Singapore, Jan 20, 2026, 15:14 SGT — Regular session
- Seatrium shares edged down further in afternoon trading, deepening Monday’s steep decline.
- Risk appetite remains fragile amid fresh tariff threats and ongoing geopolitical headlines.
- Investors are eyeing the Feb. 1 tariff implementation and Seatrium’s results due Feb. 20 for clues on the market’s next move.
Seatrium Limited shares slipped 0.9% to S$2.14 in afternoon trading Tuesday, building on the selloff from the day before. The stock swung between S$2.12 and S$2.17, after closing at S$2.16 previously. (Google)
The drop follows Monday’s 3.6% plunge that left Seatrium at the bottom of Singapore’s Straits Times Index. The index itself slipped 0.3% as investors grew wary amid rising geopolitical tensions. “Once tariffs are reframed as geopolitical instruments, markets stop asking how big the levy is and start asking what else is now in play,” said Stephen Innes, managing partner at SPI Asset Management. (The Straits Times)
Seatrium falls into the market’s cyclical category, meaning investors tend to pull back fast when news stirs price swings. In such times, overall market mood can outweigh the impact of any company-specific updates for a short stretch.
The recent market jitters stem from fresh tariff threats by U.S. President Donald Trump, who announced plans to slap an additional 10% tariff on imports from Britain and seven other European countries starting Feb. 1. That rate would jump to 25% by June 1 if no agreement on Greenland is reached. (Reuters)
Currency markets have mirrored the shift, with investors reviving the “Sell America” trade—where U.S. stocks, government bonds, and the dollar all slide together. Tony Sycamore, market analyst at IG in Sydney, noted that investors are offloading dollar assets amid “fears of prolonged uncertainty, strained alliances, a loss of confidence in U.S. leadership, potential retaliation and an acceleration of de-dollarisation trends.” (Reuters)
Seatrium feels the impact of shifts in risk appetite sharply, given its focus on big offshore and marine projects, which hinge on client budgets and confidence in execution. As a result, the stock often moves with broader market flows on days when liquidity is in demand.
There’s a catch for the bears: tariff threats aren’t new, and a quick thaw could lure buyers back to beaten-down industrial stocks. On the flip side, if tough talk turns into actual policy, cyclicals could remain stuck, with investors holding back for more clarity.
Investors are zeroing in on Seatrium’s upcoming earnings report set for Feb. 20, per Investing.com and TipRanks. The focus is on cash flow, project delivery, and clues about order intake, especially as clients rethink their 2026 budgets. (Investing)
The next key date is Feb. 1, when the new tariff tranche kicks in—unless Washington changes course. Until then, Seatrium’s shares could swing with the daily risk appetite as much as with the company’s underlying fundamentals.
