Singapore, Jan 26, 2026, 15:12 SGT — Regular session
- ST Engineering shares climbed 0.3% in afternoon trading, hovering close to recent peaks
- Singapore investors are focused on Thursday’s MAS policy review, searching for hints on currency moves and interest rates
- The company’s Singapore Airshow showcase in early February marks the next key sector event
Shares of Singapore Technologies Engineering Ltd (ST Engineering) edged up 0.3% to S$9.39 by 3:10 p.m. in Singapore on Monday. The stock fluctuated between S$9.34 and S$9.50 during the session, with roughly 2.2 million shares traded. Over the past year, the share price has swung from a low of S$4.71 to a high of S$9.69. (SG Investors)
That modest shift is important since ST Engineering remains close to the upper end of its recent trading band, with little new company data for traders to digest. The coming sessions bring a series of catalysts that could sway Singapore’s currency—and, in turn, affect exporters and long-term contractors.
The Monetary Authority of Singapore is set to review policy on Thursday. According to a Reuters poll, 15 out of 16 analysts predict no change to current settings. Tay Qi Hang, an economist at the Intelligence Unit Asia, pointed to the “growth outperformance” and steady core inflation as factors easing immediate pressure to cut rates. Edward Lee, Standard Chartered’s chief economist, added there’s “no urgency” for a move this month. (Reuters)
Singapore’s Straits Times Index slipped roughly 0.3% by midday, per WSJ market data. ST Engineering held up a bit better than the wider market into the afternoon session. (The Wall Street Journal)
Company watchers have marked one key date: ST Engineering’s pavilion at the Singapore Airshow, set for Feb. 3–8 at Changi Exhibition Centre. The event regularly serves as a platform for aerospace and defence firms to showcase new systems and occasionally unveil new contracts. (ST Engineering)
Late last week, ST Engineering announced it had extended its partnership with LOT Polish Airlines, signing a five-year deal to maintain, repair, and overhaul the nacelles on the airline’s 15 Boeing 787s. Henrik Scholtfeldt, head of global nacelle MRO at ST Engineering, said the agreement “reflects LOT Polish Airlines’ continued trust and confidence in us.” (ST Engineering)
MRO stands for maintenance, repair and overhaul—routine jobs that help boost earnings when new plane deliveries dip. In the same statement, LOT’s Wiktor Radon highlighted predictive maintenance, calling it a source of “measurable advantages” that reduce unscheduled disruptions and improve aircraft availability.
According to a separate SGX filing, ST Engineering repurchased 500,000 shares on Jan. 20, with prices ranging from S$9.51 to S$9.60. The total cost, including expenses, was roughly S$4.78 million. (ST Engineering)
That said, the stock’s closeness to its peak has a flip side. Any unexpected move from MAS, particularly one that boosts the Singapore dollar, might dampen sentiment. On top of that, a subdued airshow or delays in turning announced projects into revenue could challenge projections.
ST Engineering usually releases its full-year results in February, making the next few weeks key for investors eager to get updates on margins and contract progress. (ST Engineering)
