Singapore, Jan 25, 2026, 15:29 (SGT) — Market closed
Shares of iFAST Corp climbed 3.39% on Friday, finishing at S$10.37 after fluctuating between S$10.03 and S$10.46 during the session. Roughly 1.93 million shares traded hands, according to delayed exchange data posted on the company’s investor-relations website. 1
Singapore equities rose broadly, with the Straits Times Index hitting a new intraday high before closing 1.3% higher on Friday. UOB surged 5% and OCBC climbed 3.4%, as banking shares pushed to fresh peaks, The Business Times reported. 2
Since the end of 2025, iFAST’s closing prices have climbed roughly 8.9%, with noticeable spikes in trading volume during the latter half of January. Friday’s close marked the highest level in that stretch, according to historical data from StockAnalysis.com. 3
Singapore’s inflation figures set the tone for the week ahead. Core inflation, excluding accommodation and private road transport, climbed 1.2% year-on-year in December, according to official data. Authorities warned that both core and headline inflation are likely to accelerate in 2026 amid rising domestic cost pressures. The Monetary Authority of Singapore (MAS) will release updated inflation forecasts on Jan. 29. 4
Company-specific news has been sparse lately, but investors are still processing iFAST’s recent deal announcement. Earlier this month, the company agreed to acquire a 30% stake in Financial Alliance Corporation for S$19.575 million in cash, according to an SGX filing. The purchase will be funded through a combination of internal cash and external loans. The deal is still awaiting approvals from regulators, including the Monetary Authority of Singapore, Bank Negara Malaysia, and Malaysia’s Securities Commission.
iFAST chairman and group CEO Lim Chung Chun said in a press release on the deal: “We look forward to supporting FACORP in its journey to become the first listed financial advisory company on the Singapore Exchange.” FACORP’s chief executive and co-founder Vincent Ee described the partnership as “a significant milestone” as the company moves closer to a potential public listing. 5
iFAST is set to publish its full-year results next. The firm announced it will unveil unaudited financials for the year ending Dec. 31, 2025, after market close on Feb. 12, per an SGX notice. 6
The Singapore market remains closed for the weekend and will resume trading on Monday. SGX’s cash equities session operates on weekdays with a lunch pause, and Monday’s open will reveal if Friday’s strong momentum in local financial stocks continues. 7
The near-term outlook is mixed. A dip in risk appetite, an unexpected stance from MAS, or earnings that miss the mark could spark rapid profit-taking following the recent rally. Plus, the Financial Alliance deal remains subject to regulatory approval.
