Skip to main content

Posts

Showing posts with the label Singapre

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

STI Banks Drive 80% Surge in Singapore Share Buybacks to S$1.65B

  Key Takeaways S$1.65B in buybacks  executed YTD through Sep 11, up ~80% from 2024. STI banks (UOB, DBS, OCBC)  account for  S$1.28B , or ~77% of total buybacks. Volatility in April  drove S$425M in repurchases. New buybacks from  AEM, Kingsmen Creatives, Jason Marine  mark return after years. SINGAPORE, Sept 17 (SGX)  — Share buybacks by Singapore-listed firms surged in 2025, with  76 primary-listed companies repurchasing S$1.65 billion worth of shares  on the open market as of September 11. The figure represents a sharp rise from  S$916 million in the same period last year , underscoring heightened capital management activity amid market volatility. Banks Lead the Charge The surge was largely driven by Singapore’s three largest banks: UOB (U11) : S$561M @ S$35.39 avg price DBS (D05) : S$371M @ S$42.77 avg price OCBC (O39) : S$349M @ S$16.67 avg price Together, they accounted for  S$1.28B in buybacks , nearly triple their 202...