Broker Name: Lim & Tan Securities
Date of Report: 16 February 2026
Excerpt from Lim & Tan Securities report.
Report Summary
- Singapore’s FSSTI Index declined 1.6% but remains up 6.3% year-to-date, with mixed performance across major global indices. US markets traded flat after cooler-than-expected CPI data increased hopes for interest rate cuts.
- Tiong Woon Corporation (TWC) reported strong 1HFY2026 results, with revenue up 14% to S\$89.7 million and net profit up 13% to S\$13.6 million, driven by its core heavy lift and haulage business. The company is well-positioned for continued growth amid Singapore’s construction upcycle.
- Lendlease Global Commercial REIT saw a slight drop in 1H FY2026 revenue following portfolio reshuffling, but distributable income rose 11.7% year-on-year. Portfolio occupancy remains high and the REIT expects stable returns driven by its focus on Singapore’s suburban retail segment.
- Institutional investors were net sellers while retail investors were net buyers on the SGX for the week. Financials, industrials, and technology stocks saw the most notable fund flows.
- China International Capital Corporation (CICC) is expanding into the Gulf and Southeast Asia, aiming to facilitate Chinese firms’ globalisation and support the Belt and Road Initiative amid US-China tensions.
- BCA Research notes a slowing but positive US economy, with equity markets likely to see broader sector performance and technology remaining a long-term driver. Canadian employment remains subdued.
- The report also includes recent share transactions, dividend announcements, and a calendar of upcoming ex-dividend dates for Singapore-listed 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
