Singapore, Jan 26, 2026, 15:40 (SGT) — Regular session
- iFAST shares climbed, hovering near a 52-week high in afternoon trading.
- Investors are keeping an eye on Singapore’s central bank review this week, along with iFAST’s earnings due on Feb. 12.
- The company’s pending minority stake deal continues to be a key near-term focus.
Shares of iFAST Corporation Ltd SGX:AIY climbed 0.6% to S$10.43 in afternoon trading on Monday, staying just shy of a 52-week peak after reaching S$10.47 earlier. The stock fluctuated between S$10.28 and S$10.47, with roughly 861,000 shares changing hands, according to SGX data.
Shares inched up as investors in Singapore gear up for Thursday’s Monetary Authority of Singapore policy review, a major event that could sway the currency and overall risk sentiment. According to a Reuters poll, 15 out of 16 analysts predict MAS will hold its policy steady. Standard Chartered’s chief economist Edward Lee added there’s “no urgency” to make changes this month, given inflation remains in check. Reuters
Singapore’s benchmark Straits Times Index is hitting record highs, drawing focus to financial stocks that thrive when markets hold steady and investors stay active. The local dollar has strengthened over the last year, adding fuel to interest in Singapore assets.
iFAST has not released any new company disclosures on Monday. Their latest SGX announcements go back to early January and cover a proposed acquisition along with regular filings.
Earlier this month, iFAST struck a conditional deal to acquire a 30% stake in Financial Alliance Corporation for S$19.575 million in cash. The company noted this values FACORP at about 16 times FY2025 earnings and 12 times FY2026 earnings. (The price-to-earnings ratio compares stock price to profit.) iFAST plans to finance the purchase through a blend of internal funds and borrowings. CEO Lim Chung Chun expressed optimism, saying the group aims to help FACORP become the first listed financial advisory firm on the Singapore Exchange.
Investors are marking their calendars again: iFAST announced to the exchange it will publish unaudited results for the year ending Dec. 31, 2025, after market close on Feb. 12.
This matters because iFAST’s platform depends heavily on client activity and the assets it holds. Fee income tends to hold up when markets climb and trading stays active, but it can drop sharply once volatility kicks in and flows slow down.
The near-term outlook isn’t one-sided. A surprise move from MAS or a sudden shift in global risk appetite could dampen investor interest. Plus, if the Financial Alliance stake closure drags on or gets complicated, focus will remain on execution and funding issues.
Traders are set for the MAS decision and its tone on Thursday, Jan. 29. Then, eyes shift to iFAST’s earnings report due after the bell on Feb. 12. Another key event will be any update on the Financial Alliance acquisition timeline.
