Today: 9 June 2026
iFAST share price drops 3% as markets shut; earnings next week in focus
7 February 2026
2 mins read

iFAST share price drops 3% as markets shut; earnings next week in focus

Singapore, Feb 7, 2026, 15:27 SGT — The session ended with markets closed.

  • iFAST shares slipped 3.2% to finish at S$9.64 on Friday
  • Shares hover close to session lows, trading volume running heavier than usual
  • iFAST’s FY2025 results are on deck for Feb 12, and investors are already positioning ahead of the release.

iFAST Corp dropped 3.2% to close at S$9.64 on Friday, with roughly 2.6 million shares changing hands. The digital wealth manager, listed in Singapore, saw its stock move between S$9.62 and S$9.90 during the session. It’s now sitting about 13% off the 52-week high of S$11.06, company figures indicate.

The stock’s slide stood out, dropping more than the wider market as Singapore’s blue-chip benchmark lost ground after a brief record streak. The Straits Times Index slipped 0.8% at the close. Shares of DBS, OCBC, and UOB also finished weaker, according to The Business Times.

Tech stocks dragged the regional indexes lower, weighing on risk sentiment. “What we’re seeing now feels more like investors de-risking and locking in gains rather than a sign that the broader tech theme is breaking down,” eToro market analyst Zavier Wong told Reuters on Friday. Reuters

SGX remains closed for the weekend, so iFAST’s next hurdle is its annual figures. The company has announced plans to post unaudited results for the year ended Dec. 31, 2025, after trading wraps on Feb. 12.

iFAST operates investment platforms catering to advisers and retail clients, and its company profile notes the business also runs a digital bank in the UK.

iFAST’s move to expand further into the advisory space is getting investor attention. On Jan. 5, the firm disclosed plans to buy a 30% stake in Financial Alliance Corporation for S$19.575 million, funding the deal with a mix of internal cash and some external debt. The acquisition still needs a green light from regulators, including Singapore’s central bank.

iFAST reported assets under administration of S$30.62 billion as of Sept. 30, 2025, according to a press release out this day. That’s the total value of client money on its platforms. “We look forward to supporting FACORP in its journey to become the first listed financial advisory company on the Singapore Exchange,” said group CEO and chairman Lim Chung Chun. iFast Corporation

Broker notes have focused less on a short-term earnings boost, emphasizing distribution and steady recurring flows instead. Aletheia Capital’s Nirgunan Tiruchelvam described the Financial Alliance deal as one that “expands iFAST’s reach into the adviser channel, supporting faster onboarding and stickier recurring flows.” He projected annual AUA growth could climb roughly 5% for FY2026-2028, according to a January report in The Edge Singapore. The Edge Singapore

Feb. 12 numbers are coming up, and traders have their eyes on client inflows—plus any sign that market swings altered trading or holdings on the platform. There’s also going to be scrutiny on where the digital bank is heading and how its costs are shaping up, since expenses can move fast in a platform setup.

The setup isn’t one-sided. Should volatility persist, asset values may slide and clients might step off the gas on risk, putting a dent in fee income. Deal approvals and integration? Those can drag out too, which means if the earnings numbers miss, there are not many quick fixes left.

Stock Market Today

  • Aker BP Share Price Surges Amid Valuation Debate
    June 9, 2026, 11:54 AM EDT. Aker BP (OB:AKRBP) shares climbed to NOK347.7, marking a 55.05% total shareholder return over one year, outperforming peers in Norway's energy sector. Despite this momentum, the stock trades at an 8.6% premium over a fair value of NOK320.11, raising questions about valuation. The company aims to sustain production above 500,000 barrels per day past 2030, backed by projects like Yggdrasil and Johan Sverdrup, supporting revenue growth. Yet, potential risks include higher emissions costs and delays in key developments. Analysts offer cautious pricing, but a discounted cash flow (DCF) model from Simply Wall St suggests a much higher intrinsic value of NOK1,769.75, indicating significant undervaluation. Investors face a valuation divide between conservative targets and optimistic cash flow projections.

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