Daily BriefsSingapore

Daily Brief Singapore: SGX Rubber Future TSR20, OUE REIT, Q & M Dental Group (Singapore) and more

In today’s briefing:

  • Helixtap China Report: China Rubber Market Faces Continued Headwinds
  • REIT Watch – Diversified S-REITs’ operating performance remain resilient amid market uncertainties
  • STI Banks Lead Weekly Buyback Consideration Tally


Helixtap China Report: China Rubber Market Faces Continued Headwinds

By Arusha Das

  • Physical-to-INE spreads indicate sluggish near-term demand
  • Rising availability and tepid downstream suggests prices may remain under pressure 
  • April’s import and export data highlights the caution in the market  

REIT Watch – Diversified S-REITs’ operating performance remain resilient amid market uncertainties

By Geoff Howie

  • Suntec REIT’s 1Q 2025 gross revenue increased 3.4% y-o-y to S$113.5 million, with DPU up 3.4% y-o-y.
  • CICT’s 1Q 2025 gross revenue was S$395.3 million, up 1.1% y-o-y, with NPI increasing 1.4% y-o-y.
  • Suntec REIT completed S$730 million refinancing, resulting in annual interest savings of approximately S$1.8 million.

STI Banks Lead Weekly Buyback Consideration Tally

By Geoff Howie

  • Institutions were net sellers of Singapore stocks with a net outflow of S$80 million from June 6-12.
  • DBS Group Holdings, United Overseas Bank, and Oversea-Chinese Banking Corporation led share buybacks totaling S$66.8 million.
  • Q & M Dental Group’s CEO increased his stake to 54.92% amid ongoing share buyback program since May 8.

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