Broker Name: Lim & Tan Securities
Date of Report: 24 October 2025
Excerpt from Lim & Tan Securities report.
- Singapore’s FSSTI Index posted strong year-to-date gains of 16.6%, with global indices also performing well, while commodity prices and bond yields showed mixed trends.
- Suntec REIT reported a 13.4% year-on-year increase in distributable income for 3Q25, driven by stronger Singapore operations and lower financing costs; the REIT maintains a stable outlook with a 5.2% dividend yield and a HOLD recommendation due to fair valuations.
- OUE REIT’s 3Q25 results saw revenue and net property income decline due to asset divestment, but its Singapore-centric commercial portfolio continued to achieve high occupancy and positive rental reversions; the REIT benefits from declining interest rates and offers a 5.7% yield, with an “Accumulate on Weakness” stance.
- Institutional investors recorded net selling of S\$123.5m for the week of 13 October 2025, while retail investors were net buyers of S\$412.0m, with notable sector and fund flow activity across key Singapore equities.
- Macro news highlighted falling Chinese coal imports, especially from Indonesia, due to oversupply and a shift to renewables; in the US, strategists advise selling the US dollar on rebounds, with bond markets supported by subdued inflation, while real yields remain high.
- Several Singapore-listed companies announced upcoming ex-dividend dates and payouts, with a calendar of financial results and distributions for October and November 2025 provided.
- 32 companies remain on the SGX Watch-List, with recent additions noted.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website: https://www.limtan.com.sg
