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SGX:S63.SI 27 January 2026 - 2 February 2026

ST Engineering share price slips after NeuSAR-2 satellite plan and Singapore’s new space agency

ST Engineering share price slips after NeuSAR-2 satellite plan and Singapore’s new space agency

ST Engineering shares fell 1.3% to S$9.67 Monday after unveiling new space projects, including the NEBULA laser communications demonstrator and a four-satellite NeuSAR-2 radar constellation. Singapore will launch its National Space Agency on April 1 to boost domestic space capabilities. The government has allocated S$210 million to space initiatives since 2022. Investors await further updates during Singapore Airshow week.
ST Engineering share price slips after MINDEF Terrex s5 contract news — what S63.SI investors watch now

ST Engineering share price slips after MINDEF Terrex s5 contract news — what S63.SI investors watch now

ST Engineering shares dipped 0.2% to S$9.38 after securing a Singapore defence ministry contract for next-generation infantry fighting vehicles, with deliveries set for 2028. The company has not disclosed the contract’s value. Shares remain up about 12% since late December. Investors await the February earnings update for more details.

Stock Market Today

  • Riot Platforms (RIOT) Valuation Under Review After Share Price Slump
    March 21, 2026, 10:58 AM EDT. Riot Platforms (RIOT) shares fell 5.4% in one day, extending a 13.6% drop over 30 days amid mounting concerns over its financial performance. Despite a US$647.4 million revenue haul, Riot posted a US$663.2 million net loss, raising questions about its near-term profitability and exposure to Bitcoin price volatility. However, the firm's 68.3% one-year total shareholder return underscores strong longer-term gains. Analysts estimate Riot is undervalued at a fair price of US$25.94 versus its last close of US$13.38, citing growth prospects from its expansion in scalable data centers targeting AI and cloud computing sectors. Investors must balance these opportunities against risks of underutilized capacity and crypto market swings. The mixed outlook highlights a wider debate on Riot's positioning in the volatile cryptocurrency infrastructure space.
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