Gold doesn’t just glitter, it anchors, it steadies, it strengthens, and Singapore is putting real weight behind it.

The Monetary Authority of Singapore (MAS) recently unveiled plans to develop Singapore as a regional gold trading hub, with stronger infrastructure, custody, and market access. For me, this is a structural tailwind for products like the 𝐋𝐢𝐨𝐧𝐆𝐥𝐨𝐛𝐚𝐥 𝐏𝐡𝐲𝐬𝐢𝐜𝐚𝐥 𝐆𝐨𝐥𝐝 𝐄𝐓𝐅, which launched on SGX Group on the 26 March 2026. The timing is impeccable: the ETF now sits at the heart of Singapore’s growing gold ecosystem, positioned to benefit from this new momentum.

What makes this ETF stand out to me is simple but powerful: the gold is 𝐩𝐡𝐲𝐬𝐢𝐜𝐚𝐥𝐥𝐲 𝐬𝐭𝐨𝐫𝐞𝐝 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞. That’s not just a technical detail, it’s  𝐭𝐫𝐮𝐬𝐭, 𝐭𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲, 𝐚𝐧𝐝 𝐚𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭 𝐰𝐢𝐭𝐡 𝐌𝐀𝐒’𝐬 𝐯𝐢𝐬𝐢𝐨𝐧 to make Singapore a global gold centre. Investors aren’t just buying exposure; they are participating in a 𝐠𝐫𝐨𝐰𝐢𝐧𝐠, 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐞𝐝 𝐞𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 right here at home.

Yes, gold prices have softened recently. But as an investor, I see this as noise, not signal. Gold is a long-term building block, a stabiliser for your portfolio that can help cushion drawdowns during periods of uncertainty. In my opinion, a 10% allocation would work wonders alongside equities and bonds, giving your portfolio both resilience and balance.

From where I stand, this ETF isn’t just a product launch. It’s a signal of Singapore stepping up in the global gold market, and an opportunity for investors to get exposure in a transparent, regulated, and physically backed way.

𝐑𝐞𝐚𝐥 𝐠𝐨𝐥𝐝. 𝐋𝐨𝐜𝐚𝐥𝐥𝐲 𝐬𝐭𝐨𝐫𝐞𝐝. 𝐆𝐥𝐨𝐛𝐚𝐥𝐥𝐲 𝐭𝐫𝐮𝐬𝐭𝐞𝐝! This is a foundation you can build on, not just a momentary sparkle.

Source: 

CNA

https://www.channelnewsasia.com/singapore/...

Lion Global Investors

https://lgi.dzhintl.com/doc/uploads/docume...

𝐌𝐚𝐫𝐤𝐞t 𝐔𝐩𝐝𝐚𝐭𝐞 *30/3/26*

.

STI: 4898 (+10) | HSI: 24951 (+95) | Dow: 45166 (-793) | S&P: 6368 (-108) | Nasdaq: 20948 (-459)

.

*US Markets Overnight!*

.

*Week Wrap-Up: Markets Stumble, Crude Rumbles*
.

US equities wrapped up another rough one, extending a five week slide as oil prices took the driver’s seat and floored it. The Nasdaq dropped about 2.2%, the S&P 500 and Dow slipped around 1.7%, and the Dow even tumbled into correction territory after losing nearly 800 points. Amazon was the day’s heavyweight drag with a 4% slide.

.

Geopolitics kept everyone on edge. A temporary pause in US strikes on Iranian energy sites sounded like a cool down, but reports that the Pentagon may send up to ten thousand more troops to the region kept the market tense. Meanwhile, crude did its own moonshot. WTI punched through US$100 a barrel and is up roughly 50% since the Iran conflict escalated in late February. As one strategist put it, energy is now steering the whole macro ship, not just riding along.

.

Rates and safe havens chimed in too. The ten year yield nudged up to about 4.44%, *gold* bounced more than 3% after giving back most of its year to date gains, and the dollar strengthened. Bitcoin drifted under 66,000 dollars after an early pop.

.

Tech did not get a break either. All the Mag Seven names finished in the red. *Alphabet* and *Meta* sank again after that social media addiction case went against them. *Nvidia* slid too. The lone bright spot in tech land was Unity, which soared nearly 14 percent thanks to upbeat preliminary numbers and plans to ditch some non-core ad units.

.

Overall, it was one of those sessions where energy markets set the tone and everything else had to dance to the beat.

.

*What’s Brewing This week!*

.

Next week is shaping up to be a busy one, and the spotlight is firmly on the *US data* and *policy signals*. Things kick off Monday with *Powell taking the mic* again, always a market moving moment, especially with investors still debating how patient the Fed really plans to be. Tuesday brings a wave of global inflation reads, with *Eurozone CPI* expected to firm and *China’s PMIs* inching back toward expansion, a modest sign of life for global demand. *Japan’s industrial production* looks soft, so markets may shrug that off. In the US, *consumer confidence* and *JOLTS* will help flesh out whether the labour market is cooling in a controlled way or losing a bit too much steam.

.

Midweek, the focus tightens on US growth momentum. The *ADP* print is set to be mild, although the bigger tell will be retail sales after last month’s dip. *Manufacturing indicators*, both S&P Global and ISM, are still holding in expansion territory, and ISM prices remain elevated, a reminder that disinflation is not a straight line. Oil inventories and API data may keep energy traders on their toes as well.

.

Thursday is lighter, with the *ECB’s bulletin* offering colour on the European rate path and the US jobless claims and trade balance filling in the macro backdrop.

.

The main event lands Friday, even though the US market is closed. *Nonfarm payrolls* will hit during the holiday lull, which usually makes for some choppy futures action. Consensus is looking for a rebound from last month’s contraction and stable unemployment, while wage growth should cool slightly. In short, the data heavy week could tell us a lot about whether the soft landing narrative is holding together or starting to wobble.

.

===

*Happening Today*

JP:

— BoJ Summary of Opinions

EU:

— Consumer Inflation Expectation (Mar)

US:

— Dallas Fed Mfg Business Index (Mar)

.

===

*SG Stock news*

— *Mapletree Logistics Trust* announces that the acquisition of the logistics asset located in Bhiwandi, Mumbai, Maharashtra, India has been completed on 27 March 2026. Following this acquisition, MLT’s portfolio stands at 175 properties, comprising 44 properties in Singapore, 13 in Australia, 42 in China, 9 in Hong Kong SAR, 4 in India, 22 in Japan, 9 in Malaysia, 20 in South Korea and 12 in Vietnam. The total value of AUM is S$13.0B

— *The Assembly Place* posted strong maiden results with revenue up 42.4% to S$27 million and adjusted NPAT up 24.2% to S$7.7 million, supported by rapid key count growth and high occupancy.

https://links.sgx.com/1.0.0/corporate-announcements/RX6205V59DRMQX7W/880895_TAP%20-%20Interim%20FS%20FY2025%20-%20Presentation.pdf

— *NTT Data* CEO Abhijit Dubey says rising energy prices so far have had little impact on their data center businesses due to the long-term contracts and their ability to pass on costs to customers.

— *CSOP LOW CARBON US$* to be renamed as *CSOP APAC SELECT US$*

— *Reclaims Global* completed the acquisition of 100% of Lasidon Holdings Pte Ltd, including a $3.46 million shareholder loan, for an adjusted purchase consideration of S$35.12 million.

— *SDAI Limited* reported no material developments in the compulsory liquidation of KHL Marketing Asia-Pacific Pte Ltd since its last update, with its shares remaining suspended on SGX-ST.

.

===

*Earning calendar:*

24 Apr: FCT^

28 Apr: MPACT^, MIT

30 Apr: CDLHT^

14 May: KIT^

.

Sources:

www.sgx.com

www.investing.com

www.theedgesingapore.com

.

Start your investment journey here:

https://tinyurl.com/gotopoems

.

Cheers!

Dan

Disclaimer: https://tinyurl.com/dan-disclaimer

.

#dailyupdate #tradeSGX #POEMS #danccs

Energy is leading the move, while financials and EV names are starting to stabilise.

If you’re tracking 𝑯𝒐𝒏𝒈 𝑲𝒐𝒏𝒈 𝒆𝒙𝒑𝒐𝒔𝒖𝒓𝒆 𝒗𝒊𝒂 𝑺𝑮𝑿 𝑺𝑫𝑹𝒔 , this one’s worth a look.

👉 Read here:
https://joeychoy.beehiiv.com/p/from-volati...

$PanUnited(P52.SI) break above and surges past the 1.50 level, potentially forming a new support as prices now test the 1.70 resistance. 

All 20d, 100d, and 200d moving averages are pointing up, keeping the broader uptrend intact. 2 consecutive 1GT Bullish signal remains in play, with no 1GT Bearish signal yet. 

If the price can break and close firmly above 1.70, there could be more upside towards the 1.90-2.00. Could a clean push through 1.70 spark the next move higher?

$Frencken(E28.SI) has rebounded and is now consolidating just below the 2.20 resistance after holding above the 1.90 support zone. 

All 20d, 100d and 200d moving averages continue to slope up, keeping the broader uptrend intact. 3 consecutive 1GT Bullish signals remain in play, with no 1GT Bearish signal yet.

If price can break and close firmly above 2.20, the next upside target sits near 2.40. Could a clean push through 2.20 spark the next leg higher toward 2.40?

@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.

Don’t miss out, your journey to financial independence starts here!

Sign up here: http://bit.ly/404jOHm

https://www.youtube.com/watch?v=_vP8usGnUXI
$DBS(D05.SI) $UOB(U11.SI) $SGX(S68.SI) $Singtel(Z74.SI)

https://youtu.be/8QoppDQMxyQ?si=kyqI3jkaaS...
$DBS(D05.SI) $UOB(U11.SI) $OCBC Bank(O39.SI) $SGX(S68.SI) $Singtel(Z74.SI)

https://www.youtube.com/live/ZvRMJ8Q4jzw?s...
$DBS(D05.SI) $SGX(S68.SI) $Singtel(Z74.SI)

Based on the technical chart for $CapLand Ascendas REIT(A17U.SI) as of late March 2026, the stock is currently testing a significant multi-year psychological and structural floor.

Key Support and Resistance Levels

• Primary Support ($2.50): This is the most critical level on the chart. As indicated by the highlighted circles, the price has rebounded from this level at least six times since late 2022. It represents a "strong buy" zone where historical demand consistently outweighs supply.


• Immediate Resistance ($2.657 - $2.705): The previous support level at $2.657 has now flipped into a minor resistance. Furthermore, the 50-day and 200-day Moving Averages (blue and green lines) are converging around $2.70 - $2.76, acting as a technical ceiling for any short-term recovery.


• Major Resistance ($3.00): This remains the long-term target and psychological barrier. The price has struggled to sustain any momentum above $3.00 for the past three years.

Technical Indicators & Trend

• Moving Averages: The price is currently trading below the 20-day (pink), 50-day (blue), and 200-day (green) moving averages. This alignment typically indicates a bearish short-to-medium term trend.


• Moving Average Convergence: The 20-day MA is sloping sharply downward, suggesting strong immediate selling pressure. However, the proximity to the $2.50 support often precedes a mean-reversion bounce toward the 50-day MA.


• Price Action: The most recent candle shows a long lower "wick" touching the $2.50 support, followed by a slight recovery. This suggests that buyers are still defending this territory aggressively.

Strategic Outlook

• The Bull Case (Accumulation)
  If the $2.50 support holds firmly, this presents a high-probability entry point for a swing trade back toward $2.65 or $2.70. For long-term income investors, entries at this level historically offer a favorable yield-on-cost.


• The Bear Case (Breakdown)
  A decisive weekly close below $2.50 on high volume would be a major warning sign. This would break a three-year floor and likely lead to a test of the next support level at $2.409.

Kenny Loh is a distinguished MAS Private Wealth Advisor (RNF: LKK300389588) representing Financial Alliance with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.
👉 https://www.kennyloh.net/

‌

📈 Technically, Singapore REITs sector (FTSE ST REIT Index) is bearish heading towards the the 2 years low of 622 support level.
‌
🔥 Total Market Cap = S$94.2B (⬇️ from S$101.1B)
🎯 Average Price/NAV = 0.78 (⬇️ from 0.86)
🎯 Average Distribution Yield = 5.94% (⬆️ from 5.41%)
🎯 Market Cap Weighted Avg Distribution Yield = 5.62% (⬆️ from 5.17%)
🎯 Average Gearing Ratio = 39.94% (⬇️ from 39.99% )
💹 Average Yield Spread (vs SG 10Y Gov Yield) = 3.84% (⬆️ from 3.42%)
‌
𝗕𝘂𝗹𝗹 / 𝗕𝗲𝗮𝗿 𝗖𝗮𝗹𝗹 𝗳𝗼𝗿 𝗦-𝗥𝗘𝗜𝗧 𝗦𝗲𝗰𝘁𝗼𝗿 (𝗜𝗻 𝗚𝗲𝗻𝗲𝗿𝗮𝗹):
🐮 Valuation (Sector is still mostly trading below NAV)
🐻 Technical Structure Improving (Short Term Trend Bearish)
🐮🐻 Interest Rate Environment Stabilising (SG 10Y @ ~2.12%; there is a risk of returning of inflation / rate hike due to high oil price cause the conflict in Middle East)
🐻 US 10Y Risk Free Rate ~4.4% (Still a headwind if yields re-accelerate)
‌
More detail can be found here:
https://reitsavvy.com/insights/singapore-r...
‌
#SingaporeREITs #MarketInsights #REITsavvy #REITInvesting
#PassiveIncome #FinancialFreedom #SmartInvesting
#DividendIncome #RetirementPlanning
‌
‌
‌
$FSTAS351020(FSTAS351020.IN)‌ ‌ $LION-PHILLIP S-REIT(CLR.SI)‌ ‌ $CSOP iEdge SREIT ETF US$(SRU.SI)‌ ‌ $CSOP iEdge SREIT ETF S$(SRT.SI)‌ ‌ $UOB AP GRN REIT S$(GRN.SI)‌ ‌ $UOB AP GRN REIT US$(GRE.SI)‌ ‌ $BHG Retail Reit(BMGU.SI)‌ ‌ $CapLand IntCom T(C38U.SI)‌ ‌ $CapLand China T(AU8U.SI)‌ ‌ $Fortune Reit HKD(F25U.SI)‌ ‌ $Frasers Cpt Tr(J69U.SI)‌ ‌ $Lippo Malls Tr(D5IU.SI)‌ ‌ $Mapletree PanAsia Com Tr(N2IU.SI)‌ ‌ $StarhillGbl Reit(P40U.SI)‌ ‌ $IREIT Global(UD1U.SI)‌ ‌$Keppel Reit(K71U.SI)‌ ‌ $ManulifeReit USD(BTOU.SI)‌ ‌ $OUEREIT(TS0U.SI)‌ ‌ $Suntec Reit(T82U.SI)‌ ‌ $AIMSAMP Cap Reit(O5RU.SI)‌ ‌ $CapitaLand Ascendas REIT(A17U.SI)‌ ‌ $EC World Reit(BWCU.SI)‌ ‌ $ESR-REIT(J91U.SI)‌ ‌ $Frasers L&C Tr(BUOU.SI)‌ ‌ $Frasers L&I Tr AUD(BWQU.SI)‌ ‌ $Keppel DC Reit(AJBU.SI)‌ ‌ $Mapletree Ind Tr(ME8U.SI)‌ ‌ $Mapletree Log Tr(M44U.SI)‌ ‌ $Sabana Reit(M1GU.SI)‌ ‌ $Far East HTrust(Q5T.SI)‌ ‌ $CDL HTrust(J85.SI)‌ ‌ $CapLand Ascott T(HMN.SI)‌ ‌ $Frasers HTrust(ACV.SI)‌ ‌ $First Reit(AW9U.SI)‌ ‌ $ParkwayLife Reit(C2PU.SI)‌ ‌ $Dasin Retail Tr(CEDU.SI)‌ ‌ $NikkoAM-STC Asia REIT(CFA.SI)‌ ‌ $Sasseur Reit(CRPU.SI)‌ ‌ $Nikko AM STI ETF(G3B.SI)‌ ‌ $STI ETF(ES3.SI)‌ ‌$CapLand India T(CY6U.SI)‌ ‌ ‌$Acro HTrust USD(XZL.SI)‌ ‌ $Keppel Reit(K71U.SI)‌ ‌ $Prime US ReitUSD(OXMU.SI)‌ ‌ $Lendlease Reit(JYEU.SI)‌ ‌ $NikkoAM-STC Asia REIT(CFA.SI)‌ ‌ $ELITE UK REIT(MXNU.SI)‌ ‌ $UtdHampshReitUSD(ODBU.SI)‌ ‌ $STONEWEG EUROPEAN REIT(CWBU.SI)‌ $Cromwell Reit SGD(CWCU.SI)‌ ‌ $CapitaLandInvest(9CI.SI)‌ ‌ $Daiwa Hse Log Tr(DHLU.SI)‌ ‌ $DigiCore Reit USD(DCRU.SI)‌ ‌ $PARAGON REIT(SK6U.SI) $Stoneweg EUTrust EUR(SET.SI) $Stoneweg EUTrust SGD(SEB.SI) $ESR REIT(9A4U.SI) $Cent Accom REIT(8C8U.SI) $NTT DC REIT USD(NTDU.SI)

Are investors focusing too much on headline DPU when evaluating Singapore REITs? Michelle Martin examines why the familiar distribution-per-unit number may not tell the full story.

In this episode of Money and Me, we explore whether investors should shift their focus from the quantity of distributions to the quality and sustainability behind them.
‌
REIT specialist and Wealth Advisory Director Kenny Loh introduces a new framework - the Management Efficiency Index (MEI) - meant to help investors evaluate how effectively REIT managers generate and protect long-term income.

The conversation also unpacks the risks behind 100% payout strategies, accounting optic moves, and the impact of management fees paid in units.
‌
With AGM season approaching, Kenny shares the key questions retail investors should ask management teams to better understand the resilience of distributions.

Any investor heading to a REIT AGM would benefit from knowing the right questions to ask to dive beyond the numbers to get at management "sweat equity".
‌
You can listen to the podcast over here. https://reitsavvy.com/insights/money-and-m...
‌
‌
Kenny Loh is a distinguished MAS Private Wealth Advisor (RNF: LKK300389588) representing Financial Alliance with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.
👉 https://www.kennyloh.net/

$FSTAS351020(FSTAS351020.IN)‌ ‌ $LION-PHILLIP S-REIT(CLR.SI)‌ ‌ $CSOP iEdge SREIT ETF US$(SRU.SI)‌ ‌ $CSOP iEdge SREIT ETF S$(SRT.SI)‌ ‌ $UOB AP GRN REIT S$(GRN.SI)‌ ‌ $UOB AP GRN REIT US$(GRE.SI)‌ ‌ $BHG Retail Reit(BMGU.SI)‌ ‌ $CapLand IntCom T(C38U.SI)‌ ‌ $CapLand China T(AU8U.SI)‌ ‌ $Fortune Reit HKD(F25U.SI)‌ ‌ $Frasers Cpt Tr(J69U.SI)‌ ‌ $Lippo Malls Tr(D5IU.SI)‌ ‌ $Mapletree PanAsia Com Tr(N2IU.SI)‌ ‌ $StarhillGbl Reit(P40U.SI)‌ ‌ $IREIT Global(UD1U.SI)‌ ‌$Keppel Reit(K71U.SI)‌ ‌ $ManulifeReit USD(BTOU.SI)‌ ‌ $OUEREIT(TS0U.SI)‌ ‌ $Suntec Reit(T82U.SI)‌ ‌ $AIMSAMP Cap Reit(O5RU.SI)‌ ‌ $CapitaLand Ascendas REIT(A17U.SI)‌ ‌ $EC World Reit(BWCU.SI)‌ ‌ $ESR-REIT(J91U.SI)‌ ‌ $Frasers L&C Tr(BUOU.SI)‌ ‌ $Frasers L&I Tr AUD(BWQU.SI)‌ ‌ $Keppel DC Reit(AJBU.SI)‌ ‌ $Mapletree Ind Tr(ME8U.SI)‌ ‌ $Mapletree Log Tr(M44U.SI)‌ ‌ $Sabana Reit(M1GU.SI)‌ ‌ $Far East HTrust(Q5T.SI)‌ ‌ $CDL HTrust(J85.SI)‌ ‌ $CapLand Ascott T(HMN.SI)‌ ‌ $Frasers HTrust(ACV.SI)‌ ‌ $First Reit(AW9U.SI)‌ ‌ $ParkwayLife Reit(C2PU.SI)‌ ‌ $Dasin Retail Tr(CEDU.SI)‌ ‌ $NikkoAM-STC Asia REIT(CFA.SI)‌ ‌ $Sasseur Reit(CRPU.SI)‌ ‌ $Nikko AM STI ETF(G3B.SI)‌ ‌ $STI ETF(ES3.SI)‌ ‌$CapLand India T(CY6U.SI)‌ ‌ ‌$Acro HTrust USD(XZL.SI)‌ ‌ $Keppel Reit(K71U.SI)‌ ‌ $Prime US ReitUSD(OXMU.SI)‌ ‌ $Lendlease Reit(JYEU.SI)‌ ‌ $NikkoAM-STC Asia REIT(CFA.SI)‌ ‌ $ELITE UK REIT(MXNU.SI)‌ ‌ $UtdHampshReitUSD(ODBU.SI)‌ ‌ $STONEWEG EUROPEAN REIT(CWBU.SI)‌ $Cromwell Reit SGD(CWCU.SI)‌ ‌ $CapitaLandInvest(9CI.SI)‌ ‌ $Daiwa Hse Log Tr(DHLU.SI)‌ ‌ $DigiCore Reit USD(DCRU.SI)‌ ‌ $PARAGON REIT(SK6U.SI) $Stoneweg EUTrust EUR(SET.SI) $Stoneweg EUTrust SGD(SEB.SI) $ESR REIT(9A4U.SI) $Cent Accom REIT(8C8U.SI) $NTT DC REIT USD(NTDU.SI) $UIBREIT(UIBU.SI)

$Sembcorp Ind(U96.SI) 

This time, I’m not talking about fundamentals — the analysts have already spoken with their target prices post-results.

Let the price action do the talking.

Back on 14 Feb, I shared my first call on Sembcorp at around S$6.25.

Since then:
• Many clients followed and entered
• Some held through the volatility
• Some even averaged down

That’s the reality of trading. Not every move goes straight up.

After the results, price pulled back and eventually bottomed around S$5.60, followed by about 2 weeks of consolidation.

And now… it’s been in an uptrend for the past 9 days.

🎯 Analyst Target Prices (Post-Results)

• CGSI: S$7.68
• OCBC: S$7.48
• DBS: S$7.30

🔥 My Trade – Second Attempt

Second attempt — my General X momentum trend-following indicator triggered a BUY again on 23 Mar.

No hesitation.

• 23 Mar: Bought at S$6.24
• 24 Mar: Added at S$6.29

My technical targets remain unchanged:
🎯 S$6.65
🎯 S$7.11

📌For those who are already holding, let the profits run.
For those who have not entered or are looking to add, be patient. Wait for a pullback towards the white line (20-day moving average) and consider buying on a rebound.
Cut loss if the price closes below the 20 EMA for 2 consecutive days.

My previous post: https://www.investsg.asia/posts/2875774

For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer

📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).

👉 To join, simply message ‘Weekly Ideas - InvestSG’ on WhatsApp: https://wa.me/6590908871

BYD is no longer just a China EV story. It is gradually transforming into a global player, supported by overseas expansion and technology leadership.

🔄 A Structural Shift Is Happening

Despite fierce competition in China, BYD is finding a way out. The company’s overseas sales have overtaken domestic sales for the first time in Feb 2026. This is not a one-off event but a sign that growth is shifting beyond China.

• Overseas sales: 100,151 units (+41.4% YoY)


• Total sales: 190,190 units


• Domestic demand remains weak due to subsidy cuts and seasonality

👉Overseas markets are starting to drive growth.

🌍 Overseas Expansion Is Gaining Momentum

BYD’s global expansion is already happening at scale. The company targets around 1.3 million overseas sales in 2026, up from about 1.04 million in 2025, with presence in more than 110 countries. Europe, Latin America and Southeast Asia are key growth regions.

🏭 Localisation Strategy Strengthens Its Edge

To support this, BYD is localising production in Hungary, Brazil and Turkey. This helps reduce tariffs, improve margins and strengthen its long-term position in global markets.

⚡ Technology Remains a Key Differentiator

BYD’s premium brand Denza will bring its flash charging technology to Europe together with the Z9 GT. With charging power up to 1,500kW, the system can deliver:

• 10–70% charge in ~5 minutes


• 10–97% in ~9 minutes

This significantly improves convenience and brings EV charging closer to traditional refueling.

📊 My Technical View

BYD peaked at HKD 159.30(adjusted for 6-for-1 split, SDR: S$5.22) in May 2025 and has been declining since.

Over the past four months, price consolidated between HKD 92.10 – 103 (SDR: S$1.51 – 1.69). Last week, it broke above the range and closed at HKD 103.8, signalling a potential reversal.

Importantly, the stock has been supported by the multi-year 200-week EMA, indicating strong long-term support.

My General X indicator has triggered a weekly buy signal.

👉Near-term target: HKD 124 (SDR equivalent: S$2.03)
→ Potential upside around 20%

If momentum continues, it could retest HKD 159.30 (SDR equivalent: S$5.22).

🌟My Trade Plan

I will initiate my entry near S$1.69 on next Monday for $BYD HK SDR 10to1(HYDD.SI) 

💡 Why I Trade BYD via SDR (SGX: HYDD)

• Trade in SGD, no FX hassle

• Lower capital required (10:1 structure)

• Brokerage relatively lower

• Easier access via SGX platform

For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer

📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).

👉 To join, simply message ‘Weekly Ideas - InvestSG’ on WhatsApp: https://wa.me/6590908871

Golden-Agri Resources (SGX: E5H) in Focus

Tensions in the Middle East have escalated over the past two weeks, pushing Brent crude above US$100 per barrel and lifting the broader energy complex. Higher energy prices are also supporting related commodities such as coal and crude palm oil, with CPO futures rising about 13% since the conflict began.

On SGX, plantation counters have reacted quickly. Wilmar International, First Resources, and Bumitama Agri have all surged alongside the commodity rally. As the sector gains momentum, investors may begin looking for the next laggard that could catch up with the move. One name worth watching is $Golden Agri-Res(E5H.SI).

Following stronger second-half results, Golden Agri reported a robust FY2025 performance. Full-year revenue reached a record high of nearly US$13 billion, representing a 19% year-on-year increase, while EBITDA grew 14% to US$1.26 billion, supported by improved second-half performance.

🔹 My Technical View:

Golden Agri has been consolidating between 0.27 and 0.30 for the past six months, while holding above its 200-day moving average, indicating underlying support. Last Friday the stock closed at 0.30, near the top of the range, suggesting a possible breakout.

My General X Momentum Trend-Following Indicator triggered a Buy signal on Friday, indicating momentum may be building.

Potential upside targets: 0.33 > 0.355 > 0.45 (if the commodity rally continues)

🔹 My Trade Plan:

I will initiate a buy if the price breaks above 0.30, confirming a breakout. If momentum continues, I plan to ride the uptrend together with my other commodity plays, including Wilmar International and Geo Energy Resources.

For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer

📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).

👉 To join, simply message ‘Weekly Ideas - InvestSG’ on WhatsApp: https://wa.me/6590908871