Singapore, Jan 28, 2026, 15:17 (SGT) — Regular session
- Shares of Yangzijiang Shipbuilding (Holdings) climbed in afternoon trading, rebounding from a late-January dip.
- Singapore’s benchmark STI edged lower as investors focused on global risk signals.
Shares of Yangzijiang Shipbuilding (Holdings) Ltd (SGX:BS6) nudged up 0.3% to S$3.33 by 3:08 p.m. Singapore time on Wednesday. The stock remains roughly 11% shy of the S$3.75 intraday high hit on Jan. 14. On Tuesday, it fluctuated between S$3.31 and S$3.40, with short selling—bets on a price drop—accounting for about 43% of the 20.3 million shares traded that day, according to data from SGinvestors.io. 1
The Straits Times Index (STI), Singapore’s key benchmark, slipped 0.47% in delayed trade following a 1.28% gain on Tuesday. 2
Yangzijiang’s recent action mirrors the broader market’s tug-of-war: a sharp climb early January followed by gradual profit-taking. Wednesday’s slight rebound feels more like a pause than a new surge.
The mood change largely reflects global factors. Chong Yik Ban, an analyst at Phillip Securities Research, highlighted flows driven by U.S. mega-cap earnings and “risk-on” moves that often ripple through to Singapore’s market. “If Big Tech beats expectations, global liquidity often flows into the Singapore market,” he said. 3
Traders are watching Washington closely. Vishnu Varathan, head of macro research for Asia ex-Japan at Mizuho Securities in Singapore, expects the Federal Reserve to hold policy rates steady in this week’s decision. 4
Shares of Seatrium Ltd in Singapore’s wider marine and offshore sector edged up 0.96% in delayed trading. 5
For shipbuilders, daily trading often swings on factors far outside the shipyard: freight demand, buyers’ credit access, and the urgency of owners to secure new vessels. When sentiment sours, the sector can get volatile—even if no new company updates emerge.
The downside is clear cut. If new orders dip or customers start pushing back on deliveries and payments, cash flow forecasts could take a hit, weighing on the stock’s recent support.
In the near term, eyes will be on whether the counter can maintain its late-January floor and if Singapore’s broader risk appetite settles following Tuesday’s jump. An increase in turnover, minus the heavy short-selling that hit Tuesday, would provide a key signal.
According to Investing.com’s earnings calendar, the next major event for the company is its earnings release set for March 4. 6
