Today: 29 June 2026
Browse Category

SGX:OUER 22 February 2026

What to watch in Singapore stocks this week: One Raffles Place, CPI and earnings on the SGX radar

What to watch in Singapore stocks this week: One Raffles Place, CPI and earnings on the SGX radar

Singapore, Feb 22, 2026, 15:45 SGT — The market has closed. OUE Real Estate Investment Trust and United Overseas Bank are gauging buyer appetite for One Raffles Place, a central office-and-retail property tipped to fetch between S$2.3 billion and S$2.4 billion. The move brings Singapore REITs back into focus as the SGX gears up for Monday. OUE REIT units notched a 4.2% gain to close at S$0.37 on Friday. United Overseas Bank finished the week at S$38.60, slipping 0.2%.

Stock Market Today

  • Sandisk (NASDAQ: SNDK) slips 4% as Apple eyes China chip supplier
    June 29, 2026, 2:40 PM EDT. Sandisk (NASDAQ: SNDK) shares dropped 4% Monday, shrugging off Jefferies' price target hike from late last week. The move comes after reports that Apple may seek U.S. approval to buy low-cost memory chips from China's CXMT. That could pressure pricing for Sandisk and rival Micron, though CXMT mostly makes DRAM and Sandisk sells NAND flash. Some analysts, like Mizuho's Jordan Klein, say the risk may be overblown given current supply shortages and solid demand into 2027-2028. Sandisk was also left off Motley Fool's new top stock picks list, which could weigh on investor sentiment for growth-seekers.
Go toTop