Frencken Group stock rises 2% in Singapore: what’s driving SGX:E28 and what to watch next

Frencken Group stock rises 2% in Singapore: what’s driving SGX:E28 and what to watch next

Singapore, Jan 30, 2026, 15:19 SGT — Regular session

Frencken Group Limited shares climbed 2.44% to S$1.68 by 3:09 p.m. Singapore time on Friday, with trading volume hitting 8.65 million—over twice its three-month average. The price fluctuated between S$1.60 and S$1.69, edging closer to its 52-week peak of S$1.72. (SG Investors)

Trading desks have zeroed in on Singapore mid-caps after The Straits Times highlighted SGX data showing a rise in stocks averaging at least S$1 million daily turnover. The count jumped to 100 in January from 92 in 2025. Tech names like Frencken, AEM Holdings, UMS Integration, and Venture Corporation led in net institutional buying relative to market size, with that group seeing average share price gains of 15.3% last month, the paper noted. Tay Hwee Ling, Deloitte’s capital markets services leader for Southeast Asia, said investor interest is set to be buoyed by a growing pipeline of IPOs and cross-border listings. (The Straits Times)

The stronger tone follows global chip sentiment, with Samsung Electronics warning of a worsening chip shortage this year amid soaring AI demand. “A significant shortage of memory products across the board is expected to continue for the time being,” said Kim Jaejune, a Samsung memory-chip exec, during the company’s post-earnings call. (Reuters)

Frencken hasn’t released any new business updates to the exchange recently. The latest SGX filings focus on directors’ interests and an employee share-option issuance from mid-January. As a result, price movements are more influenced by overall market flows and sector sentiment than by company-specific news. (SG Investors)

Volatility has been elevated. Shares surged 7% on Jan. 28 amid heavy volume, only to fall 2.4% the next day, before bouncing back on Friday. (MarketScreener)

Frencken delivers integrated manufacturing solutions to multinational clients, covering semiconductors and various industrial sectors. Investors are weighing how much of the AI-driven chip spending wave actually benefits contract manufacturers, beyond the major chipmakers and equipment providers. (DBS Bank)

Policy makers have begun to highlight the risks on the flip side. In a Jan. 29 macro review, the Monetary Authority of Singapore flagged the chance of a “sharp, synchronised correction in AI investment.” It warned such a downturn could hit the real economy if the current boom doesn’t lead to lasting gains. (The Straits Times)

Traders are eyeing Frencken’s upcoming earnings report, penciled in for Feb. 26, according to third-party earnings calendars. Insights on order visibility and margin trends will probably steer the stock’s direction heading into March. (Tradingview)

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