Broker Name: Lim & Tan Securities
Date of Report: 10 February 2026
Excerpt from Lim & Tan Securities report.
Report Summary
- Singapore’s FSSTI index rose 0.5% to 4,960.8, with YTD gains of 6.8%. Global markets generally saw positive movements, and commodities like gold and crude oil posted significant gains.
- Seatrium’s subsidiary Jurong Shipyard started arbitration proceedings against Petrobras Netherlands over a withheld payment of US\$55.7 million relating to a legacy FPSO contract. The process is at a preliminary stage, with no immediate financial impact expected.
- CapitaLand Investment’s lodging unit Ascott achieved record growth in 2025, signing 19,000 new units and expanding into new cities. The asset-light model and focus on higher-fee segments drove expansion. CLI stock has risen strongly; recommendation is downgraded to HOLD due to limited upside.
- China’s tech sector faces downsizing, with major firms like Alibaba and Baidu reducing staff. Younger workers are moving to the state sector, while older professionals struggle to find new opportunities.
- Europe’s economic periphery shows structural improvement, narrowing gaps with the core and supporting domestic equities.
- Share transactions and buybacks are reported for major Singapore-listed companies, with institutional investors net sellers and retail investors net buyers during the week of 2 February 2026.
- Dividend announcements and upcoming corporate events are listed for various Singapore companies.
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
