Today: 10 June 2026
ST Engineering share price nears S$9.70 as Singapore investors stay defensive
19 January 2026
1 min read

ST Engineering share price nears S$9.70 as Singapore investors stay defensive

Singapore, Jan 19, 2026, 15:09 SGT — Regular session

  • ST Engineering shares climbed roughly 0.7% in afternoon trading, hovering close to a new 52-week peak
  • Earlier profit guidance and a risk-off mood worldwide have helped lift the stock.
  • Attention now shifts to the company’s full-year results and dividend update, expected in late February

Shares of Singapore Technologies Engineering Ltd edged up 0.7% to S$9.67 by 2:59 p.m. local time, just shy of the day’s peak at S$9.69, on a volume of roughly 2.43 million shares.

The move keeps the blue-chip industrial near the top of its recent range, following a sharp climb this month that pulled momentum money back into several of Singapore’s large caps.

It also bucked the trend amid weaker local trading. The Straits Times Index slipped roughly 0.5% in delayed quotes.

Overseas, investors turned cautious. They’ve been cutting back on dollar holdings and shifting toward perceived safe havens after U.S. President Donald Trump threatened tariffs involving Greenland. ANZ’s Khoon Goh pointed to “uncertainty around U.S. policy” as weighing on the greenback. Reuters

Traders remain focused on ST Engineering’s guidance from late last month. On Dec. 30, the company stated it “expects to report a positive 2H2025 net profit after taking in all the one-off effects” — these one-off effects refer to unusual items like exceptional gains or charges that aren’t expected to happen again.

Shares climbed to fresh highs on Monday despite no new disclosures, shifting the short-term focus to how much of the rally is already priced in rather than any one headline.

The focus will be on the group’s commentary about orders and margins across its divisions, particularly since defence-related firms are usually seen as more stable when markets turn volatile.

That said, the setup works both ways. If profits slip on timing, or contract conversions and costs fall short, sentiment could turn sharply after the stock’s recent rise. Elevated valuations only make even minor setbacks feel bigger.

ST Engineering’s investor-relations guidance notes that full-year results usually come out in February, while market updates are scheduled for May and November.

Investors have set their sights on late February. According to Investing.com’s earnings calendar, Feb. 26 marks the upcoming results date. Traders will be watching closely for full-year figures and any hints on dividends.

Stock Market Today

  • Construction Spending Rebounds Boosting Homebuilding Stocks D.R. Horton and LGI Homes
    June 10, 2026, 9:41 AM EDT. Construction spending rose 0.4% in April, driven by private projects and housing demand, despite higher mortgage rates and tariffs. The housing industry led growth, with residential construction up 0.8%. Existing home sales increased 3.2% in May, reflecting strong demand. Two homebuilders, D.R. Horton (DHI) and LGI Homes (LGIH), stand out. D.R. Horton, operating nationally, shows a 12.5% expected earnings growth for next year, and an improving earnings estimate. LGI Homes focuses on affordable entry-level homes in key states, targeting renters converting to homeowners. The rebound in construction spending underlines a potential upswing for these stocks as mortgage conditions stabilize.

Latest articles

Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

10 June 2026
Rigetti Computing plunged 9.55% to $19.69 Tuesday and dipped further premarket after director Ray O. Johnson filed to sell 122,188 shares worth $2.6 million, testing investor confidence following a recent rally on news of a potential $100 million U.S. Commerce Department quantum-computing award, with traders watching for binding funding terms amid ongoing volatility.
PATH slips again, investors keep questioning AI automation bet

PATH slips again, investors keep questioning AI automation bet

10 June 2026
UiPath shares slid 3.76% to $10.75 and dropped another 1.49% pre-market as investors focused on slowing annual recurring revenue growth—up 12% to $1.901 billion versus 17% revenue growth—raising doubts about AI automation’s impact on recurring sales; second-quarter ARR guidance of $1.929–$1.934 billion is now the key number for PATH’s stock direction.
BlackBerry Drops Again; QNX Gains on the Line With June Earnings Ahead

BlackBerry Drops Again; QNX Gains on the Line With June Earnings Ahead

10 June 2026
BlackBerry shares dropped 4.84% to $8.84 Tuesday and slid further to $8.42 premarket Wednesday, erasing part of a 49% rally as investors question whether QNX and Secure Communications growth can justify recent gains ahead of Q1 fiscal 2027 earnings on June 25; the stock is now down 14.5% from last week’s close.
Qualcomm stock price slips into long weekend as investors eye dividend, board change and earnings
Previous Story

Qualcomm stock price slips into long weekend as investors eye dividend, board change and earnings

Glencore share price rises as China scrutiny hangs over Rio Tinto merger talks
Next Story

Glencore share price rises as China scrutiny hangs over Rio Tinto merger talks

Go toTop