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π MARKET WATCH
π
11 June 2026
π MACRO NEWS
β’ Wall Street closed sharply lower as technology stocks extended losses while investors weighed escalating tensions in the Middle East and awaited key inflation data.
Reuters:
https://www.reuters.com/business/media-telecom/wall-st-futures-slip-tech-losses-mount-ahead-key-inflation-data-2026-06-10/
β’ Oil prices climbed amid renewed geopolitical concerns following fresh military actions involving the US and Iran, raising fears over global energy supply disruptions.
The Edge Singapore:
https://www.theedgesingapore.com/news/highlight/us-launches-fresh-wave-strikes-against-iran-straining-truce
β’ Economists surveyed by Reuters expect the Bank of Japan to continue normalising monetary policy, with further rate hikes anticipated through 2026.
Reuters:
https://www.reuters.com/world/asia-pacific/boj-set-raise-key-rate-10-june-125-by-year-end-2026-06-10/
πΌ FOREIGN NEWS
β’ SpaceXβs highly anticipated IPO is reshaping traditional listing practices and is expected to become one of the largest public offerings in recent years.
CNA:
https://www.channelnewsasia.com/business/five-ways-elon-musks-spacex-upended-wall-streets-ipo-playbook-6168991
β’ Global investors remain cautious as rising oil prices and geopolitical tensions drive a rotation away from high-growth technology stocks.
The Edge Singapore:
https://www.theedgesingapore.com/news/us-stocks/tech-stocks-sink-oil-jumps-us-iran-jitters
β’ Strong equity market gains continue to support consumer spending and economic resilience in the United States despite higher interest rates.
Reuters:
https://www.reuters.com/commentary/reuters-open-interest/stock-pay-boom-amplifies-us-economic-drumbeat-2026-06-10/
πΈπ¬ SG NEWS
β’ Singapore maintained its 2026 GDP growth forecast of 2%β4% following a stronger-than-expected first quarter, supported by AI-related demand and manufacturing growth.
CNA:
https://www.channelnewsasia.com/watch/singapore-keeps-2026-growth-forecast-2-4-economy-beats-expectations-in-q1-6140846
β’ AI adoption is helping healthcare professionals improve productivity, though many clinicians report a lack of formal training and implementation support.
CNA:
https://www.channelnewsasia.com/business/ai-saves-clinicians-time-most-lack-training-survey-finds-6170976
β’ Singaporeβs equity market continues to attract investor interest, with several companies added to the iEdge Singapore Next 50 Index during the latest quarterly review.
Yahoo Finance Singapore:
https://sg.finance.yahoo.com/news/aem-top-glove-uibreit-pc-044747096.html
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
π MARKET WATCH
π
10 June 2026
STI: 4,963.67 (-1.71%) | HSI: 24,657.06 (-1.22%) | Nikkei: 64,024.60 (-3.85%)
DOW: 50,786.01 (-0.16%) | S&P 500: 7,386.65 (-0.26%) | Nasdaq: 25,929.66 (+0.86%)
VIX: 18.92 (-12.04%) | Fear & Greed Index: 33/100 (Fear)
π MACRO NEWS
β’ Economists now expect the U.S. Federal Reserve to keep rates unchanged for the rest of 2026 as inflation remains elevated amid geopolitical tensions and resilient labour market conditions.
Reuters:
https://www.reuters.com/business/fed-hold-rates-this-year-cut-calls-fade-war-inflation-persists-economists-say-2026-06-09/
β’ The U.S. trade deficit narrowed in April as exports of petroleum products and capital goods surged to record highs, providing support for economic growth.
Reuters:
https://www.reuters.com/markets/us/us-trade-deficit-narrows-april-amid-surging-exports-2026-06-09/
β’ Global markets continue to monitor the impact of ongoing tariff disputes and trade policy uncertainty on growth and inflation expectations.
Reuters:
https://www.reuters.com/world/us/us-customs-agency-trade-judge-seek-path-final-tariff-refunds-2026-06-09/
πΌ FOREIGN NEWS
β’ U.S. trade officials are under pressure to accelerate tariff refund processes as businesses seek clarity amid ongoing trade disputes.
Reuters:
https://www.reuters.com/world/us/us-customs-agency-trade-judge-seek-path-final-tariff-refunds-2026-06-09/
β’ Switzerland continues tariff negotiations with the U.S. while rejecting allegations related to forced labour compliance.
Reuters:
https://www.reuters.com/business/switzerland-rejects-us-forced-labour-claims-tariff-talks-continue-2026-06-05/
β’ Investors remain focused on tariff developments and their implications for global supply chains, manufacturing and commodity markets.
Reuters:
https://www.reuters.com/world/china/us-proposes-additional-tariffs-imports-60-economies-over-forced-labor-2026-06-03/
πΈπ¬ SG NEWS
β’ Singapore and Indonesia have agreed to deepen cooperation in the digital and green economy sectors, supporting regional economic integration.
CNA:
https://www.channelnewsasia.com/
β’ Singapore will intensify public education efforts on responsible gambling ahead of the FIFA World Cup 2026.
CNA:
https://www.channelnewsasia.com/
β’ Employment growth in Singapore moderated in the first quarter, with authorities warning that hiring momentum could soften amid external uncertainties.
CNA:
https://www.channelnewsasia.com/singapore/employment-growth-ease-labour-market-q1-2026-advance-estimate-mom-6090861
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
π MARKET WATCH
π
9 June 2026
STI: 4,963.67 (-1.71%) | HSI: 24,657.06 (-1.22%) | Nikkei: 64,024.60 (-3.85%)
DOW: 50,786.01 (-0.16%) | S&P 500: 7,405.73 (+0.30%) | Nasdaq: 25,929.66 (+0.86%)
VIX: 18.92 (-12.04%) | Fear & Greed Index: 40/100 (Fear)
π MACRO NEWS
β’ Global technology stocks tumble as strong U.S. jobs data fuels expectations of further Federal Reserve tightening, triggering a sharp correction in AI-related shares β Reuters
https://www.reuters.com/business/global-markets-selloff-instant-view-2026-06-08/
β’ Oil prices remain elevated as geopolitical tensions between Israel and Iran continue to weigh on global energy markets and investor sentiment β Reuters
https://www.reuters.com/commentary/reuters-open-interest/global-markets-view-usa-2026-06-08/
β’ Asian markets slide sharply, led by technology and semiconductor stocks, as investors reassess lofty AI valuations amid rising interest rate concerns β Reuters
https://www.reuters.com/world/china/global-markets-view-europe-2026-06-08/
πΌ FOREIGN NEWS
β’ Indiaβs stock market falls to a two-month low as surging oil prices and a broader Asian selloff pressure investor confidence β Reuters
https://www.reuters.com/business/indian-shares-set-fall-oil-spike-asia-selloff-hurt-sentiment-2026-06-08/
β’ China cuts domestic gasoline and diesel prices for a second time since the Iran conflict began, providing some relief to consumers and businesses β Reuters
https://www.reuters.com/world/asia-pacific/china-cut-domestic-retail-gasoline-diesel-prices-june-5-2026-06-04/
β’ The Reserve Bank of India keeps rates unchanged while rolling out measures to support the rupee amid rising oil-related inflation risks β Reuters
https://www.reuters.com/world/asia-pacific/indian-central-bank-keeps-key-policy-rate-hold-despite-falling-currency-2026-06-05/
πΈπ¬ SG NEWS
β’ Singapore maintains its 2026 GDP growth forecast at 2%β4% after the economy outperformed expectations in the latest quarter β CNA
https://www.youtube.com/watch?v=4jEqOnjflpM
β’ Singapore continues monitoring the economic impact of ongoing Middle East tensions on trade, inflation and energy security β CNA
https://www.youtube.com/watch?v=LJdZil9JKQo
β’ Investors continue to watch developments surrounding major listings and capital market activity, including the highly anticipated SpaceX IPO, which has attracted strong demand β CNA
https://www.channelnewsasia.com/business/spacex-ipo-running-two-times-oversubscribed-sources-say-6165446
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
Best of Analyst Reports
SG Stocks
Seatrium - UOBKH BUY TP S$3.15
https://research.uobkayhian.com/content_download.jsp?id=91037&h=6e2936ddd76df7f7a8d33c83c852d12f&utm_medium=email&_hsenc=p2ANqtz-_4AYuMMHxCmoBIXbh_seDOElHDrzbdLKONbPOWhsO-iNVtIgrrj-Uyzfus23nU8kR5iuJYeYt9A9xwWX9pWGnj1JKzcw&_hsmi=421723725&utm_content=421723725&utm_source=hs_email
CSE Global - CGSI ADD TP S$2.00
https://rfs.cgsi.com/api/download?file=f5ffc597-c3ef-4bbf-9e8b-2cbc581e5003
Pan-United Corp - CGSI ADD TP S$1.85
https://rfs.cgsi.com/api/download?file=3f5a398e-8e36-4d74-8c7d-cb68c03c276b
We are an independent investor relations firm with a deep passion for the markets. Learn more about us: https://linktr.ee/gem_comm
π MARKET WATCH
π
5 June 2026
π MACRO NEWS
β’ Wall Street ends mixed as weakness in technology shares offsets gains elsewhere, while investors monitor geopolitical developments and interest rate expectations β Reuters
https://www.reuters.com/world/china/global-markets-global-markets-2026-06-04/
β’ Oil prices hold steady amid uncertainty over a potential U.S.-Iran agreement and ongoing Middle East tensions β Reuters
https://www.reuters.com/business/energy/oil-little-changed-uncertainty-over-us-iran-peace-deal-2026-06-05/
β’ The Japanese yen remains near the key 160-per-dollar level as markets watch for possible intervention by authorities β Reuters
https://www.reuters.com/world/asia-pacific/yen-hits-key-160-level-third-session-dollar-buoyed-by-gulf-woes-2026-06-05/
πΌ FOREIGN NEWS
β’ Japanβs foreign reserves fall by US$77 billion in May following large-scale currency market intervention β Reuters
https://www.reuters.com/world/asia-pacific/japan-may-foreign-reserves-fall-by-77-billion-after-large-interventions-2026-06-05/
β’ Japanβs real wages rise for a fourth consecutive month while consumer spending shows signs of stabilisation β Reuters
https://www.reuters.com/world/asia-pacific/japans-real-wages-extend-climb-april-bolster-boj-rate-hike-case-2026-06-04/
β’ China cuts domestic gasoline and diesel prices for the second time since the start of the Iran conflict amid softer crude prices β Reuters
https://www.reuters.com/world/asia-pacific/china-cut-domestic-retail-gasoline-diesel-prices-june-5-2026-06-04/
πΈπ¬ SG NEWS
β’ Singapore faces more than an 80% chance of experiencing an El NiΓ±o event in 2026, according to meteorological forecasts β CNA
https://www.channelnewsasia.com/singapore/cna-explains-what-el-nino-and-what-can-singapore-expect-if-it-returns-in-2026-6153786
β’ Mediacorp will broadcast 28 free-to-air FIFA World Cup 2026 matches for viewers in Singapore β The Straits Times
https://www.straitstimes.com/sport/football/mediacorp-unveils-28-free-to-air-2026-world-cup-matches
β’ i Light Singapore 2026 opens at Marina Bay, featuring 14 interactive light-art installations by Asian and international artists β Event coverage from Singapore
https://www.adobomagazine.com/events/i-light-singapore-2026-celebrates-asian-art-movement-and-connection/
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
π MARKET WATCH
π
4 June 2026
π MACRO NEWS
β’ Asian stocks slide as renewed U.S.-Iran hostilities trigger risk-off sentiment across global markets β Reuters
https://www.reuters.com/world/china/global-markets-global-markets-2026-06-04/
β’ Gold rises on a softer U.S. dollar as investors assess prospects for easing tensions between the U.S. and Iran β Reuters
https://www.reuters.com/business/gold-rises-softer-dollar-oil-markets-weigh-us-iran-peace-optimism-2026-06-04/
β’ Wall Street ends lower amid escalating Middle East tensions and weakness in technology stocks β Reuters
https://www.reuters.com/markets/
πΌ FOREIGN NEWS
β’ South Koreaβs ruling party wins most local election seats but faces a battle for Seoul β Reuters
https://www.reuters.com/world/asia-pacific/south-korea-ruling-party-sweeps-most-seats-local-elections-faces-losing-seoul-2026-06-03/
β’ Japanβs Nikkei tops 67,000 as AI-related stocks continue to power the market higher β CNA
https://www.channelnewsasia.com/business/japans-nikkei-tops-67000-ai-boost-softbank-becomes-most-valuable-japanese-firm-6153341
β’ Anthropic confidentially files for a U.S. IPO, intensifying competition in the AI sector β Reuters
https://www.reuters.com/business/ai-giant-anthropic-confidentially-files-us-ipo-2026-06-01/
πΈπ¬ SG NEWS
β’ Singapore could face an El NiΓ±o event in 2026, with an over 80% probability according to meteorological forecasts β CNA
https://www.channelnewsasia.com/singapore/cna-explains-what-el-nino-and-what-can-singapore-expect-if-it-returns-in-2026-6153786
β’ Singapore households to receive S$500 CDC vouchers in June, with cost-of-living support brought forward β The Business Times
https://www.businesstimes.com.sg/singapore/economy-policy/s500-cdc-vouchers-brought-forward-june-cost-living-special-payment-s200-ease-pressures
β’ Blackstone-backed Liftoff Mobile raises US$437 million in its U.S. IPO β The Edge Singapore / Reuters
https://www.theedgemarkets.com/node/805762
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
π MARKET WATCH
π
2 June 2026
STI: 5,037.86 (+0.98%) | HSI: 25,398.18 (+0.86%) | Nikkei: 66,934.33 (+0.91%)
DOW: 51,078.88 (+0.09%) | S&P 500: 7,599.96 (+0.26%) | Nasdaq: 27,086.81 (+0.42%)
VIX: 16.05 (+4.77%) | Fear & Greed Index: 59/100 (Greed)
π MACRO NEWS
β’ Asian stocks cautious as Middle East tensions offset AI-driven optimism β Reuters
https://www.reuters.com/world/china/global-markets-global-markets-2026-06-02/
β’ US manufacturing activity expands at fastest pace in four years β Reuters / Business Times
https://www.businesstimes.com.sg/
β’ Wall Street hovers near record highs as AI momentum continues β Reuters
https://www.livemint.com/market/wall-st-flutters-higher-amid-tech-gains-middle-east-developments-11780339379077.html
πΌ FOREIGN NEWS
β’ Goldman Sachs raises STOXX 600 target on resilient corporate earnings outlook β Reuters
https://www.reuters.com/business/finance/goldman-sachs-lifts-12-month-stoxx-600-target-resilient-earnings-2026-06-01/
β’ Oil jumps over 4% amid concerns over US-Iran negotiations and Middle East supply risks β Business Times
https://www.businesstimes.com.sg/
β’ Global stocks remain near record highs despite geopolitical tensions β Reuters
https://www.gmanetwork.com/news/money/economy/989824/oil-up-but-stocks-hold-near-record-highs-as-ai-optimism-trumps-iran-tensions/story/
πΈπ¬ SG NEWS
β’ DBS to open 18 new wealth centres across Asia by 2027 in largest expansion push β Reuters
https://www.reuters.com/business/finance/singapores-dbs-open-18-new-asian-wealth-centres-expand-advisory-push-2026-06-01/
β’ Mizuho plans additional Singapore hiring to support Asia growth strategy β The Business Times
https://www.businesstimes.com.sg/
β’ Asean defence ministers reaffirm commitment to free flow of trade through international corridors at Shangri-La Dialogue β The Business Times
https://www.businesstimes.com.sg/
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
Best of Analyst Reports
SG Stocks
Coliwoo Holdings - CGSI ADD TP S$0.74
https://rfs.cgsi.com/api/download?file=42109159-2611-42b1-b215-08b64c869be5
LHN Ltd - Maybank BUY TP S$0.70
https://mkefactsettd.maybank-ke.com/PDFS/536365.pdf
Marco Polo Marine - CGSI ADD TP S$0.21
https://rfs.cgsi.com/api/download?file=2284d1d7-04e1-4a70-a8c1-2007cf2f2009
SATS - CGSI ADD TP S$4.68
https://rfs.cgsi.com/api/download?file=45ecc160-949a-434e-9659-20658a9cb693
Addvalue Technologies - Maybank BUY TP S$0.34
https://mkefactsettd.maybank-ke.com/PDFS/536538.pdf
Valuetronics - UOBKH BUY TP S$1.88
https://research.uobkayhian.com/content_download.jsp?id=91008&h=33e8dc3b7581c60b4a0d05dc7d57ca6d&utm_medium=email&_hsenc=p2ANqtz-_bnTPmXZAm-zFMYSYSzdlsGs9yvsKXv0wF_oerI6yofRQs91h8BPi76JBFzmL1O3P93dKE4lF5eGuUGTTcsC8PJCAmUg&_hsmi=421206244&utm_content=421206244&utm_source=hs_email
We are an independent investor relations firm with a deep passion for the markets. Learn more about us: https://linktr.ee/gem_comm
Yoma Strategic will be giving a talk via Zoom to Lim & Tan Securities on 2 June 2026, Tuesday, 12pm-1pm
Company Profile:
Established in 2006, Yoma Strategic Holdings Ltd. is a diversified Myanmar-based group with businesses across Real Estate, Mobile Financial Services, Leasing, F&B, Heavy Equipment & Passenger Vehicles, and Investments in Myanmar.
Agenda:
1. Overview of Yoma Strategic
2. FY2026 Financial Performance
3. Outlook
4. Q&A
Speakers:
Mr Melvyn Pun, Chairman & Chief Executive Officer
Mr JR Ching, Chief Financial Officer
Join Zoom Meeting
https://us06web.zoom.us/j/84920449191?pwd=scl3fAtXpjdjpeYtjtOCmkWBRvbJS3.1
Meeting ID: 849 2044 9191
Passcode: 393885
RHB Research maintains a BUY rating on Marco Polo Marine, with a revised Target Price of SGD 0.21 (+15.7%), reflecting stronger earnings visibility and continued value unlock potential.
The group delivered a solid 1HFY26 performance, with revenue up 40% YoY to SGD 74m and earnings up 10% YoY to SGD 12m, supported by growth across both ship chartering and shipyard operations.
RHB values MPM at 17x FY27F P/E, reflecting its stronger growth profile and improved capital efficiency.
π Read the full RHB Research report here:
[https://research.rhbtradesmart.com/files_preview?hash=8513110a-416d-41b7-937a-0394d78853bc]
π MARKET WATCH
π
28 May 2026
STI: 5028.80 (-0.82%) | HSI: 25328.23 (-1.06%) | Nikkei: 64999.41 (+0.01%)
DOW: 50644.28 (+0.36%) | S&P 500: 7520.36 (+0.02%) | Nasdaq: 26674.73 (+0.07%)
VIX: 16.29 (-1.81%) | Fear Index (CNN): 61/100 (Greed)
π MACRO NEWS
β’ US markets close mixed as investors monitor Fed commentary and economic data β CNBC
CNBC Markets
β’ Oil prices ease amid uncertainty over global demand outlook and OPEC+ supply plans β Reuters
Reuters Energy News
β’ Investors weigh inflation outlook as Treasury yields remain volatile β CNN Business
CNN Business Markets
πΌ FOREIGN NEWS
β’ Hong Kong shares decline as property and tech stocks face renewed pressure β Reuters
Reuters Asia Markets
β’ Japanβs Nikkei steadies near record highs as exporters gain on weaker yen β CNBC
CNBC Asia Markets
β’ Regional economies remain resilient despite slower global trade momentum β CNA
CNA Business
πΈπ¬ SG NEWS
β’ Singapore shares retreat as investors lock in gains after recent rally β The Business Times Singapore
The Business Times Markets
β’ SGX activity remains supported by institutional participation and REIT interest β The Edge Singapore
The Edge Singapore Markets
β’ Singapore economy expected to stay resilient amid ongoing external uncertainties β The Straits Times
The Straits Times Business
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
β
#InvestorRelations | Gem Comm π© connect@gem-comm.com
π MARKET WATCH
π
26 May 2026
STI: 5070.55 (+0.05%) | HSI: 25606.03 (+0.86%) | Nikkei: 65158.19 (+2.87%)
DOW: 50579.70 (+0.58%) | S&P 500: 7473.47 (+0.37%) | Nasdaq: 26343.97 (+0.19%)
VIX: 16.59 (-0.66%) | Fear Index (CNN): 59/100 (Greed)
π MACRO NEWS
β’ Wall Street closes higher as investors digest economic data and Fed signals β CNBC
CNBC Market News
β’ Oil prices climb on stronger demand outlook and tighter global supply expectations β Reuters
Reuters Energy News
β’ US consumer confidence improves as recession fears ease β CNN Business
CNN Business Markets
πΌ FOREIGN NEWS
β’ Japanβs Nikkei surges as chipmakers rally and yen weakens β Reuters
Reuters Asia Markets
β’ Hong Kong stocks rebound amid optimism over China stimulus support β CNBC
CNBC Asia Markets
β’ Asian economies remain resilient despite global trade uncertainties β CNA
CNA Business
πΈπ¬ SG NEWS
β’ Singapore shares edge higher as banking and industrial stocks gain β The Business Times Singapore
The Business Times Markets
β’ SGX investors monitor interest rate outlook and regional growth momentum β The Edge Singapore
The Edge Singapore Markets
β’ Singapore economy expected to stay resilient amid external volatility β The Straits Times
The Straits Times Business
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
β #InvestorRelations | Gem Comm π© connect@gem-comm.com
Best of Analyst Reports
SG Stocks
Marco Polo Marine - Maybank BUY TP S$0.24
https://mkefactsettd.maybank-ke.com/PDFS/533406.pdf
Ever Glory United Holdings - CGSI ADD TP S$0.90
https://rfs.cgsi.com/api/download?file=f27411d7-e6b1-44f5-962d-823c060f4f00
Singapore Telecommunications - Maybank BUY TP S$5.00
https://mkefactsettd.maybank-ke.com/PDFS/535693.pdf
ST Engineering - Maybank BUY TP S$12.50
https://mkefactsettd.maybank-ke.com/PDFS/534111.pdf
CSE Global - Maybank BUY TP S$2.25
https://mkefactsettd.maybank-ke.com/PDFS/533518.pdf
Frencken Group - CGSI ADD TP S$3.25
https://rfs.cgsi.com/api/download?file=c3e9e107-106a-4ea1-afef-6f0e29756c62
First Resources - CGSI ADD TP S$4.39
https://rfs.cgsi.com/api/download?file=019e24a2-314e-42dd-a34c-4bdd3aa20a4c
ISDN Holdings - CGSI ADD TP S$0.96
https://rfs.cgsi.com/api/download?file=1e484ac3-f318-4d90-9b0f-4530f4cdd16c
We are an independent investor relations firm with a deep passion for the markets. Learn more about us: https://linktr.ee/gem_comm
π MARKET WATCH
π
22 May 2026
STI: 5045.71 (+0.02%) | HSI: 25386.52 (-1.03%) | Nikkei: 61684.14 (+3.14%)
DOW: 50285.66 (+0.55%) | S&P 500: 7445.72 (+0.17%) | Nasdaq: 26293.10 (+0.09%)
VIX: 16.76 (-3.90%) | Fear Index (CNN): 58/100 (Greed)
π MACRO NEWS
β’ US stocks edge higher as investors assess Fed policy outlook and cooling inflation data β CNBC
https://www.cnbc.com/2026/05/22/us-stocks-fed-policy-inflation-outlook.html
β’ Oil prices retreat as traders weigh supply outlook and global demand concerns β Reuters
https://www.reuters.com/business/energy/oil-prices-retreat-global-demand-concerns-2026-05-22/
β’ Treasury yields steady as markets monitor economic growth signals β CNN Business
https://edition.cnn.com/2026/05/22/investing/treasury-yields-economic-growth/index.html
πΌ FOREIGN NEWS
β’ Japanβs Nikkei rallies on strong tech and semiconductor momentum β Reuters
https://www.reuters.com/world/asia-pacific/japans-nikkei-rallies-tech-semiconductor-gains-2026-05-22/
β’ China markets pressured amid concerns over property sector recovery β CNBC
https://www.cnbc.com/2026/05/22/china-markets-property-sector-recovery-concerns.html
β’ ASEAN economies remain resilient despite global trade uncertainties β CNA
https://www.channelnewsasia.com/business/asean-economies-global-trade-uncertainties-2026-05-22
πΈπ¬ SG NEWS
β’ Singapore shares end marginally higher amid mixed regional market performance β The Business Times Singapore
https://www.businesstimes.com.sg/companies-markets/singapore-shares-end-marginally-higher-mixed-regional-trade
β’ SGX market activity remains supported by institutional buying interest β The Edge Singapore
https://www.theedgesingapore.com/capital/markets/sgx-market-activity-supported-institutional-interest
β’ Singapore economy expected to remain stable despite external headwinds β The Straits Times
https://www.straitstimes.com/business/economy/singapore-economy-remains-stable-despite-external-headwinds
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
β #InvestorRelations | Gem Comm π© connect@gem-comm.com
π MARKET WATCH
π
22 May 2026
π MACRO NEWS
β’ US stocks mixed as investors assess Fed outlook and Treasury yields β CNBC
https://www.cnbc.com/2026/05/22/us-stocks-fed-outlook-treasury-yields.html
β’ Oil prices steady amid supply concerns and geopolitical developments β Reuters
https://www.reuters.com/world/middle-east/oil-prices-steady-supply-concerns-2026-05-22/
β’ Global markets remain cautious as inflation concerns linger β CNN Business
https://edition.cnn.com/2026/05/22/business/global-markets-inflation-concerns/index.html
πΌ FOREIGN NEWS
β’ China factory activity improves slightly as stimulus measures gain traction β Reuters
https://www.reuters.com/world/china/china-factory-activity-improves-stimulus-2026-05-22/
β’ Japan stocks extend gains on semiconductor and AI optimism β CNBC
https://www.cnbc.com/2026/05/22/japan-stocks-semiconductor-ai-optimism.html
β’ ASEAN economies expected to remain resilient despite global slowdown fears β CNA
https://www.channelnewsasia.com/business/asean-economies-resilient-global-slowdown-2026-05-22
πΈπ¬ SG NEWS
β’ Singapore shares edge lower amid cautious regional sentiment β The Business Times Singapore
https://www.businesstimes.com.sg/companies-markets/singapore-shares-edge-lower-cautious-sentiment
β’ SGX market activity supported by stronger institutional participation β The Edge Singapore
https://www.theedgesingapore.com/capital/markets/sgx-market-activity-institutional-participation
β’ Singapore economy expected to stay stable despite external uncertainties β The Straits Times
https://www.straitstimes.com/business/economy/singapore-economy-expected-stay-stable-despite-external-uncertainties
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
π MARKET WATCH
π
28 May 2026
STI: 5004.07 (-0.08%) | HSI: 26361.07 (+0.77%) | Nikkei: 58824.89 (+0.60%)
DOW: 49442.56 (-0.01%) | S&P 500: 7109.14 (-0.24%) | Nasdaq: 24404.39 (-0.26%)
VIX: 18.87 (+7.95%) | Fear Index (CNN): 60/100 (Greed)
π MACRO NEWS
β’ Nvidia lifts global tech sentiment as AI demand continues to drive markets higher β CNBC
https://www.cnbc.com/2026/05/28/nvidia-tech-rally-ai-demand.html
β’ Global bond yields remain elevated as investors reassess Fed rate-cut expectations β Reuters
https://www.reuters.com/world/us/global-bond-yields-fed-rate-cut-expectations-2026-05-28/
β’ Oil prices fluctuate amid ongoing geopolitical tensions and supply concerns β CNN Business
https://edition.cnn.com/2026/05/28/business/oil-prices-geopolitical-tensions/index.html
πΌ FOREIGN NEWS
β’ China industrial profits rise, offering signs of stabilisation in the worldβs second-largest economy β Reuters
https://www.reuters.com/world/china/china-industrial-profits-rise-april-2026-05-28/
β’ Japan equities continue rally as investors rotate into semiconductor and AI-related stocks β CNBC
https://www.cnbc.com/2026/05/28/japan-stocks-semiconductor-ai-rally.html
β’ ASEAN markets remain resilient despite persistent inflation and geopolitical uncertainty β CNA
https://www.channelnewsasia.com/business/asean-markets-resilient-inflation-geopolitical-risks-2026-05-28
πΈπ¬ SG NEWS
β’ Singapore stocks trade cautiously as investors monitor US inflation and interest rate outlook β The Business Times Singapore
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-trade-cautiously-ahead-us-inflation-data
β’ SGX trading activity improves amid stronger regional market sentiment β The Edge Singapore
https://www.theedgesingapore.com/capital/markets/sgx-trading-activity-improves-regional-market-sentiment
β’ Singapore economy expected to remain resilient despite external headwinds β The Straits Times
https://www.straitstimes.com/business/economy/singapore-economy-expected-remain-resilient-despite-external-headwinds
We are an independent investor relations firm with a deep passion for the markets.
Learn more about us: https://linktr.ee/gem_comm
π£ Invitation: Uni-Asia 1QFY2026 Results Briefing
Join Uni-Asia Groupβs upcoming 1QFY2026 Results Briefing as management shares key financial highlights, operational updates, and strategic developments for the quarter.
π
4 June 2026
β° 11:00am β 1:00pm
π 22A&B, Level 22, Ocean Financial Centre, 10 Collyer Quay, Singapore 049315
RSVP here:
https://docs.google.com/forms/d/e/1FAIpQLSeBBJ7-gLrOo0Bk6DgQ7HIjVB2xTEFt93BZJuqU5cwvbh3d5w/viewform
#InvestorRelations | Gem Comm π© connect@gem-comm.com
πΈπ¬β΄π’π³βοΈπ¨π’**Marco Polo Marine (MPM SP, Maintain BUY, TP:SGD0.24 β¬οΈ from 0.20)
Unlocks value: shipyard RTO**
β’1H26 adjusted PATMI of SGD13.8m of is in line with our estimate. MPM
announced a reverse takeover (RTO) of Fuji Offset by injecting their shipyard business at SGD139m issued via shares, of which MPM will own
74.1 to 76.8% of the entity. This will be positive and will help to propel
the growth of its shipyard business. Maintain BUY with a higher TP of
SGD0.24, as we believe MPM is entering a rapid growth phase from FY26E to FY30E. Our TP is based on a higher 24x FY26E P/E (previously 20x).
β’2H26E seasonally stronger
β’Shipbuilding reverse takeover for faster growth
β’Beneficiary of energy security
Link to report : https://mkefactsettd.maybank-ke.com/FACTSETPARTNERS_TD_TRACK/external/download?q=2437f3e26821acaf3f357b2ffdb3ba799cc09e741VAbIowDhwHw6Yn9eBp2WvNozhKF2h74mIe9ASyXPKKIfkaR9ODPqLK_zQiTQvF8InOxBjAlYKuxu6nYFZWexbTfeod2IWcPxELROWGnG0sRU4d6KKi3TVFN7B8PDlrFPOO-XCqNSMjrwd-G761Uk_-J3vJscOpbm0Hh_DJU2CW3AiT_8KZ4HxeLmJukTFzgxYBghzlfQJMGGvRx8c7hktg%2C%2C
Marco Polo Marine (MPM SP/BUY/S$0.187/Target price raised to S$0.230)
1HFY26: Shipyard Inflects; RTO Unlocks Value
By Heidi Mo UOBKH
1H in line; stronger 2H expected. 1HFY26 revenue of S$74m (+40% yoy) and adj. net profit of S$13.8m (+44% yoy) tracked at 45%/40% of our full-year estimates, in line with MPM's typical 2H-skewed earnings due to monsoon seasonality.
Shipyard was the standout. Segment revenue more than doubled qoq to S$20m (+95% yoy) in 2QFY26, driven by MPMβs Dry Dock 4 that increased ship repair capacity by 25%.
Ship chartering revenue of S$44m (+38% yoy) remained the primary profit driver, 2Q fleet utilisation was flat yoy at 65%.
Upcoming value-unlock catalysts. The proposed RTO of FOP at up to S$139m may be a transformational value-unlock for the shipyard, while the PKRO Taiwan listing remains on track for 3Q26.
Maintain BUY with a 21% higher target price of S$0.230 (S$0.190 previously), pegged to 25x FY26F PE (+1SD to mean). MPM continues to deepen its offshore wind franchise, with the S$198m ORV driving FY27 earnings growth.
https://research.uobkayhian.com/content_download.jsp?id=90766&h=b16733d2aab9c27ffbe3a51b6995af0
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We are an independent investor relations firm with a deep passion for the markets. Learn more about us: https://linktr.ee/gem_comm
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