Country Daily
Singapore Daily
Top Stories
Strategy | Alpha Picks: Bank Stocks Continue To Pull Ahead
Our August Alpha Picks remains at 15 names, adding SIAEC and removing CAO. The July portfolio (+10.3% on a market cap-weighted basis) beat the FSSTI by 1.4ppt. OCBC (+17.5%) was largely the performance driver in July, followed by Huationg (+6.6%) and Keppel (+4.8%). Singapore stocks continued attracting safe-haven flows amid geopolitical uncertainty, with the 2Q26 earnings season ahead.
Market Spotlight
- US stocks were higher on Monday, with all indices rising as communication services, consumer discretionary and industrials sectors rose. There were more advancers than decliners on both the NYSE and NASDAQ.
- The FSSTI fell 16.22 points to 5,612.28, due to weakness in Singtel, Keppel and SGX, with both mid- and small-cap indices rising with a broad market decline on S$2.08b turnover.
Technical Analysis
First Resources | FR SP
Trading Buy Range: S$3.47-3.48
SATS | SATS SP
Trading Buy Range: S$4.79-4.80
Country Daily
Singapore Daily
Top Stories
Strategy | Alpha Picks: Bank Stocks Continue To Pull Ahead
Our August Alpha Picks remains at 15 names, adding SIAEC and removing CAO. The July portfolio (+10.3% on a market cap-weighted basis) beat the FSSTI by 1.4ppt. OCBC (+17.5%) was largely the performance driver in July, followed by Huationg (+6.6%) and Keppel (+4.8%). Singapore stocks continued attracting safe-haven flows amid geopolitical uncertainty, with the 2Q26 earnings season ahead.
Market Spotlight
- US stocks were higher on Monday, with all indices rising as communication services, consumer discretionary and industrials sectors rose. There were more advancers than decliners on both the NYSE and NASDAQ.
- The FSSTI fell 16.22 points to 5,612.28, due to weakness in Singtel, Keppel and SGX, with both mid- and small-cap indices rising with a broad market decline on S$2.08b turnover.
Technical Analysis
First Resources | FR SP
Trading Buy Range: S$3.47-3.48
SATS | SATS SP
Trading Buy Range: S$4.79-4.80
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