝐖𝐡𝐚𝐭'𝐬 𝐁𝐫𝐞𝐰𝐢𝐧𝐠?

*Reflecting on yesterday!*

Frankly, the macro may look bleak, with the heightened tension in Israel-Iran casting a dark cloud over the global investment climate, but somehow, our stock market, or at least the few stocks that were on my daily updates last week, in general were doing quite well. Probably san the banks. But even the banks had staged a late rebound to pare losses yesterday. STI, 3900 level, defended! The most notable ones yesterday were renewable bros, *Keppel* and *Sembcorp*, which were both up 1.9% and 1.7% respectively, totally buck the downbeat mood of yesterday. In the small-mid cap space, oil stocks *Rex* (+7.3%) and *RH Petrogas* (+3.1%) (mentioned last Friday ‘s weekly wrap) both surged.

*Stock Watch Today!*

SG is releasing its *NODX* today. Should give us a gauge of the state of our economy. Whether tariff impact is big or small. To be frank, there wasn't much to pick up except for one counter that came out on my radar. Remember *Grand Venture Technology*, one of my two high conviction stocks (the other being Alpina), announcing that they are in discussions on a potential transaction that could lead to a share offer. Well, while Alpina hardly moved since the first few days of announcement, Grand Venture Technology saw a significant jump of 3.8% in late afternoon trading yesterday. Stirring the pot that something might be brewing. That said, the usual caveat applies: that is, there is no assurance of certainty of any deals at his point in time. Also look out for *Boustead* (also in my weekly wrap) who continued its uptrend momentum for the 2nd straight day following news of its proposed divestment of assets into a REIT.

===

𝑭𝒓𝒐𝒎 𝒕𝒉𝒆 𝑺𝑮𝑿 𝑹𝒆𝒔𝒆𝒂𝒓𝒄𝒉 𝑽𝒂𝒖𝒍𝒕

*Institution Flows & Share Buybacks:STI Banks Lead Weekly Buyback Consideration Tally*

https://www.sgx.com/research-education/market-updates/20250616-sti-banks-lead-weekly-buyback-consideration-tally

*REIT Watch - Diversified S-REITs’ operating performance remain resilient amid market uncertainties*

https://www.sgx.com/research-education/market-updates/20250616-reit-watch-diversified-s-reits-operating-performance

𝐇𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠 𝐓𝐨𝐝𝐚𝐲

Ex-Dividend – ELITE UK REIT (GBP 0.0142)

SG: Electronic Exports YoY

SG: Non-oil Domestic Exports YoY

CH: FX Net Settlement – Clients CNY

HK: Unemployment Rate SA

JP: BOJ Target Rate

US: Business Inventories / Capacity Utilization / Industrial Production MoM/ NAHB Housing Market Index / New York Fed Services Business Activity / Retail Sales

Source: SGX Academy

===

𝐵𝑒𝑙𝑜𝑤 𝑎𝑟𝑒 𝑠𝑜𝑚𝑒 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑛𝑒𝑤𝑠.

𝐔𝐒 𝐒𝐭𝐨𝐜𝐤𝐬

— *Roku* rose strongly after the company announced an exclusive partnership with *Amazon* Ads, creating what the firms describe as the “largest authenticated Connected TV (CTV) footprint in the U.S.

— *United States Steel* urged after U.S. President Donald Trump approved the partnership between the steelmaker and Japan’s Nippon Steel,

— *Sarepta Therapeutics* slumped after the company disclosed a second case of patient death due to acute liver failure after receiving its gene therapy for a rare form of muscular dystrophy.

*After hours movers*

— *Digital Turbine* jumped 9% in after-hours trading on Monday after the mobile advertising technology company reported better-than-expected fourth quarter results and issued strong guidance for fiscal 2026.

— *Lennar Corporation* reported second quarter earnings that fell short of analyst expectations, while revenue surpassed estimates. The homebuilder’s shares slipped 1.2% in after-hours trading Monday following the release.

𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬

— *Singapore banks* will bear the brunt of lower interest rates, says JP Morgan

https://www.theedgesingapore.com/news/singapore-economy/singapore-banks-will-bear-brunt-lower-interest-rates-says-jp-morgan

— *SIA* and Scoot carried 3.4 mil passengers in May, 6.3% y-o-y higher

https://links.sgx.com/1.0.0/corporate-announcements/S5EPU3NM71AI4R5C/848979_opstats-may25.pdf

— *CosmoSteel* receives final approval to dispose property at 90 Second Lok Yang Road for $9 mil

— *Beverly JCG* Subsidiary and KL Wellness City Forge Strategic Partnership to Elevate Malaysia’s Healthand Wellness Landscape

— *BBR Holdings* secures $220 mil new construction contracts

— *H2G Green Limited* Outlines Vision to Strengthen Singapore as LNG Hub and Advance Towards Net Zero

Sources:

www.sgx.com

www.investing.com

www.theedgesingapore.com

Start your investment journey here:

https://tinyurl.com/TTP-dan

Cheers!

Dan

Disclaimer: https://tinyurl.com/dan-disclaimer

#dailyupdate #tradeSGX #poems #danccs

𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 *16/6/25*

𝐒𝐓𝐈: 3911 (-11) | 𝐇𝐒𝐈: 23892 (-142) | 𝐃𝐨𝐰: 42198 (-770) | 𝐒&𝐏: 5977 (-68) | 𝐍𝐚𝐬𝐝𝐚𝐪: 19407 (-255)

𝐓𝐡𝐨𝐮𝐠𝐡𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐃𝐚𝐲

*Missiles! Tariffs And Mood Swings!*

US markets ended last week on a cautious note, with the S&P 500 slipping Friday as geopolitics grabbed the spotlight. Iran fired off hundreds of missiles at Israel in retaliation for an earlier strike on its nuclear and military sites. Israel responded that “We’ll hit back harder.” , keeping oil prices spiking, risk-off vibes kicking in and investors getting jittery about a broader Middle East flare-up.

On domestic front, Michigan’s consumer sentiment index climbed to 60.5 in early June, up from 52.2 in May. On tariffs, Trump stirred the pot again, warning auto duties could be next. All this while claiming the US-China deal is “done”, though he’s also threatening fresh trade letters ahead of a July deadline. So yes, volatility is back in fashion.

𝐖𝐡𝐚𝐭'𝐬 𝐁𝐫𝐞𝐰𝐢𝐧𝐠?

Plenty brewing on the global front next week. China kicks things off Monday with a flurry of data from fixed asset investment, industrial production to unemployment … all offering clues on how well the world's second-largest economy is holding up. Markets will also be watching the NBS press conference for any hints on stimulus.

Over in the U.S., there is retail sales, industrial production and business inventories rolling out midweek. The bigger focus lands on Thursday with the *FOMC rate decision* and post-meeting press conference. The Fed is expected to hold, but the updated dot plot and projections could move markets, especially with inflation still sticky.

Japan also steps into the spotlight with the BoJ meeting on Tuesday. No big surprises expected, but markets remain alert to any shift in tone. 

Meanwhile, Europe will digest inflation data and the ECB bulletin, while Germany’s ZEW sentiment reading gives us a pulse on business expectations.

Oil watchers, stay sharp ! OPEC and IEA monthly reports are due, along with U.S. crude inventory data. With geopolitical tensions still simmering, any fresh headlines could stir up energy prices.

And a heads-up – Thursday is a U.S. market holiday (Juneteenth), so expect lower volumes midweek.

Light on local shore. Mermaid Maritime’s ex-rights and SLB Development’s ex-offer are the notable ones. Keep an eye on Singapore’s non-oil domestic exports (NODX) and electronics exports data as well, a handy pulse check on external demand and tech cycle momentum.  

===

𝑭𝒓𝒐𝒎 𝒕𝒉𝒆 𝑺𝑮𝑿 𝑹𝒆𝒔𝒆𝒂𝒓𝒄𝒉 𝑽𝒂𝒖𝒍𝒕

𝐇𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠 𝐓𝐨𝐝𝐚𝐲

Ex-Dividend – ICBC CSOP FTSE CHN GOV BD ETF (SGD 0.2)

Ex-Dividend – SHANGRI-LA ASIA (HKD 0.1)

Ex-Rights – MERMAID MARITIME (4 for every 7 MERMAID MARITIME)

Ex-Offer – SLB DEVELOPMENT (SGD 0.23)

CH: Industrial Production YoY / New Home Prices / Retail Sales YoY

EC: ECB’s Nagel Gives Speech in Frankfurt

US: Empire Manufacturing

Source: SGX Academy

===

𝐵𝑒𝑙𝑜𝑤 𝑎𝑟𝑒 𝑠𝑜𝑚𝑒 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑛𝑒𝑤𝑠.

𝐔𝐒 𝐒𝐭𝐨𝐜𝐤𝐬

— *Airline stocks, Delta Air Lines, United Airlines, Southwest Airlines and American Airlines* all dropped sharply as the surge in crude prices raised concerns about higher fuel costs for the carriers

— *defense companies Lockheed Martin Corporation, Rtx Corp, Northrop Grumman and L3Harris Technologies* all gained on the heightened.  geopolitical tensions.

— *Adobe* slipped despite raising its annual guidance,

— *Apple* edges higher after its iPhone sales rose to the top spot in China in May, with global sales growing 15% year-on-year during April and May in the tech giant’s strongest performance for the two-month period since the COVID-19 pandemic, data from Counterpoint Research showed.

— *Energy stocks including Halliburton Company, APA Corporation, EOG Resources Inc* led the sector to a more than 1% gain, underpinned by surging oil prices in the wake of Iran response to Israel’s large‑scale airstrike on Tehran Friday.

𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬

— *IOI Property Group* likely to list S-REIT in 2H2026 says UOBKH

https://www.theedgesingapore.com/capital/brokers-calls/ioi-property-group-likely-list-s-reit-2h2026-says-uobkh

— *Thakral Corporation’s* 37%-owned associate GemLife, a lifestyle resorts business owner in Australia, has signed an underwriting for its proposed IPO on the Australian Securities Exchange

— *Charisma Energy* has obtained the concurrence from SGX RegCo on its application to resume the trading of its shares with effect from 9.00 am on 16 June 2025

Sources:

www.sgx.com

www.investing.com

www.theedgesingapore.com

Start your investment journey here:

https://tinyurl.com/TTP-dan

Cheers!

Dan

Disclaimer: https://tinyurl.com/dan-disclaimer

#dailyupdate #tradeSGX #poems #danccs

$Keppel(BN4.SI) 1GT Bullish Signal appeared on 23 April, with no exit signal yet.

Prices had since rallied over 20% breaking above the 6.80 resistance level after consolidating since 2023, 20 Days moving average still looking good right now, and a New Support is looking to form after the 7.20 Resistance was broken.

Upside target drawn to 7.60 first, and 8.00 subsequently, watching closely for new 1GT Bullish signals💪

$Centurion(OU8.SI)

1GT Bullish Signal from 6 May playing out after prices consolidated under 1.50..

A new support forming at 1.50 still holding right now, where a new wave of momentum could send prices towards 1.80 with the 20d Moving Average still pointing up.

Are we going to see continued strength?💪

🔍 𝐀𝐦𝐢𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐧𝐨𝐢𝐬𝐞 𝐨𝐧 𝐗𝐢-𝐓𝐫𝐮𝐦𝐩 𝐭𝐫𝐚𝐝𝐞 𝐭𝐚𝐥𝐤𝐬… 𝐚𝐫𝐞 𝐲𝐨𝐮 𝐰𝐚𝐭𝐜𝐡𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐬𝐭𝐨𝐜𝐤𝐬?

Used my 1GT Strategy to break it all down—and you can buy these right from SGX as SDRs.

Full article here 👉 https://joeychoy.beehiiv.com/p/everyone-s-...

$Bank of CN HK SDR 1to1(HBND.SI) $HSBC HK SDR 5to1(HSHD.SI) $Xiaomi HK SDR 2to1(HXXD.SI)

@sgsiasorg 

Looking to navigate market uncertainty with confidence?

Come on down on 28 June, Saturday, to discover how fixed income products can offer stability and steady returns, and learn strategies to build a resilient, diversified portfolio.

Limited seats available so click here: https://bit.ly/3TheT1R to register now!

See you then!

https://youtube.com/shorts/7b4251uuJqc

https://youtu.be/2Etrnpx1wFk
$Rex Intl(5WH.SI)

Youtube Live 直播010: | 新加坡股票 Singapore Market| 航哥聊股票 (11.06.2025)
https://youtube.com/live/oh_PXI38xDI
$DBS(D05.SI)

$FTSE ST All-Share Real Estate Investment Trusts Index(FSTAS351020.IN) is currently trading within a range between 625 and 660. At the same time, the REIT index is forming an Inverted Head and Shoulder with 200D SMA as neckline resistance.

Look out for breakout catalysts:
(1) Huge improvement in DPU payout in the next quarter earning release.
(2) An Interest Rate Cut by US Fed
(3) Plunge in US 10 Years Risk Free Rate

$CSOP iEdge SREIT ETF S$(SRT.SI) $CSOP iEdge SREIT ETF US$(SRU.SI) $LION-PHILLIP S-REIT(CLR.SI)

For Trading - No Trend (Hold)
For Long Term Investing - Accumulate in Stages

🪙Sasseur REIT - Change Of Legal Representative
🪙Elite UK REIT Strengthens Counter-Cyclical Portfolio With Proposed GBP9.2 Million Acquisition Of Three Government-Leased Properties
🪙CapitaLand Ascott Trust - Members' Voluntary Liquidation Of Wholly Owned Subsidiary
🪙Manulife US REIT - Redemption Of Preferred Units By Hancock S-REIT ATL LLC Which Used To Hold The Property Known As Peachtree
🪙CapitaLand China Trust - Proposed Participation In CapitaLand Commercial C-REIT, As An Interested Person Transaction
🪙Mapletree Logistics Trust - Completion of Divestment of 8 Tuas View Square
🪙Suntec REIT - Proposed Issue Of S$250,000,000 Fixed Rate Subordinated Perpetual Securities Pursuant To The U.S.$2,000,000,000 Euro Medium Term Securities Programme
🪙Keppel DC REIT will replace Jardine Cycle & Carriage (C&C) on the Straits Times Index (STI) after a quarterly review, effective June 23.

$Sasseur Reit(CRPU.SI) $EliteUKREIT GBP(MXNU.SI) $CapLand Ascott T(HMN.SI) $ManulifeReit USD(BTOU.SI) $CapLand China T(AU8U.SI) $Mapletree Log Tr(M44U.SI) $Suntec Reit(T82U.SI) $Keppel DC Reit(AJBU.SI)

See detail announcements here:
https://reitsavvy.com/insights/s-reits-wee...

#reitsavvy #reit #reitnews #SGREITsweeklyupdate #SGREITsPulse