Broker Name: Lim & Tan Securities
Date of Report: 10 December 2025

Excerpt from Lim & Tan Securities report

• Report Summary
• Singapore and global markets showed mixed performances, with the FSSTI up 19.2% year-to-date and the US Federal Reserve widely expected to cut interest rates again, though future moves remain uncertain due to inflation concerns and divided policymakers.
• SingPost is raising domestic postage rates from January 2026 to support operational cost pressures and long-term sustainability amid declining mail volumes, while continuing investments in automation, eCommerce, and service touchpoints.
• China’s aluminium sector is struggling with overcapacity and weak demand, prompting producers to shift to higher-value products for industries like aerospace and EVs.
• Institutional investors in Singapore were net sellers in the week of 1 December, while retail investors were net buyers, with notable fund flows in banking, industrial, and real estate stocks.
• The report also highlights recent share buybacks, company acquisitions/disposals, dividend announcements, and macroeconomic news impacting the US, China, and Hong Kong markets.

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