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
- 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
- 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
- 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.
