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SGX:C09 17 December 2025 - 8 February 2026

City Developments Limited (SGX:C09) stock rises after Newport Residences sells 57% — what to watch before results

City Developments Limited (SGX:C09) stock rises after Newport Residences sells 57% — what to watch before results

City Developments shares rose 0.75% to S$9.35 by mid-afternoon Monday after the company sold 140 of 246 units at Newport Residences over the launch weekend at an average S$3,370 psf. The project, a freehold mixed-use tower on Anson Road, saw higher take-up than recent District 2 launches. CDL will release unaudited FY2025 results before market open on Feb 27. About 3.1 million shares traded Monday.
2 February 2026
City Developments stock flat at S$9.34 as MAS flags inflation risks; Feb 27 results in focus

City Developments stock flat at S$9.34 as MAS flags inflation risks; Feb 27 results in focus

City Developments shares traded at S$9.34 as of 3:18 p.m. Friday, steady after earlier volatility. Singapore’s central bank left its policy unchanged, warning of upside risks to growth and inflation. CDL will announce FY2025 results before market open on Feb. 27, with a briefing at 10 a.m. Investors are watching for updates on sales, funding costs, and 2026 outlook.
City Developments stock jumps 2.6% as brokers tout asset recycling, Newport launch

City Developments stock jumps 2.6% as brokers tout asset recycling, Newport launch

City Developments shares rose 2.65% to S$9.30 in Singapore trading after UOB Kay Hian raised its target price to S$11.50, citing capital recycling and lower funding costs. Sales bookings for Newport Residences, seen as a key catalyst, open Jan 31. DBS maintained its “buy” call, expecting strong margins and a boost to RNAV. The stock traded between S$9.19 and S$9.35 during the session.
22 January 2026
City Developments (CDL) share price rises as DBS keeps buy call ahead of Newport Residences preview

City Developments (CDL) share price rises as DBS keeps buy call ahead of Newport Residences preview

City Developments shares rose 1.9% to S$9.12 in Friday afternoon trading, outperforming a flat Singapore market. Previews for the 246-unit Newport Residences project begin Friday, with bookings from Jan 31. DBS maintained a “buy” rating and S$11.80 target, citing a valuation discount. CDL flagged profit warnings from First Sponsor Group due to China-related losses and currency swings.
16 January 2026
City Developments stock climbs after JPMorgan lifts target, flags “strategic review”

City Developments stock climbs after JPMorgan lifts target, flags “strategic review”

City Developments shares climbed 1.7% to S$8.89 in afternoon trade Thursday, near a 52-week high, after JPMorgan raised its target price to S$10.75 and projected higher dividends. The stock led gainers on the Straits Times Index Wednesday, rising 4.2%. JPMorgan cited asset sales and a possible strategic review but warned of risks from inflation and residential sales.
8 January 2026
City Developments (SGX:C09) stock jumps nearly 4% on JPMorgan target hike — here’s what’s driving CDL

City Developments (SGX:C09) stock jumps nearly 4% on JPMorgan target hike — here’s what’s driving CDL

City Developments Ltd shares climbed 3.8% to S$8.71 after JPMorgan raised its target price to S$10.75, citing the stock’s discount to book value. RHB also lifted its target to S$9.50. CDL recently agreed to sell Quayside Isle @ Sentosa Cove for S$97.3 million, about 47% above book value, with completion expected in early 2026. Net gearing stood at 69% as of September 30.
City Developments Limited Stock (SGX:C09) in Focus: CDL Hits a 52-Week High as Divestments, Deal-Making and Analyst Targets Reset the 2026 Outlook

City Developments Limited Stock (SGX:C09) in Focus: CDL Hits a 52-Week High as Divestments, Deal-Making and Analyst Targets Reset the 2026 Outlook

City Developments Limited shares closed at S$7.98 on Dec. 19 after hitting a 52-week high of S$8.03, capping a roughly 50% gain over the past year. CDL agreed to sell Quayside Isle @ Sentosa Cove for S$97.3 million, its eighth divestment of 2025, and completed a £280 million hotel purchase in London. Divestments for the year reached about S$2 billion, outpacing S$1.7 billion in acquisitions.
21 December 2025
City Developments Limited Stock (SGX: C09) on 20 Dec 2025: Latest News, Analyst Forecasts, and What’s Driving CDL Shares

City Developments Limited Stock (SGX: C09) on 20 Dec 2025: Latest News, Analyst Forecasts, and What’s Driving CDL Shares

City Developments Limited agreed to sell Quayside Isle @ Sentosa Cove for S$97.3 million, about 47% above book value, with completion expected in Q1 2026. CDL also acquired the Holiday Inn London – Kensington High Street for £280 million earlier in December. CDL shares closed at S$7.98 on Dec 19, up 4.04%, near their 52-week high.
20 December 2025
Singapore Stock Market Today (20 Dec 2025): STI Ends Week Flat Near 4,570 as Banks Hold Record Highs; 2026 Outlook Turns More Bullish

Singapore Stock Market Today (20 Dec 2025): STI Ends Week Flat Near 4,570 as Banks Hold Record Highs; 2026 Outlook Turns More Bullish

Singapore’s Straits Times Index slipped 0.02% to 4,569.78 on Friday, ending the week near multi-year highs as trading remained flat. Advancers outnumbered decliners 329 to 177, with S$2.1 billion in turnover. City Developments rose 4% while Yangzijiang Shipbuilding fell 2.9%. CapitaLand Integrated Commercial Trust was the most traded stock by volume.
20 December 2025
City Developments Limited (SGX: C09) Stock: Quayside Isle Sale, Analyst Targets, and What Could Move CDL Shares Next (Dec. 17, 2025)

City Developments Limited (SGX: C09) Stock: Quayside Isle Sale, Analyst Targets, and What Could Move CDL Shares Next (Dec. 17, 2025)

City Developments Limited shares rose 1.47% to S$7.61 on Wednesday after announcing the S$97.3 million sale of Quayside Isle @ Sentosa Cove, a 47% premium to book value. The deal, expected to close in Q1 2026, marks CDL’s eighth asset divestment this year. The buyer is reportedly linked to Patrick Kho. CDL has also announced major disposals in Singapore, Japan, and the US in 2025.
17 December 2025

Stock Market Today

  • Lumentum's Potential 'Nvidia Moment' Highlights Market Attention
    April 9, 2026, 11:09 AM EDT. Lumentum Technologies is drawing comparisons to Nvidia due to its promising growth in the tech sector. Economist James Foord, leading The Pragmatic Investor group, highlights Lumentum's potential to replicate Nvidia's market success. The Pragmatic Investor offers diverse insights including global macro trends, international equities, commodities, and tech stocks. Foord emphasizes building robust, diversified portfolios that preserve and increase wealth amid evolving market conditions. Investors are advised to consider the company's position carefully, though no stock recommendations are made. The discussion underscores the importance of strategic investment amid dynamic technology developments.

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SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

9 April 2026
SoFi Technologies shares fell 1.9% to $16.18 Thursday after KBW and Wells Fargo cut price targets ahead of first-quarter results due April 29. The moves follow Muddy Waters’ short position and claims of accounting issues, which SoFi denies. Affirm and LendingClub also traded lower. Barclays and other banks have trimmed targets as concerns mount over credit quality and sector valuations.
Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

9 April 2026
Tesla is developing a smaller, cheaper electric SUV to be built first in Shanghai, sources said. The new model would cost less than the Model 3 and be smaller than the Model Y. Tesla produced 408,386 vehicles but delivered only 358,023 in Q1, as U.S. demand weakened and competition increased. Shares fell 0.8% Thursday.
Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

9 April 2026
Grab Holdings launched 13 new AI-powered products in Jakarta, including a “Group Ride” feature that can cut fares by up to 40% for shared routes. CEO Anthony Tan said the tools aim to offset rising fuel costs and support demand as households tighten spending. The company’s 2026 revenue and profit forecasts remain below analyst expectations. Grab’s $600 million deal to buy Foodpanda Taiwan is pending regulatory approval.
Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

9 April 2026
Nokia was named a Leader and Outperformer in GigaOm’s 2026 Radar for data center switching for the fifth year in a row, competing with Cisco, Arista, and HPE Juniper. Shares fell 1.05% in Helsinki ahead of Thursday’s annual meeting, where board changes and a dividend of up to 14 euro cents per share will be considered.
American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

9 April 2026
The FAA proposed a $255,000 civil penalty against American Airlines, alleging the carrier allowed 12 flight attendants who tested positive for drugs or alcohol to return to safety-sensitive duties before completing required follow-up tests. The alleged violations occurred from May 2019 to December 2023. American has 30 days to respond. The airline said it is reviewing the notice.
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