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SGX:S61 22 December 2025 - 21 January 2026

Singapore Stock Market Today (Dec 22, 2025): STI Hits Record High as Global Risk-On Returns; Seatrium and CNMC in Focus

Singapore Stock Market Today (Dec 22, 2025): STI Hits Record High as Global Risk-On Returns; Seatrium and CNMC in Focus

Singapore’s Straits Times Index rose about 0.7% to around 4,601 on Monday, hitting record highs amid a tech-driven rebound in global markets. The gains came as investors navigated thin year-end liquidity, volatile currency and metals markets, and index changes taking effect. Regional equities also advanced, tracking Wall Street’s tech rally. Local corporate news and cross-asset moves influenced trading.
22 December 2025
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Stock Market Today

  • Steve Smith's $100,000 Koala Investment Poised for Major ASX Debut
    March 20, 2026, 9:29 PM EDT. Australian cricketer Steve Smith's early $100,000 Seed investment in Koala, a furniture startup, is set for a significant payoff as Koala prepares for a $68 million IPO on the ASX. The company, valued at $305 million, plans to use $10.1 million of fresh capital to retire debt. Co-founder Mitch Taylor is selling $8.3 million of shares but retains a 16.3% stake. CEO Dany Milham holds 20.7% of the company, with shares under escrow. Major shareholders include Perennial Partners with 22.7% and Alium Capital with 5%. Smith's initial 10% stake has diluted but was worth over $10 million by 2019. The listing is expected to reveal the full value of his holdings, potentially surpassing his cricketing earnings. Koala projects strong growth with a 62.4% revenue increase expected by FY26.
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