SINGAPORE, Jan 21, 2026, 15:34 SGT — Regular session
- Shares of CapitaLand Investment dipped roughly 1.3% in afternoon trading, snapping a two-day winning streak.
- Tariff concerns and geopolitical tensions pushed investors toward safe havens, dragging down Singapore and wider Asian markets in a risk-off mood.
- Attention now shifts to CapitaLand Investment’s full-year results set for Feb 11, following several CapitaLand-managed trusts reporting in late January and early February.
Shares of CapitaLand Investment Limited slipped 1.35% to S$2.93 by 3:18 p.m. local time on Wednesday afternoon. (SG Investors)
The pullback unfolded as investors shifted into a defensive posture — a “risk-off” move — following renewed geopolitical tensions and tariff chatter that unsettled markets. “The ‘sell America’ trade fueled major market moves overnight,” said Mantas Vanagas, senior economist at Westpac, after Wall Street’s drop and gold surged to a fresh record of $4,865 an ounce. (Reuters)
The dollar’s decline deepened the jittery mood in currencies, as traders prepared for fresh headline risks tied to U.S.-Europe trade relations. Investors sold off U.S. assets amid “fears of prolonged uncertainty, strained alliances, a loss of confidence in U.S. leadership,” according to Tony Sycamore, a market analyst at IG in Sydney. (Reuters)
Singapore shares followed the regional trend lower. Early trade saw the Straits Times Index drop 0.6%, according to The Business Times, and it last stood around 4,798.77, down roughly 0.61%. (The Business Times)
CapitaLand Investment’s recent rally hit a pause after gains of 1.37% on Monday and 0.34% on Tuesday. Wednesday’s trading saw the stock fluctuate between S$2.92 and S$2.96, with volume hitting about 5.56 million shares, according to Investing. It remains just shy of its 52-week peak at S$2.99.
Not all investors are seeking shelter. Julius Baer called Singapore a “safe harbour” in its 2026 outlook. Mark Matthews, head of Asia research, predicts the Singapore dollar will gain this year and forecasts roughly 8% growth in corporate earnings. (The Business Times)
Investors in CapitaLand Investment are focusing less on daily market moves and more on fees and capital flows. The firm’s earnings depend heavily on how much it can raise, deploy, and manage — figures that often get repriced sharply when interest rates shift or markets become jittery.
The broader market has swung unevenly over the last two sessions. Singapore’s key index, the STI, closed 0.1% lower Tuesday at 4,828, The Straits Times reports. (The Straits Times)
The downside is clear: if tariff talk heats up again or bond yields climb, investors might keep selling off rate-sensitive property and REIT stocks. A disappointing earnings report or wary comments on fundraising could turn a mild retreat into a more persistent slide.
CapitaLand Investment will unveil its unaudited full-year 2025 results on Wednesday, Feb 11, before the market opens, according to a company filing. Several listed trusts under its management are also set to report around the same period, with releases scheduled in late January and early February. These include CapitaLand Ascott Trust, CapitaLand Ascendas REIT, and CapitaLand Integrated Commercial Trust. (Sgx)
