Singapore, Jan 13, 2026, 15:31 SGT — Regular session
- ST Engineering shares edged up roughly 0.3%, hovering close to a 52-week peak in afternoon trading
- Investors are positioning themselves ahead of February’s full-year results, following earlier profit guidance
- Attention stays fixed on defence spending forecasts and the wider appetite for risk across Asia
Shares of Singapore Technologies Engineering Ltd (ST Engineering) ticked up roughly 0.3% to S$9.24 by mid-afternoon Tuesday, fluctuating between S$9.15 and S$9.29 — hovering near a 52-week peak. The stock’s previous close stood at S$9.21. (Source: Investing)
Singapore stocks have held firm, pushing the Straits Times Index about 2.1% higher so far this year. Analysts attribute the gain to portfolio rebalancing flows boosting the market early in 2026. “January optimism or pessimism often reflects investor confidence,” said Carmen Lee, OCBC’s head of equity research, in a note cited by The Business Times. (Source: The Business Times)
Asian stocks climbed Tuesday, with Japan’s Nikkei hitting new highs amid shifting rate-cut expectations and geopolitical tensions. Investors kept a close eye on upcoming U.S. inflation figures for signals on future rate moves. (Source: Reuters)
ST Engineering’s next key event is its full-year earnings report. On Dec. 30, the group updated guidance, now expecting a positive net profit for H2 2025 after factoring in one-off items. Earlier, the company had already flagged strong base operations and anticipated a full-year profit. (Source: ST Engineering)
In its latest business update, the group announced it had secured S$14.0 billion in new contracts during the first nine months of 2025, pushing its order book—the value of contracted work pending delivery—to S$32.6 billion by the end of September. “Our nine-month year-to-date performance was underpinned by robust revenue growth whilst our order book reached a new high,” said group president and CEO Vincent Chong. (Source: ST Engineering)
Singapore stocks edged higher Monday amid a wave of “Sell America” trades triggered by renewed concerns over the U.S. Federal Reserve. “Markets can live with almost anything except uncertainty about who is actually calling the game,” said Stephen Innes, managing partner at SPI Asset Management. (Source: The Straits Times)
The recent surge leaves little margin for error, particularly given the group’s satellite communications segment. Back in November, ST Engineering took a S$667 million non-cash impairment on its iDirect unit and flagged it was exploring strategic options, but stressed there was “no certainty” any deal would materialize. This accounting write-down doesn’t involve actual cash leaving the company. (Source: SGX filing PDF)
Investors are eyeing one key event before earnings: the Singapore Airshow, scheduled for Feb. 3-8. The company has confirmed it will have a pavilion there. Big contract announcements at major aerospace and defence shows can shift sentiment sharply, even if actual deal progress takes months to materialize. (Sources: Singapore Airshow, ST Engineering)
Global macro forces may shake up the tape again. U.S. consumer price figures out Tuesday are forecasted to show a rise in inflation, potentially shifting rate expectations and rattling risk appetite for Asian stocks. (Source: Reuters)
