Singapore Shares End Flat Ahead of Lunar New Year Break.China Aviation up over 4%; YZJ Fin Hldg up 3%; Keppel, Centurion up Nearly 2%; DBS, SGX Down Within 1%.

MT Newswires
Feb 16

Singapore's share closed flat on Monday's half-day trading, as trading remained subdued in anticipation of the Lunar New Year holiday.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,920.96 and 4,941.420 throughout the day. It ended the session at 4,938.580, up 0.80 points or 0.02% compared to Friday's close.

China Aviation up over 4%; YZJ Fin Hldg up 3%; Keppel, Centurion up nearly 2%; DBS, SGX down within 1%.

Investors continued to evaluate Singapore's 2026 budget, which included a SG$1.5 billion top-up to the Equity Market Development Program (EQDP) to revitalize the local bourse.

STI will remain closed for the next two days for the Lunar New Year holidays, and normal trading will resume on Thursday.

In economic news, Singapore's non-oil domestic exports, or NODX, grew 9.3% year over year in January, sharper than the 6.1% increase in the previous month, according to data released by Enterprise Singapore.

In company news, shares of Marco Polo Marine (SGX:5LY) were up over 4% at the close as its gross profit for the fiscal first quarter ended Dec. 31, 2025, jumped 32% to SG$14 million from SG$10.6 million a year earlier.

Koh Brothers' (SGX:K75) shares were up over 3% at the close, as its attributable profit to equity holders surged by 824% in the second half of 2025 to SG$16.0 million from SG$1.7 million a year earlier.

Meanwhile, Rex International (SGX:5WH) reported a total production of 12,010.5 barrels of oil equivalent per day (boepd) from Norway, Oman and Germany in January, up from 7,959 boepd in the preceding month.

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