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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

  • Asia Tech Stocks Rally as Wall Street Chip Gains Boost Investor Confidence
    June 8, 2026, 9:58 PM EDT. Asia's technology stocks rebounded, driven by gains in artificial intelligence-linked shares following Wall Street's recovery in chip stocks. South Korean firms SK Hynix and Samsung Electronics rose significantly, while Japanese semiconductor equipment makers also advanced. Despite this, SoftBank shares fell. Market volatility is expected to continue amid anticipation for the SpaceX IPO pricing and subsequent trading. Investor focus is also on the potential surge of AI-related IPOs after OpenAI confidentially filed for an offering, signaling increased activity in the sector. Equity strategist Andrew Jackson noted possible tighter capital conditions post-OpenAI's IPO, highlighting cautious optimism in the tech market this week.

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Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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