Singapore shares closed the first trading day of 2026 higher, tracking regional gains, as the city-state reported a 5.7% year-over-year GDP growth in the fourth quarter of 2024.

The Straits Times Index ranged between 4,648.38 and 4,669.29 throughout the day. It ended the session at 4,656.12, up 9.91 points or 0.2% higher.

In corporate news, shares of Quantum Healthcare (SGX:V8Y) surged over 100% at the close as it completed its proposed debt conversion and directors' fees capitalization on Dec. 31, 2025, allotting and issuing around 1.85 billion new shares to PW Dental.

CSE Global (SGX:544) was up nearly 5% as it secured contract variations from the U.S. worth $143.5 million for power management systems.

Meanwhile, shares of NIO (SGX:NIO, HKG:9866) were up nearly 3% after it delivered 48,135 vehicles in December 2025, up 54.6% year on year, bringing total deliveries in the fourth quarter of 2025 to 124,807 units, also up 71.7% from a year earlier.