Singapore, Jan 26, 2026, 14:54 SGT — Regular session
Shares of Singapore Telecommunications Ltd (Singtel) edged up 0.45% to S$4.46 by 2:49 p.m. It’s a modest gain, but enough to keep the stock in focus ahead of a packed week for Singapore’s markets. Filings and company updates on SGXNet have been scarce since mid-January. (SG Investors)
Macro factors are taking center stage in the near term. According to a Reuters poll, the Monetary Authority of Singapore (MAS) is likely to maintain its current policy settings when it reviews them on Thursday. Growth remains steady and inflation is under control. Tay Qi Hang, an analyst at Economist Intelligence Unit Asia, noted that stable core inflation has “reduced near-term pressure to ease.” (Reuters)
Telecom investors are keeping an eye on domestic industry trends. StarHub CEO Nikhil Eapen told The Straits Times the sector must break free from a “cut-throat price war.” He flagged Simba Telecom’s proposed S$1.43 billion buyout of M1 as a possible turning point for a market long squeezed by low-cost plans and MVNOs — mobile virtual network operators that resell network capacity. (The Straits Times)
Singtel kicked off trading at S$4.47, fluctuating narrowly between S$4.44 and S$4.47, with roughly 6.73 million shares swapping hands, per Investing data. It closed Friday at S$4.44.
The company’s latest headline figures continue to shape discussions. In November, Singtel posted a H1 FY26 net profit of S$3.40 billion, with underlying profit climbing 14% to S$1.35 billion. (Singtel)
Singtel’s upcoming earnings report is scheduled for Feb. 18, according to Investing.com. This date could be key for signals on dividend outlook and updates on its main business. (Investing)
The MAS meeting isn’t just about currency traders. The central bank manages policy via the S$NEER, a trade-weighted band for the Singapore dollar, and even a subtle signal of change can send waves through rate-sensitive parts of the market, including high-dividend stocks.
That said, things could still derail. An unexpected shift in MAS signals or a spike in inflation worries might slam “defensives” long viewed as safe bets. Plus, if the planned telco consolidation stalls or faces stricter terms, the pressure on prices won’t just vanish.
At the moment, Singtel’s shift seems more like strategic positioning than a response to new company developments. Traders are focused on Thursday’s MAS statement, followed by the next earnings update due in mid-February.
