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SGX:C09 17 December 2025 - 8 February 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

Shares of City Developments Ltd rose 3.8% on Wednesday after The Edge Singapore reported that JPMorgan lifted its target price and said the Singapore developer still trades about 20% below book value, an accounting measure of net assets. CDL was up S$0.32 at S$8.71 by 3:08 p.m. Singapore time; JPMorgan’s S$10.75 target implies roughly 23% upside, while RHB Bank Singapore on Monday raised its target to S$9.50. The Edge Singapore
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 stock market is closed on Saturday, 20 December 2025, but investors ended the week with the Straits Times Index still parked near multi-year highs after a muted final session on Friday. The takeaway from the latest trading day: steady breadth, selective buying, and a market that’s increasingly being framed as a 2026 “dividend + re-rating” story—led by banks, supported by macro stability, and shaped by global rate-cut expectations. The Business Times+2Investing.com+2
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)

SINGAPORE — City Developments Limited shares traded higher on Wednesday as investors digested fresh monetisation headlines and a drumbeat of broker commentary that has increasingly framed the property and hospitality group as a “value-unlocking” story. As of 1:51pm SGT, CityDev was last indicated at S$7.61, up S$0.11 on the day, according to delayed market data. ShareInvestor+1
17 December 2025
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