𝐌𝐚𝐫𝐤𝐞𝐫 𝐔𝐩𝐝𝐚𝐭𝐞 *25/8/25*

STI: 4253 (+22) | HSI: 25339 (+234) | Dow: 45631 (+846) | S&P: 6467 (+96) | Nasdaq: 21496 (+396)

*Powell Pops the Cork: Wall Street Celebrates Rate-Cut Hints*

I guess this is the words that we have all been waiting for from Fed Chair Powell. Wall Street ended last week with fireworks, with the Dow hitting a fresh record as Jerome Powell all but gift-wrapped a *September rate cut*. At Jackson Hole, Powell admitted the economy is wobbling enough that the Fed may need to ease, which sent bond yields sliding and (some) tech stocks partying. Markets are now betting not just on one, but possibly two cuts before year end.

Meanwhile, Canada dialed down its trade tantrum, dropping most of its retaliatory tariffs just in time for the USMCA review, though it’s keeping the heat on steel, aluminum, and autos.

On the corporate side, UBS upped its S&P 500 targets after a surprisingly strong earnings season. Profits grew faster than expected, the “Magnificent 7” blew past forecasts, and even the average company outperformed. Intel also got a boost after Trump teased the government taking nearly a 10% stake.

*What’s brewing this week!*

This week’s calendar is packed, and it’s a mix of macro signals, Fed chatter, and key Asian data that could keep traders on their toes. Kickstarting Monday is the *Singapore’s CPI numbers*. These will hint at inflation trends and potential central bank move. US housing data rolls in later Monday with building permits and new home sales, keeping an eye on the property market’s pulse.

Tuesday continues the global data flow with *Singapore industrial production*, while Hong Kong trade numbers give us a peek into export-import dynamics. The US serves up *durable goods* and *consumer confidence* in the night

Midweek sees US crude inventories and Atlanta Fed GDPNow updates, important for both markets and macro watchers. Also look out for *Nvidia earnings*.

Thursday is a heavyweight day: *US Q2 GDP, Core PCE* and *real consumer spending hit*, alongside *ECB’s meeting minutes*

Friday wraps the week with *Japan’s CPI, industrial production, retail sales, and housing starts*, plus a full slate of *US personal spending, PCE, trade balance, and consumer sentiment updates*. Basically, a goldmine or landmine for anyone tracking economic momentum and Fed policy clues.

Looks like going to be a good start to the week for SG market as Powell’s rate cut hint prop up the sentiment.

===

*Happening Today*

SG XD:

— Global Inv SGD 0.004

— KSH SGD 0.0075

— PropNex SGD 0.050

— ValueMax SGD 0.012

— HRnetGroup SGD 0.020

SG:
— Core CPI (YoY) (Jul)

US:

— Building Permits (MoM) (Jul) / New Home Sales

===

*US Stocks news*.

— *Meta Platforms* signed a $10 billion deal with *Alphabet’s* Google, which will see the Facebook owner use Google Cloud’s servers, storage, and other services over the next six years.

— *NVIDIA* fell following a report that the chip designer has asked some component suppliers to halt production of its China-specific H20 artificial intelligence chip, amid increased scrutiny towards the chip from Beijing.

— *Workday* fell after the human-resources software company left its subscription revenue guidance unchanged, apart from a small boost from the Paradox acquisition.

— *BJs Wholesale Club* rose after the wholesale club operator raised its full-year earnings guidance as it reached a milestone of 8 million members.

— *Intuit* fell after the software company forecast first-quarter revenue growth below expectations, hit by sluggish performance at its marketing platform Mailchimp.

— *Zoom Video Communications* rose after the communications company presented strong second-quarter results and boosted its full-year revenue forecast, showing continued expansion of its enterprise business.

— *Intel* rose more than 5%, adding to gains this week, after President Donald Trump confirmed that the U.S. is taking a nearly 10% stake in the chipmaker.

===

*SG Stocks news*

— *Venture Corp* sees Ameriprise Financial raising its stake to above 7%

— *KSH Holdings* has secured a new construction project, raising the Group’s Singapore order book to about S$315M with contributions expected until FY2027.

— *Lum Chang* forms JV with Taiwan's L&K Engineering

— *Lion Asiapac Limited* expects to report a loss for Q4 and FY2025 due to weaker trading orders, with full unaudited results to be released soon.

— *Creative* remains in the red for FY2025; guides for better FY2026

https://www.theedgesingapore.com/digitaledge/results/creative-remains-red-fy2025-guides-better-fy2026

— *GRC Limited’s* has secured a AUD36.6M contract from HousingFirst Ltd to design and construct a 68-apartment social housing development in Balaclava, Victoria, with works starting in August 2025 and spanning 16 months.

— *AMTD Group* is adding crypto (mainly Bitcoin, Ethereum and Tether) into their USD240M war chest, with TGE set to spearhead moves into crypto-focused opportunities and tokenised assets.

— *Ever Glory* request for trading halt.

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 𝟐𝟐/𝟖/𝟐𝟓)

𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐅𝐥𝐢𝐫𝐭 𝐰𝐢𝐭𝐡 𝟒𝟐𝟎𝟎, 𝐁𝐮𝐭 𝐖𝐡𝐨’𝐬 𝐓𝐚𝐤𝐢𝐧𝐠 𝐖𝐡𝐨 𝐇𝐨𝐦𝐞?

It was a rather flattish week overall, yet not without nerve-wracking moments, as the 𝐒𝐓𝐈 $STI(STI.SI) danced around the psychological 4200 mark. The week began on shaky ground with a sharp drop from 4230 to 4187 on Monday, before clawing back gradually to touch a high of 4252 by Friday afternoon (1.30pm).

𝐢𝐅𝐀𝐒𝐓 𝐓𝐮𝐫𝐧𝐬 𝐢𝐒𝐥𝐨𝐰: 𝐁𝐥𝐨𝐜𝐤 𝐓𝐫𝐚𝐝𝐞, 𝐒𝐡𝐨𝐜𝐤 𝐖𝐚𝐯𝐞

𝐢𝐅𝐀𝐒𝐓 (𝐀𝐈𝐘) $IFAST(AIY.SI) stole the spotlight - for the wrong reasons though. After peaking at a 3-year high of $9.83 last week, it gapped down brutally to $8.24 before finding some relief at $8.55 on Friday noon (12pm), a sobering 12.5% weekly decline. The trigger was Temasek-linked shareholder CP Invest Ltd unloading about S$133.3M worth of shares in a block trade, according to Bloomberg. When a heavyweight exits the room, the music often stutters and iFAST investors must have felt that beat drop hard.

𝐄𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐢𝐧𝐠 𝐚 𝐒𝐥𝐢𝐝𝐞

Interestingly, iFAST wasn’t alone. This marks the fourth retail-favourite mid-to-large cap in recent weeks to face such a market shock. Recall the plunges in SIA, Sembcorp and ST Engineering. While SIA and Sembcorp have since steadied, 𝐒𝐓 𝐄𝐧𝐠𝐠 (𝐒𝟔𝟑) $ST Engineering(S63.SI) continued its downward spiral, slipping from $8.36 to $7.74 before a modest rebound to $7.88 by Friday noon. Even with a 4-cent XD this week, it was far from a stellar showing for what is usually one of the bluest of blue chips.

𝐏𝐫𝐨𝐟𝐢𝐭 𝐏𝐚𝐫𝐚𝐜𝐡𝐮𝐭𝐞 𝐒𝐚𝐯𝐞𝐬 𝐒𝐀𝐓𝐒

𝐒𝐀𝐓𝐒 (𝐒𝟓𝟖) $SATS(S58.SI) was one of the last big names to release earnings, and its solid numbers saved it from a lacklustre week. 1Q25 net profit climbed 9.1% on the back of a 9.9% revenue rise. The stock, which had been sliding from $3.28 to $3.18 pre-results, bounced to a high of $3.36 before settling at $3.24 as of 12pm on Friday. A timely reminder that sometimes earnings are the parachute when sentiment threatens a free fall.

𝐓𝐡𝐞 𝐑𝐞𝐭𝐮𝐫𝐧 𝐨𝐟 𝐚 𝐂𝐞𝐧𝐭𝐮𝐫𝐲-𝐎𝐥𝐝 𝐒𝐮𝐫𝐯𝐢𝐯𝐨𝐫

𝐆𝐫𝐞𝐚𝐭 𝐄𝐚𝐬𝐭𝐞𝐫𝐧 (𝐆𝟎𝟕) $Great Eastern(G07.SI) made a headline return after its much-publicised delisting saga. With the 1-for-1 bonus issue in place and less than 75% of minority shareholders backing delisting at its 8 July EGM, trading resumed on Thursday. The stock opened at $13.50, surged to $14.30, then eased to $13.73 by Friday noon. A lively comeback for the century-old insurer.

𝐏𝐚𝐥𝐦 𝐏𝐨𝐰𝐞𝐫: 𝐁𝐮𝐦𝐢𝐭𝐚𝐦𝐚 𝐨𝐧 𝐅𝐢𝐫𝐞

Among small caps, 𝐁𝐮𝐦𝐢𝐭𝐚𝐦𝐚 𝐀𝐠𝐫𝐢 (𝐏𝟖𝐙) $Bumitama Agri(P8Z.SI) once again proved it is no wallflower. The counter climbed to a 10-year high of $1.05 as of Friday afternoon, fresh off going XD with a 3.63-cent dividend. Its chart looks like a breakout-in-progress, riding momentum from last week’s strong earnings where net profit soared 48% on a 28% revenue jump. For a palm oil play, this one’s been on fire.

Cheers!

Dan

Disclaimers: tinyurl.com/dan-disclaimer

#weeklywrap #tradeSGX #danccs

===

If you think Dan can value add to your investment journey, click here: tinyurl.com/TTP-dan

After weeks of turbulence, $SIA(C6L.SI) may be preparing for its next big move.

With prices holding firm at a key support zone and momentum quietly building, could we be looking at the start of a new rally? 📈

👉 I’ve shared my full analysis here (Including the exact levels to watch and how traders can position themselves with structured warrants $SIA MB eCW251003(XFHW.SI) $SIA MB ePW251015(OOYW.SI)) >> https://joeychoy.beehiiv.com/p/is-sia-read...

$Singtel(Z74.SI) continues to ride on bullish momentum with 2 consecutive 1GT Bullish Signals still in play.

Prices have pushed above 4.10 together with 20d MA gently sloping back up, now establishing it as a support base.

If the momentum continues, the upside target is drawn toward 4.30. Could we see another leg higher before the month ends? 💪

$Hong Leong Asia(H22.SI) 2.00 resistance psychological resistance broken turning into a psychological support

With 3 1GT Bullish Signals still present, and moving averages still pointing up, the uptrend remains intact as momentum continues to be present with prices pushing even higher.

As long as the buying interest can continue, the next target is placed around 2.40. Could we see it being tested soon?💪

@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

Struggling with investing? You’re not alone!

Many people find themselves stuck buying high, selling low, or not investing at all due to fear or past losses. If this sounds familiar, this session is for YOU.

Led by a seasoned expert with over 30 years of experience advising top institutional investors, this session offers practical tools to help you take control of your financial future.

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https://youtu.be/pTQ7GqQnwzY
$NIO Inc. USD OV(NIO.SI) $REIT(REIT.SI)

$BRC Asia(BEC.SI)
Opened a new position in BRC ASIA: The stock is in a “right-side trading” setup, breaking through recent resistance with potential for further upside.
(Personal opinion only, not investment advice.)

建仓 BRC ASIA：处于“右侧交易”，突破近期阻力位，有望继续上行。
（个人观点，仅供参考，不构成投资建议）
$BRC Asia(BEC.SI)
@WilliamLiuInvestment

🚨 BREAKOUT ALERT! 🚨

FTSE ST Real Estate Investment Trusts Index just broke out from a classic pennant pattern! Momentum is strong and the move above resistance looks convincing, with volume to back it up. Bulls are in control—let’s see if we get follow-through! 📈

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

Stay sharp, REIT warriors!

🪙REITs Forum (26 Aug 2025,📍SGX Auditorium)
The REITs Investment Forum 2025 will explore Singapore and global REIT market outlooks, featuring expert insights on stability, income, and growth. Designed for investors and advisors, it covers domestic resilience and international opportunities. Scan to Register.

🪙 Sabana Industrial REIT (YTD: +13.98% | 5D: +1.23%)
Trustee issued an update on the internalisation process. Two Director Elects will join the New Internalised Manager’s board to facilitate its CMS licence application, with CEO and CFO roles expected to be confirmed. Fourth Supplemental Deed to the Trust Deed executed, formalising steps approved at the Aug 2024 EGM. $Sabana Reit(M1GU.SI)

🪙 Earnings Summary for Q2 2025
The Earnings Season for the period ending 30 June 2025 has concluded, with relatively mixed to poor results. Hospitality REITs (and some Diversified REITs) posted mainly decreasing YoY and HoH DPUs, while Industrial and Data Centres performed better. Retail/Office were a mixed bag.
For the Half-on-Half (HoH) DPU results, compared to the previous half-year (period ending 30 June 2024): 10 REITs (25.6%) were Up, 10 REITs (25.6%) were Sideways, and 17 REITs (43.6%) were Down.

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

#reitnews
#SGREITsweeklyupdate
#SGREITsPulse
#reitsavvy
#reit

Technical Analysis: United Hampshire US REIT
The chart for $UtdHampshReitUSD(ODBU.SI) (denominated in USD) shows a multi-year symmetrical triangle formation spanning from early 2022 through August 2025. This pattern is characterized by converging trendlines: a descending upper resistance line and an ascending lower support line, both evident from the major high and low points on the chart.

‌

Key Observations

• Symmetrical Triangle: This classic consolidation pattern typically precedes a strong move, but the direction—up or down—is confirmed only by a breakout.


• Breakout Signal: Recently, the price pierced above the upper trendline, suggesting a potential bullish breakout. This is apparent by the sharp green candlestick just past the triangle’s apex, labeled “Breakout?” on the chart. Such a move, especially on elevated volume (volume not fully visible here, but implied by the price spike), is a positive momentum indicator.


• Moving Averages: Multiple short- and long-term moving averages (MA) are displayed, and the price breakout coincides with the price crossing above these MAs. Notably, the 200-day MA (green line) has been flatlined for several months, indicating reduced directional bias, but a sustained move above could signal trend reversal.


• Prior Downtrend: The stock experienced a significant downtrend in 2022, followed by a flattening and sideways consolidation since late 2023. The triangle’s apex coincided with this area of support and resistance compression.


• Caution: While a breakout from a symmetrical triangle often signals the start of a new trend, false breakouts are common. It’s important to watch for sustained closes above the breakout level and confirmation through higher trading volumes. Should the price retreat back inside the triangle, the bullish thesis would be negated.

‌

Conclusion
A technical breakout is underway, suggesting the potential for further gains if sustained. However, confirmation is needed through continued price action and volume before establishing a long-term bullish bias. Downside risk remains if the breakout fails and the price slips back below the support line.