Market Snapshot

Singapore stocks opened higher on Thursday. STI rose 1%; CSE Global up 4%; YZJ Maritimeand Singtel up 2%; SGX, OCBC, Sembcorp up 1%.

Stocks in Focus

Yangzijiang Maritime : The maritime financial solutions provider announced on Wednesday that it will hold an extraordinary general meeting on Mar 6 to seek shareholders’ approval on the proposed adoption of a share buyback mandate. Under this, the mainboard-listed company will purchase up to 10 per cent of its total issued shares, if approved by shareholders. Shares of Yangzijiang Maritime ended flat at S$0.56 on Monday.

Singapore Airlines (SIA) : SIA on Monday posted a 0.7 per cent year-on-year increase in passenger traffic in January for the two carriers it operates. This came in at 13.8 billion revenue passenger-km for the month. Shares of SIA ended at S$7, up 0.6 per cent or S$0.04 on Monday, before the announcement.

CSE Global : CSE Global secured S$514.7 million in new orders in the fourth quarter ended Dec 31, 2025, up 118.7 per cent year on year, it said on Monday. The growth was primarily propelled by stronger demand for its electrification solutions in the US. Shares of CSE Global ended Monday at S$1.27, up 2.4 per cent or S$0.03, before the announcement.

Market News

Singapore unit labour costs to rise this year despite ‘flat’ 2025

Singapore’s overall unit labour cost (ULC) is expected to pick up in 2026 after a ‘flat’ 2025, according to a Ministry of Trade and Industry report.

The expansion is attributed to a projected moderation in productivity growth, even as remuneration per worker is expected to steadily rise.

“At the same time, the costs of utilities, fuel and transportation are likely to moderate, in line with the outlook for global oil prices in 2026,” the report said.