SINGAPORE, January 19, 2026, 15:44 SGT — Regular session
Keppel Ltd shares nudged higher in Singapore afternoon trade Monday, staying close to recent peaks. The stock gained 0.18% to S$10.92 by 3:20 p.m. local time, fluctuating between S$10.80 and S$10.94 earlier. (StockAnalysis)
The timing is set: Keppel and its listed REITs will unveil their second-half and full-year 2025 results ahead of the market open, spanning Jan. 30 to Feb. 5. Keppel itself is slated to report on Feb. 5. (Keppel)
That’s crucial since the stock has already baked in significant gains. Keppel’s climbed roughly 60% over the last year and is hovering near the upper limit of its 52-week range, per Investing data.
Monday brought scant new company updates, leaving the share price to inch along without any clear breakout.
Investors haven’t forgotten a recent update from Keppel. On Jan. 15, the company announced it had secured leasing rights for a 123-hectare site near Morwell in Victoria, Australia, with gross power capacity reaching 720 megawatts. That pushes its Asia-Pacific data centre “powerbank” pipeline—meaning secured access to power and other inputs for future projects—beyond 1 gigawatt. “Digitalisation and AI are reshaping global compute needs,” said Manjot Singh Mann, Keppel’s connectivity business CEO. The company noted this development won’t materially affect this financial year’s earnings per share or net tangible assets per share.
The broader market held steady. According to Investing.com, the Straits Times Index fluctuated within a tight range, hitting a low of 4,821.39 and a high of 4,834.58, opening at 4,834.46. (Investing)
Keppel’s modest uptick hints that investors want concrete figures and clearer guidance, not just a rundown of upcoming projects.
But the setup works both ways. Following a strong run, a softer tone on fundraising or slower-than-expected conversion of “powerbanked” sites into paying capacity might trigger profit-taking, especially if results fall short of expectations.
Investors face a packed earnings schedule: Keppel DC REIT reports Jan. 30, followed by Keppel Pacific Oak US REIT on Feb. 3 and Keppel REIT on Feb. 4. All this leads up to Keppel’s own announcement on Feb. 5, according to an SGX notice.
