𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 *7/7/25*

𝐒𝐓𝐈: 4013 (-6) | 𝐇𝐒𝐈: 23916 (-153) | 𝐃𝐨𝐰: – (-) | 𝐒&𝐏: – (-) | 𝐍𝐚𝐬𝐝𝐚𝐪: – (-)

𝐓𝐡𝐨𝐮𝐠𝐡𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐃𝐚𝐲

𝐒𝐓𝐈 𝐟𝐥𝐢𝐫𝐭𝐞𝐝 𝐰𝐢𝐭𝐡 𝐚 𝐫𝐞𝐜𝐨𝐫𝐝, 𝐭𝐡𝐞𝐧 𝐫𝐞𝐦𝐞𝐦𝐛𝐞𝐫𝐞𝐝 𝐉𝐮𝐥𝐲 𝟗

Before the first full week of July kicks off, it’s worth taking a moment to reflect on the market shifts from last week. As markets across Asia turned cautious ahead of the approaching July 9 US tariff deadline, we’ve seen investors balancing optimism from Wall Street against unresolved trade uncertainties.

In a recent piece by Zaobao, one of the most influential Chinese news media, I shared some thoughts on how the Straits Times Index briefly hit a record high before retreating last Friday, with sentiment becoming more cautious in the afternoon. Real estate counters also faced pressure following the government’s latest property measures.

Looking ahead, July 9 could be a key inflection point for global markets, and investor attention will likely remain focused on trade developments and policy signals from the US.

Grateful to Zaobao senior journalist 刘柳 (Liu Liu) for the thoughtful coverage and opportunity to contribute to the conversation.
https://www.zaobao.com.sg/finance/singapor...

𝐖𝐡𝐚𝐭'𝐬 𝐁𝐫𝐞𝐰𝐢𝐧𝐠?

This week is light, but nonetheless still important. Wednesday, 9 July, is the key date. Of course, you would have known that it is the *key deadline set by the US for the reactivation of tariffs* under its revised trade policy. We will see how many more deals are made before that deadline and what decisions, if any, Trump would make closer to 9 July. We should no longer be surprised by Trump’s sudden, inconsistent decisions near important dates. Beside that, *China’s CPI and PPI* also dropped on that day. And in that very evening (wed night), *FOMC meeting minutes* would be released, possibly shedding more light on the timeline of rate cuts, if any. *US initial jobless claims* on Thursday evening would give us a feel of the labour market following last night’s strong non farm payroll data. Friday will round off with a bunch of Fed speak (Waller and Daly).

On local shore, equally quiet. but still meaningful week on the local data front, if you ask me. Singapore's foreign reserves data drops today, will be useful for those keeping tabs on external liquidity and macro stability. On Wednesday, we will start getting our *Q2 GDP estimates*, which could offer early clues on how the economy is faring amidst global headwinds. Lastly, *UMS* goes XD on Wednesday (SGD 0.01), among others

All in, it's a week of subtle signals. Nothing earth-shaking, but a few nuggets for those paying attention.

===
𝑭𝒓𝒐𝒎 𝒕𝒉𝒆 𝑺𝑮𝑿 𝑹𝒆𝒔𝒆𝒂𝒓𝒄𝒉 𝑽𝒂𝒖𝒍𝒕

*Info-Tech Systems – Leading HR Management SaaS Provider - Debuts on SGX*
https://www.sgx.com/research-education/mar...

𝐇𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠 𝐓𝐨𝐝𝐚𝐲
SG: Foreign Reserves
CH: Foreign Reserves
HK: Foreign Reserves
Source: SGX Academy

===
𝐵𝑒𝑙𝑜𝑤 𝑎𝑟𝑒 𝑠𝑜𝑚𝑒 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑛𝑒𝑤𝑠.

𝐔𝐒 𝐒𝐭𝐨𝐜𝐤𝐬
Closed for Independence Day last Friday.

𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬
— *Addvalue Technologies* secured US$2.1M in new SPC-related orders for IDRS terminals from two leading space tech companies, including a new client.
— *Nanofilm* will acquire the remaining 35% stake in its subsidiary Sydrogen Energy for S$15M, making it a wholly owned unit by 2026 to strengthen its position in the hydrogen energy sector and accelerate strategic integration.
— *UltraTech Cement* clarified that it is not under investigation in the cement cartelisation case reported on 4 July 2025, stating that the misleading media reports pertain only to its subsidiary, India Cements Limited, which is handling the matter independently.
— *LHN Limited* unanimously approved the proposed voluntary withdrawal of listing of the Company’s shares on HKEX due to reasons of cost and utility
— *Southern Alliance Mining* denies its involvement in Sabah mining scandal
— *mm2 Asia* seeks to raise $15M in proposed placement round at 0.8 cents per share
*Earnings Calendar:*
18 Jul: Qian Hu
22 Jul: HPHT
23 Jul: Digicore, OUEREIT
24 Jul: ESR REIT
25 Jul: iFast, KDCR^
28 Jul: Raffles Med^, SIA, MIT, KORE^
30 Jul: CDLHT^, MPACT, KREIT
31 Jul: Elite UK^, Keppel^
1 Aug: OCBC^
4 Aug: Lendlease
6 Aug: Venture
7 Aug: Genting Sing, IREIT
12 Aug: Wilmar
13 Aug: CDL^
^ denote before market opens.

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 𝐖𝐫𝐚𝐩 (𝐖𝐞𝐞𝐤 𝐞𝐧𝐝𝐞𝐝 𝟒/𝟕/𝟐𝟓)

𝐒𝐓𝐈 𝐇𝐢𝐭𝐬 𝐀𝐓𝐇 - 𝐀 𝐅𝐮𝐥𝐥 𝐂𝐚𝐬𝐭 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞

Last week, the 𝐒𝐓𝐈 $STI(STI.SI) cracked 3,950. This week, it went one better, breaking past the 4,000 mark and even touching an ATH of 4,024. If last week was the ignition, this week was full throttle. The index started at 3,970, stayed firmly above 3,950, and never looked back. It eventually closed the week at 4,013.

What's worth highlighting is that this rally wasn't just a "bank show." It was broad-based, with strength across multiple sectors. While many stocks joined the party, l will just pick out a few to spotlight.

𝐈𝐏𝐎 𝐠𝐥𝐨𝐰, 𝐒𝐆𝐗 𝐨𝐧 𝐭𝐡𝐞 𝐠𝐨

𝐒𝐆𝐗 (𝐒𝟔𝟖) $SGX(S68.SI) had a great week. It surged from $14.65 to 17-year high $15.36 (+4.8%) before closing at $15.17. The rally seems to be fuelled by optimism over the recent inflows of IPOs. This week saw IPO action from Info-Tech, and the buzz around the upcoming NTT REIT listing added fuel to the fire. There is a quiet confidence returning to the market, and SGX seems to be steadily regaining its rhythm as a listings hub.

𝐁𝐮𝐲𝐛𝐚𝐜𝐤𝐬 𝐨𝐧 𝐭𝐚𝐩, 𝐩𝐫𝐢𝐜𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐦𝐚𝐩

𝐇𝐨𝐧𝐠𝐤𝐨𝐧𝐠𝐋𝐚𝐧𝐝 (𝐇𝟕𝟖) $HongkongLand USD(H78.SI) also had a terrific week, climbing from $5.75 to a 5-year high of $6.44. The likely driver could be a flurry of aggressive share buybacks - a textbook move to boost shareholder value and tighten the float.

𝐋𝐚𝐧𝐝 𝐰𝐢𝐭𝐡 𝐚 𝐕𝐢𝐞𝐰

During the week, 𝐔𝐎𝐋 (𝐔𝟏𝟒) $UOL(U14.SI) ‘s share price jumped from S$6.04 to a high of S$6.83, marking a sharp 13.1% rally, before pulling back to close at $6.48 on Friday. In the week, it announced the completion of its acquisition of Thomson View condominium, a strategic land banking move to beef up its residential pipeline. The market clearly liked what it saw. The stock took off on the back of this growth-centric news.

𝐒𝐩𝐢𝐧 𝐈𝐭 𝐭𝐨 𝐖𝐢𝐧 𝐈𝐭

In the week, 𝐘𝐙𝐉 𝐅𝐢𝐧 (𝐘𝐅𝟖) $YZJ Fin Hldg(YF8.SI) turbo-charged its way to an ATH of $0.90, (+ 23%), following the incorporation of YZJ Maritime Development, a strategic move signalling the spin-off of its maritime investment arm. Perceived as a smart play to sharpen YZJ Fin's focus, streamline capital allocation, and ultimately unlock more value for shareholders.

𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐒𝐡𝐨𝐮𝐭𝐨𝐮𝐭𝐬

𝐂𝐢𝐭𝐲𝐃𝐞𝐯 (𝐂𝟎𝟗) $CityDev(C09.SI) saw a similar huge surge from $5.15 to $5.50 before pulling back sharply to close at $5.39 on Friday, likely due to SG govt’s latest property measures.

Mentioned breakout in CSE Global and Centurion last week. This week, both did one better. 𝐂𝐒𝐄 𝐆𝐥𝐨𝐛𝐚𝐥 (𝟓𝟒𝟒) $CSE Global(544.SI) refreshed its 4-year high to $0.62 while 𝐂𝐞𝐧𝐭𝐮𝐫𝐢𝐨𝐧 (𝐎𝐔𝟖) $Centurion(OU8.SI) refreshed its ATH to $1.77

𝐆𝐫𝐚𝐧𝐝 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 (𝐉𝐋𝐁) $Grand Venture(JLB.SI) hit its 3-year high of $1.00 before closing at $0.98. This week, it updated that it is still involved in discussions on possible transactions involving the company with a third party, although there is no guarantee on any outcome.

Happy weekend!

Cheers!

Dan

Disclaimers: tinyurl.com/dan-disclaimer

#weeklywrap #tradeSGX #danccs

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Missed today’s session? Catch the full breakdown now!

We covered over 20 SG stocks, live 1GT signals & 3 bonus stock picks you’ll want on your radar 📈

Some of the popular stocks includes DBS, Singtel, YZJ Fin Holding, Keppel, Frencken and many more...

📍 Watch the full replay here: https://www.youtube.com/watch?v=B0fcao2Lg3o

Grab a coffee & catch up! ☕️

$Sheng Siong(OV8.SI) Not 1, Not 2 but 4 1GT Bullish Signals playing out.

Prices broke the 1.80 resistance, turning it into a support, and now testing the 2.00 resistance, with the 20D Moving Average still showing strength along side the 100d and 200d Moving Averages

Could we see this momentum continue? Pushing pass 2.00 to the 2.20 target. 👏

@sgsiasorg Calling all NetLink NBN Trust unitholders!

Join us for an exclusive briefing hosted by SIAS with NetLink’s management team. Gain key insights into FY25 highlights and discover what’s ahead for FY26. Don’t miss this opportunity to get your questions answered and stay informed.

Date: 9 July, Wednesday

Time: 12.00pm - 1.00pm SGT
Location: SIAS Training Room

Register now: https://bit.ly/3HK3V2r

#NetLinkNBNTrust #SIAS #InvestorBriefing

@sgsiasorg Calling all NetLink NBN Trust unitholders!

Join us for an exclusive briefing hosted by SIAS with NetLink’s management team. Gain key insights into FY25 highlights and discover what’s ahead for FY26. Don’t miss this opportunity to get your questions answered and stay informed.

Date: 9 July, Wednesday

Time: 12.00pm - 1.00pm SGT
Location: SIAS Training Room

Register now: https://bit.ly/3HK3V2r

#NetLinkNBNTrust #SIAS #InvestorBriefing

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https://youtu.be/8tBKvvBWz1Y
$DBS(D05.SI) $HongkongLand USD(H78.SI) $YZJ Fin Hldg(YF8.SI)

https://www.youtube.com/live/Q-aNDm1X1m0?s...-

https://youtu.be/tNme-uKJA8I
$DBS(D05.SI) $AEM SGD(AWX.SI) $UMS(558.SI) $ManulifeReit USD(BTOU.SI)

🪙Elite UK REIT - Entry Into New Property Management Agreement
🪙Frasers Centrepoint Trust - Pursuant To The S$3,000,000,000 Multicurrency Debt Issuance Programme
🪙NTT DC REIT is set to debut on the Singapore Exchange (SGX) on July 14, 2025, marking the largest REIT listing in Singapore since 2013
🪙Singapore REITs Monthly Update (19 Jun 2025) - Check out at REITsavvy.com

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

#reitnews #SGREITsweeklyupdate #SGREITsPulse
#reitsavvy #reit

𝐍𝐓𝐓 𝐃𝐂 𝐑𝐄𝐈𝐓 𝐈𝐏𝐎 is a big deal for the SGX Group (SGX) for several reasons:

1️⃣Largest REIT IPO in a Decade: With a potential raise of up to US$812.3 million, it’s SGX’s biggest REIT listing since 2017—reviving large-scale IPO activity after a relatively quiet period.

2️⃣Boosts Market Confidence: It comes at a time when SGX has seen several delistings. A high-profile listing like this signals renewed investor interest and strengthens SGX’s position as a global REIT hub.

3️⃣Diversifies REIT Offerings: NTT DC REIT focuses on data centres, a high-growth segment aligned with digital infrastructure trends. It joins Keppel DC REIT and Digital Core REIT, reinforcing SGX’s niche in this space.

4️⃣Attracts Global Capital: Backed by heavyweight cornerstone investors like GIC and UBS, the IPO draws international attention and capital inflows to Singapore’s financial markets.

5️⃣Pipeline for Growth: With a strong sponsor in NTT Group and a global portfolio, the REIT is expected to scale quickly—potentially doubling in size within five years. It’s not just another listing—it’s a strategic win for SGX’s long-term positioning in the global REIT and digital infrastructure space. 👏👏👏

$NTT DATA GROUP CORPORATION(NTTDF)$ $NTT DATA GROUP CORPORATION(NTDTY)$