Singapore, Feb 2, 2026, 15:48 SGT — Regular session
iFAST shares dropped 2.4% to S$10.29 by Monday afternoon. The Singapore wealth platform is set to announce its unaudited full-year results after the market closes on Feb. 12. (iFast Corporation)
The decline followed a selloff in precious metals that spilled into wider markets, making investors wary ahead of a busy week packed with corporate earnings, central bank decisions, and major economic reports. (Reuters)
iFAST operates a digital banking and wealth management platform, offering investment products and services to both institutional and retail clients throughout Asia, according to a Reuters company profile. This business model can make the stock vulnerable during market fluctuations and periods of reduced investor trading. (Reuters)
The stock fluctuated between S$10.19 and S$10.54 in the session, with about 1.25 million shares changing hands, according to Investing.com data. It ended Friday at S$10.54. (Investing.com India)
“It’s risk off and de-leveraging — a flushing out of leverage in the system,” said Christopher Forbes, head of Asia and the Middle East at CMC Markets. Margin calls happen when brokers demand extra cash after positions turn against investors. (Reuters)
Focus shifts to whether iFAST can maintain steady net inflows—the difference between funds entering and leaving—and safeguard its margins when it reports. Investors will also watch for updates on its digital bank and broader expansion efforts.
In January, iFAST announced a conditional agreement to acquire a 30% stake in Financial Alliance Corporation Limited for S$19.6 million, pending regulatory clearance in both Singapore and Malaysia.
The immediate trigger is price action. Continued forced selling in the markets could drag down smaller financial stocks, even in the absence of new company developments.
Despite Monday’s dip, iFAST shares have climbed roughly 8% year-to-date, according to MarketScreener data. (MarketScreener)
Traders are watching to see if the selloff slows before the market closes. Any signs of steadiness in commodities and U.S. futures could provide some relief.
