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Market Insights

Market Insights

Markets rally with US-Iran deal; SpaceX ends first week 14% up

Markets were abuzz following the listing of Elon Musk’s SpaceX on June 12 on the Nadaq.
Markets were abuzz following the listing of Elon Musk’s SpaceX on June 12 on the Nadaq.

Market Insights

Experts urge closer look at SpaceX’s lofty valuation on IPO rally

SpaceX shares debuted at US$150 on June 12 and climbed to a high of US$176.52 during the session, before closing 7 per cent higher at US$160.95.
SpaceX shares debuted at US$150 on June 12 and climbed to a high of US$176.52 during the session, before closing 7 per cent higher at US$160.95.

Market Insights

Tech tremors: Overpriced SpaceX IPO roils markets, Singapore tech stocks not spared

FILE PHOTO: A 3D-printed miniature model of Elon Musk and a SpaceX logo are seen in this illustration created on January 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A 3D-printed miniature model of Elon Musk and a SpaceX logo are seen in this illustration created on January 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Market Insights

SATS jumps after record $6 billion revenue, while Mary Chia reports a loss due to leaner sales

SATS on May 26 reported record revenues of $6.35 billion for the 2026 financial year, which ran from April 1, 2025, to March 31.
SATS on May 26 reported record revenues of $6.35 billion for the 2026 financial year, which ran from April 1, 2025, to March 31.

Market Insights

Telco tumult: Simba acquisition of M1 collapses; Singtel shares slide as S’pore business weakens

Tuas Limited, the Australian-listed owner of telecommunication operator Simba, said on May 22 it has terminated its sale and purchase agreement to buy shares in another telco M1.
Tuas Limited, the Australian-listed owner of telecommunication operator Simba, said on May 22 it has terminated its sale and purchase agreement to buy shares in another telco M1.

Market Insights

GIC-backed co-working firm sells new shares to the public; Mary Chia goes to court to settle debt

JustCo co-founder and CEO Kong Wan Sing at JustCo Labrador Tower on Jan 15, 2026.
JustCo co-founder and CEO Kong Wan Sing at JustCo Labrador Tower on Jan 15, 2026.

Market Insights

Calls grow for AGMs to be more than just an annual buffet; banks target wealth management growth

More companies uploaded the minutes of their annual general meetings (AGMs) held in April to SGXNet this week.
More companies uploaded the minutes of their annual general meetings (AGMs) held in April to SGXNet this week.

Market Insights

Bank stocks gain as DBS results lift sentiment; property counters lag

In the shortened trading week, with markets closed on Friday for a public holiday, the Straits Times Index fell 0.2 per cent to 4,912.69.
In the shortened trading week, with markets closed on Friday for a public holiday, the Straits Times Index fell 0.2 per cent to 4,912.69.

Market Insights

Mall mania: Paragon, i12 Katong change hands; White Sands up for grabs

Cuscaden Peak said CICT's $3.9 billion offer for Paragon was unsolicited, but it nevertheless accepted the proposal after weighing it against its plan to upgrade the mall.
Cuscaden Peak said CICT's $3.9 billion offer for Paragon was unsolicited, but it nevertheless accepted the proposal after weighing it against its plan to upgrade the mall.

Market Insights

S’pore stocks dip on US-Iran ceasefire uncertainty; Singdollar gains against yen and rupiah

CMG20260326-LimMS02/林明顺/She Ying Project 3/“罐头”照片 Archival Pictures of SGX and MAS [SGX and MAS]
Caption: Generics of SGX Singapore Exchange logo and building taken after lunch hours on March 26, 2026.
CMG20260326-LimMS02/林明顺/She Ying Project 3/“罐头”照片 Archival Pictures of SGX and MAS [SGX and MAS]
Caption: Generics of SGX Singapore Exchange logo and building taken after lunch hours on March 26, 2026.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.