Lim & Tan Securities, 27 January 2026
Excerpt from Lim & Tan Securities report.
- Singapore’s FSSTI Index rose 4.6% year-to-date, with strong momentum in technology, banking, and manufacturing sectors. Innotek, a key Nvidia supplier, surged 42% YTD but is now rated “Hold” as its valuation nears the target price.
- Nvidia invested \$2 billion in CoreWeave to accelerate AI computing capacity, highlighting Nvidia’s strategy of investing in its customers and launching its first standalone CPU (Vera brand) to compete with Intel and AMD.
- OUE REIT posted robust results, increasing its distribution per unit by 10.6% YoY. Benefiting from Singapore’s lower interest rates, resilient commercial and recovering hospitality segments, and potential expansion into prime Australian CBD assets, OUE REIT is upgraded to “Accumulate.”
- Global macro trends show renewed investor interest in Asia, especially China, despite geopolitical risks. Private equity allocations to China are increasing, but challenges remain.
- Institutional investors in Singapore were net buyers (+S\$167.9m) for the week of 19 Jan 2026, while retail investors were net sellers (-S\$11.3m), with strong flows into banks and industrials.
- Dividend and distribution announcements include Suntec REIT, OUE REIT, FNN Ltd, Mapletree Log Trust, and more, with key ex-dividend and payable dates outlined.
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
