Singapore Airlines stock slips again as oil firms; Feb 24 update looms

Singapore, Jan 10, 2026, 15:22 SGT — Market closed

Shares ended down 0.46% on Friday, underperforming Singapore’s benchmark index
Oil settled higher, putting airline fuel costs back on the radar
Traders are lining up the next company update in late February

Singapore Airlines Ltd shares slipped 0.46% on Friday to end at S$6.43, extending a mild two-session slide into the weekend. The SGX-listed stock traded between S$6.42 and S$6.47, with about 4.25 million shares changing hands. Yahoo Finance

That move matters now because crude has jumped again, which can bleed into jet fuel costs and pressure airline margins if fares lag. Brent settled at $63.34 a barrel on Friday, while markets also focused on a U.S. Supreme Court tariff ruling due on Jan. 14 that traders see as a potential volatility trigger. Reuters

Investors have leaned on monthly operating statistics for a read on demand across Singapore Airlines and its budget arm Scoot. The latest operating statistics posted on the group’s investor relations site run through November, before the year-end holiday travel period. Singapore Airlines

On the chart, the stock has been stuck in a tight band this week, with Friday’s S$6.42 low the nearest support and the week’s S$6.49 high the first resistance. Shares closed at S$6.46 on Thursday before easing again on Friday. Investing.com

Fuel-market signals are not clean either. A Reuters analysis of derivatives pricing showed the premium for prompt U.S. West Coast jet fuel to Asia has widened to its biggest in nearly two years, and “weak demand for jet fuel in China has added to the downward pressure on Asia’s prices,” said Matias Togni, an analyst at NextBarrel. Reuters

Singapore stocks ended slightly higher on Friday, with the Straits Times Index up 0.1% at 4,744.66, leaving Singapore Airlines among the laggards into the close. The Straits Times

But the downside case is easy to sketch: if oil keeps climbing, airlines face a tougher cost backdrop just as fare competition bites. Any wobble in long-haul demand would show up fast in yields, even if planes stay full.

Singapore Airlines is scheduled to publish its FY2025/26 third-quarter business update on Feb. 24, the next clear checkpoint for guidance on demand, yields and costs. Before then, the stock’s next push may come from where it has lately — oil and jet fuel pricing — when Singapore trading resumes next week. Singapore Airlines

Shan Ahmed Khan Latest posts

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

View all

S&P 500 Shows Hidden Bear Market With 42% of Stocks Down 20% or More
March 20, 2026, 8:44 AM EDT. A Morgan Stanley analysis reveals 42% of S&P 500 stocks, over 200 companies, are in a bear market-defined as a 20% or more drop from their 52-week highs-despite the index itself being down only 4%. The software sector leads losses with 97% of stocks down at least 20%, followed by automobiles at 75% and media & entertainment at 63%. Conversely, energy and utilities show resilience. The S&P 500 recently broke below its crucial 200-day moving average (DMA) after a 214-day stretch above it. Historical data since 2000 shows that such breaks often precede short-term market declines, with an average drop of 5.3% in the following month. Medium-term outlooks show mixed results, but caution is urged, especially amid adverse macro conditions.