Singapore Shares Surge. STI Rises 1.3% to Cross 4,900 Mark; UOL up 8%; iFast up 5%; CityDev, Singtel up About 3%; OCBC Bank, DBS up over 1%

MT Newswires

Jan 27

Singapore shares rose nearly 1.3% on Tuesday's close, with the STI surpassing the 4,900 level in early trading, following regional gains amid expectations that the US Federal Reserve will keep interest rates unchanged.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,880.60 and 4,923.02 throughout the day. It ended the session at 4,923.02, up 62.09 points or 1.3% compared to Monday's close.

UOL up 8%; iFast up 5%; Wilmar Intl, OUEREIT up over 4%; CityDev, Singtel up about 3%; OCBC Bank, DBS up over 1%.

In corporate news, shares of Nam Cheong (SGX:1MZ) surged over 9% at the close as it agreed to sell a 3,000 deadweight tonnage platform support vessel to an Indonesian customer for $19.8 million.

OUE REIT's (SGX:TS0U) shares were up over 4% as its distribution per unit, or DPU, rose 10.6% to SG$0.0125 in the second half of the year ended Dec. 31, 2025, from SG$0.0113 a year earlier.

Meanwhile, shares of ISOTeam (SGX:5WF) were down over 2% as it bagged contracts worth around SG$26.6 million in January.

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STI Rises 1.3% to Cross 4,900 Mark; UOL up 8%; iFast up 5%; CityDev, Singtel up About 3%; OCBC Bank, DBS up over 1%","media":"MT Newswires","content":"<html><head></head><body><p>Singapore shares rose nearly 1.3% on Tuesday&#39;s close, with the STI surpassing the 4,900 level in early trading, following regional gains amid expectations that the US Federal Reserve will keep interest rates unchanged.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,880.60 and 4,923.02 throughout the day. It ended the session at 4,923.02, up 62.09 points or 1.3% compared to Monday&#39;s close.</p><p>UOL up 8%; iFast up 5%; Wilmar Intl, OUEREIT up over 4%; CityDev, Singtel up about 3%; OCBC Bank, DBS up over 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c9ca5f865fadfe825d3fee2e6d58d2aa\" tg-width=\"687\" tg-height=\"597\"/></p><p>In corporate news, shares of Nam Cheong (SGX:1MZ) surged over 9% at the close as it agreed to sell a 3,000 deadweight tonnage platform support vessel to an Indonesian customer for $19.8 million.</p><p><a href=\"https://laohu8.com/S/TS0U.SI\">OUE REIT</a>&#39;s (SGX:TS0U) shares were up over 4% as its distribution per unit, or DPU, rose 10.6% to SG$0.0125 in the second half of the year ended Dec. 31, 2025, from SG$0.0113 a year earlier.</p><p>Meanwhile, shares of ISOTeam (SGX:5WF) were down over 2% as it bagged contracts worth around SG$26.6 million in January.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Surge. 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STI Rises 1.3% to Cross 4,900 Mark; UOL up 8%; iFast up 5%; CityDev, Singtel up About 3%; OCBC Bank, DBS up over 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2026-01-27 17:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore shares rose nearly 1.3% on Tuesday&#39;s close, with the STI surpassing the 4,900 level in early trading, following regional gains amid expectations that the US Federal Reserve will keep interest rates unchanged.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,880.60 and 4,923.02 throughout the day. 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It ended the session at 4,923.02, up 62.09 points or 1.3% compared to Monday's close.UOL up 8%; iFast up 5%; Wilmar Intl, OUEREIT up over 4%; CityDev, Singtel up about 3%; OCBC Bank, DBS up over 1%.In corporate news, shares of Nam Cheong (SGX:1MZ) surged over 9% at the close as it agreed to sell a 3,000 deadweight tonnage platform support vessel to an Indonesian customer for $19.8 million.OUE REIT's (SGX:TS0U) shares were up over 4% as its distribution per unit, or DPU, rose 10.6% to SG$0.0125 in the second half of the year ended Dec. 31, 2025, from SG$0.0113 a year earlier.Meanwhile, shares of ISOTeam (SGX:5WF) were down over 2% as it bagged contracts worth around SG$26.6 million in January.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}