📈 REIT ETFs Reach Historic AUM Heights with Rising Trading Volumes
REIT tracking ETFs were first introduced in Singapore on 20 October 2016. Last week, their combined AUM hit a new record of S$917 million. Since the end of June, their daily turnover has reached S$4.6 million, marking an increase of nearly 60% from the first half of 2024 and a 200% rise from 2023.
✋ The five ETFs that track the REIT Indices are tabled above. Read on to find out which are the 10 most traded Singapore listed ETFs in 2H24 here: bit.ly/4g2zZeQ
REIT tracking ETFs were first introduced in Singapore on 20 October 2016. Last week, their combined AUM hit a new record of S$917 million. Since the end of June, their daily turnover has reached S$4.6 million, marking an increase of nearly 60% from the first half of 2024 and a 200% rise from 2023.
✋ The five ETFs that track the REIT Indices are tabled above. Read on to find out which are the 10 most traded Singapore listed ETFs in 2H24 here: bit.ly/4g2zZeQ
🏢 Stock of the Week: Sinarmas Land (SGX: A26)
- At a market cap of S$1.1bn, Sinarmas Land (SML) is one of Indonesia's largest and most diversified property developers by land bank and market cap, also holding investments in commercial and hospitality assets globally outside of Indonesia.
- For 1H24, SML's revenue increased 28.1% to S$766.1m, and net profit grew 7.4% to S$199.3m, driven by higher sales. SML trades at a P/E of 4.1x. and ended 1H24 in a net cash position with cash & cash equivalents at S$1.5bn.
- BSD City is the flagship project of Bumi Serpong Damai Tbk, a business group under SML. On May 2024, BSD City was accorded a special economic zone (SEZ) status by the Indonesian Government, aiming to attract IDR 18.8 trillion in investments over the next 20 years.
*All data as of 26 Aug 2024
➡️ For more information on Sinarmas Land, visit bit.ly/4cGwQyj
- At a market cap of S$1.1bn, Sinarmas Land (SML) is one of Indonesia's largest and most diversified property developers by land bank and market cap, also holding investments in commercial and hospitality assets globally outside of Indonesia.
- For 1H24, SML's revenue increased 28.1% to S$766.1m, and net profit grew 7.4% to S$199.3m, driven by higher sales. SML trades at a P/E of 4.1x. and ended 1H24 in a net cash position with cash & cash equivalents at S$1.5bn.
- BSD City is the flagship project of Bumi Serpong Damai Tbk, a business group under SML. On May 2024, BSD City was accorded a special economic zone (SEZ) status by the Indonesian Government, aiming to attract IDR 18.8 trillion in investments over the next 20 years.
*All data as of 26 Aug 2024
➡️ For more information on Sinarmas Land, visit bit.ly/4cGwQyj
🇸🇬 SGX Discovery Series: Singapore Market Outlook Amid Global Recession Risks
Date/Time: 12 Sep (Thursday), 7.00pm
Location: SGX Centre 1
Global equity markets remain volatile amid increasing global recession risks. Fortunately, falling inflation rates worldwide have created a conducive environment for potential rate cuts to bolster economic growth.
Join us at our live event to hear from industry experts as they share their outlook on Fed interest rates and discuss how investors can diversify their portfolios through dividend yield-focused ETFs.
➡️ Visit bit.ly/3T6Wk0W to register.
Date/Time: 12 Sep (Thursday), 7.00pm
Location: SGX Centre 1
Global equity markets remain volatile amid increasing global recession risks. Fortunately, falling inflation rates worldwide have created a conducive environment for potential rate cuts to bolster economic growth.
Join us at our live event to hear from industry experts as they share their outlook on Fed interest rates and discuss how investors can diversify their portfolios through dividend yield-focused ETFs.
➡️ Visit bit.ly/3T6Wk0W to register.
🕹️ From 21 Aug 2024, our Structured warrant (SW) screener has been upgraded into a new Structured Products Screener, which features Daily Leveraged Certificates (DLCs), Structured Certificates (SCs) as well. The benefits include:
- Increased convenience – Gain a consolidated view of all DLC, SC and SW counters available for trading
- Enhanced search experience – Streamline your search via filters by underlying assets, listing/expiry dates etc
- Easy access to issuers’ tools – Investors may access tools via links to issuer websites
➡️ Visit bit.ly/3XkwPeR to find out more!
- Increased convenience – Gain a consolidated view of all DLC, SC and SW counters available for trading
- Enhanced search experience – Streamline your search via filters by underlying assets, listing/expiry dates etc
- Easy access to issuers’ tools – Investors may access tools via links to issuer websites
➡️ Visit bit.ly/3XkwPeR to find out more!
💡 Analyst Spotlight for 29 Aug 2024
🛢️ Bumitama Agri (P8Z): Mixed bag of results with optimistic guidance for 2H24
- Increased output and resilient crude palm oil prices may bode well for stronger financial performance in 2H24.
Full report here: bit.ly/3AHNDUw
🌆 Cromwell European REIT (CWBU): Positive reversions expected to continue
- CERT is poised to benefit from potential ECB rate cuts. Strategic divestments since 2022 have enhanced the portfolio and balance sheet, though income loss from divested properties will continue to affect DPU.
Full report here: bit.ly/4fY8wuG
✈️ China Aviation Oil (G92): On Track For Take Off
- CAO remains a beneficiary of the stronger-than-expected international air traffic in China. Measures made to facilitate ease of entry for foreign travelers into China has started to bear fruit, and will further stimulate tourism recovery in the 2H24.
Full report here: bit.ly/3AFpFci
Visit Analyst Research page for more broker research reports: bit.ly/3LOsCd7
🛢️ Bumitama Agri (P8Z): Mixed bag of results with optimistic guidance for 2H24
- Increased output and resilient crude palm oil prices may bode well for stronger financial performance in 2H24.
Full report here: bit.ly/3AHNDUw
🌆 Cromwell European REIT (CWBU): Positive reversions expected to continue
- CERT is poised to benefit from potential ECB rate cuts. Strategic divestments since 2022 have enhanced the portfolio and balance sheet, though income loss from divested properties will continue to affect DPU.
Full report here: bit.ly/4fY8wuG
✈️ China Aviation Oil (G92): On Track For Take Off
- CAO remains a beneficiary of the stronger-than-expected international air traffic in China. Measures made to facilitate ease of entry for foreign travelers into China has started to bear fruit, and will further stimulate tourism recovery in the 2H24.
Full report here: bit.ly/3AFpFci
Visit Analyst Research page for more broker research reports: bit.ly/3LOsCd7
clean_Beansprout_ASEAN_Telco_Sector_49ef8b8368.pdf
2.4 MB
🌱 [Partner’s Post] Singtel’s associate, Intouch, to merge with Gulf Energy
Gulf Energy and Intouch, Advanced Info Service’s (AIS) largest shareholder, has proposed a merger to form a new listed entity – NewCo. Merger is expected to complete by Q2 2025. Impact of transaction:
💰Singtel will unlock value of assets
• To receive special dividend S$0.14B and book accounting gain S$0.39B from the merger.
• Plans to participate in voluntary tender offer for AIS to raise stake by 10% to 36.7%.
📱 AIS to benefit from industry consolidation
• Growth opportunities in digital space from synergies between power, Gulf and telco business.
• Improvements in revenues and profits with consolidation of telecom sector to a duopoly.
⚡NewCo positioned as growth company
• Expanded balance sheet to support future growth.
• Focus on green energy and expansion of digital businesses and infrastructure.
🔎 Visit bit.ly/42gOfby for more reports on the underlying Thai securities of SDRs.
Gulf Energy and Intouch, Advanced Info Service’s (AIS) largest shareholder, has proposed a merger to form a new listed entity – NewCo. Merger is expected to complete by Q2 2025. Impact of transaction:
💰Singtel will unlock value of assets
• To receive special dividend S$0.14B and book accounting gain S$0.39B from the merger.
• Plans to participate in voluntary tender offer for AIS to raise stake by 10% to 36.7%.
📱 AIS to benefit from industry consolidation
• Growth opportunities in digital space from synergies between power, Gulf and telco business.
• Improvements in revenues and profits with consolidation of telecom sector to a duopoly.
⚡NewCo positioned as growth company
• Expanded balance sheet to support future growth.
• Focus on green energy and expansion of digital businesses and infrastructure.
🔎 Visit bit.ly/42gOfby for more reports on the underlying Thai securities of SDRs.
Companies in the Spotlight
⚓ Mooreast | kopi-C | 'We're The World's Largest Drag Anchor Manufacturer' bit.ly/3AIPtV4
🔋 Gulf Energy TH SDR | Beansprout report: Energy Powerhouses in Thailand bit.ly/4e3wG52
🏬 OUE REIT | 12 Sep | SGX x REITAS Webinar: Strength in a Singapore-Centric Diversified Portfolio bit.ly/3YZHRay
⚓ Mooreast | kopi-C | 'We're The World's Largest Drag Anchor Manufacturer' bit.ly/3AIPtV4
🔋 Gulf Energy TH SDR | Beansprout report: Energy Powerhouses in Thailand bit.ly/4e3wG52
🏬 OUE REIT | 12 Sep | SGX x REITAS Webinar: Strength in a Singapore-Centric Diversified Portfolio bit.ly/3YZHRay
[Partner’s Post] 🎙️ Dive into the latest episode of FOMO Fix by PYTCH Media where we simplify the basics and benefits of ETFs.
Join our ETF Product Manager, Kang Wei Chin, as well as Hazelle from The Joyful Investors on this episode as they bust common ETF misconceptions for investors and discuss the differences between sectoral and thematic ETFs.
Unlock the secrets to ETF investing by watching this video at bit.ly/3T5f9Sc
Join our ETF Product Manager, Kang Wei Chin, as well as Hazelle from The Joyful Investors on this episode as they bust common ETF misconceptions for investors and discuss the differences between sectoral and thematic ETFs.
Unlock the secrets to ETF investing by watching this video at bit.ly/3T5f9Sc
🏭 Manufacturing and Trade Show Signs of Improvement in August
Since 6 August, the iEdge SG Adv Manufacturing Index has rebounded 5%, recovering most of the declines in the first week of the month. The top-performing actively traded stocks in the iEdge SG Adv Manufacturing Index include SATS, UG Healthcare, Medtecs Intl, ThaiBev, and Willas-Array. SATS and ThaiBev were also among the three stocks of the Index that have booked the highest net institutional inflow for the month, along with ST Engineering.
▶️ Read on to find out more about the manufacturing index stocks driving trading turnover growth in 2024: bit.ly/4dJs5W0
Since 6 August, the iEdge SG Adv Manufacturing Index has rebounded 5%, recovering most of the declines in the first week of the month. The top-performing actively traded stocks in the iEdge SG Adv Manufacturing Index include SATS, UG Healthcare, Medtecs Intl, ThaiBev, and Willas-Array. SATS and ThaiBev were also among the three stocks of the Index that have booked the highest net institutional inflow for the month, along with ST Engineering.
▶️ Read on to find out more about the manufacturing index stocks driving trading turnover growth in 2024: bit.ly/4dJs5W0
📣 Starting 2 Sep, the Forced Order Range (FOR) for Daily Leverage Certificate (DLC)will change from a fixed +/- 30 bids to a percentage-based range.
- What is FOR? – It is a safeguard at the exchange level that alerts investors when orders entered exceed price thresholds.
- Why is SGX changing the DLC FOR? – To enhance investors’ experience with order placements and trade exits.
- How does this change affect me? – You can now set orders within a recalibrated price range that reduces the need for forced orders.
➡️ Visit bit.ly/3YCFk66 to find out more!
- What is FOR? – It is a safeguard at the exchange level that alerts investors when orders entered exceed price thresholds.
- Why is SGX changing the DLC FOR? – To enhance investors’ experience with order placements and trade exits.
- How does this change affect me? – You can now set orders within a recalibrated price range that reduces the need for forced orders.
➡️ Visit bit.ly/3YCFk66 to find out more!
🦷 Stock of the Week: Q&M Dental (SGX: QC7)
- Q&M Dental Group is Singapore's largest dental healthcare group with over 100 dental clinics, with plans to explore opportunities in Singapore and Asia Pacific markets.
- The Group reported improved profitability with 1H24 profit after tax up 84% year-on-year (YoY) to S$9.8m with better margins and gains. Q&M announced an interim dividend of S$0.004 for 1H24, 150% higher YoY and representing a dividend payout ratio of 39%.
- Q&M Dental has a market cap of S$255.5m, and last closed at S$0.27.
*All data as of 2 Sep 2024
➡️ For more information on Q&M Dental, visit bit.ly/4e19qEV
- Q&M Dental Group is Singapore's largest dental healthcare group with over 100 dental clinics, with plans to explore opportunities in Singapore and Asia Pacific markets.
- The Group reported improved profitability with 1H24 profit after tax up 84% year-on-year (YoY) to S$9.8m with better margins and gains. Q&M announced an interim dividend of S$0.004 for 1H24, 150% higher YoY and representing a dividend payout ratio of 39%.
- Q&M Dental has a market cap of S$255.5m, and last closed at S$0.27.
*All data as of 2 Sep 2024
➡️ For more information on Q&M Dental, visit bit.ly/4e19qEV
[Partner’s Post] 🎙️ Introducing a new vodcast series - Be REITired, a collaboration between SGX Group, The Financial Coconut, and REITAS. In this series, we spend quality time with REIT managers to understand the risks and opportunities for their REITs.
In this episode, we sat down with Han Khim Siew, CEO of OUE REIT, one of Singapore’s most significant diversified real estate investment trusts, managing a diverse portfolio of upscale hotels and commercial office spaces. Han shares his insights on several key topics including the bifurcation in the office market and delves into the REIT’s future expansion plans in key gateway cities.
▶️ Tune in to this episode at bit.ly/47cKgRx
In this episode, we sat down with Han Khim Siew, CEO of OUE REIT, one of Singapore’s most significant diversified real estate investment trusts, managing a diverse portfolio of upscale hotels and commercial office spaces. Han shares his insights on several key topics including the bifurcation in the office market and delves into the REIT’s future expansion plans in key gateway cities.
▶️ Tune in to this episode at bit.ly/47cKgRx
Which of these best describes your current investment goal based on your life stage?
Anonymous Poll
16%
Building a foundation 💼💻
37%
Growing wealth 👔👠🧑🧑🧒🧒
33%
Preparing for retirement 🏡📊
14%
Enjoying retirement 🏖️✈️
Aside from SGX Invest, what are some of the sources of investing information do you refer to? 🔎
Anonymous Poll
56%
Media (news, radio) 🗞️📻
34%
Financial advisors, trading reps, remisiers 👨🏻💻👩🏻💼
47%
Broker research reports 🗂️
45%
Financial bloggers/KOLs 💡
🖥️ Technology Stocks that Have Booked the Most Net Institutional Buying in 2024
Over the first 8 months of 2024, the 10 stocks in Singapore’s Technology Sector with the highest NIF achieved an average price return of 10%. Including dividends, their average total return rises to 15%. These 10 stocks are evenly split between those trading below and above their 5-year average price-to-book ratio.
❓ What are the 10 most actively traded stocks in Singapore's Technology Sector? Read on to find out more: bit.ly/4eaXSPy
Over the first 8 months of 2024, the 10 stocks in Singapore’s Technology Sector with the highest NIF achieved an average price return of 10%. Including dividends, their average total return rises to 15%. These 10 stocks are evenly split between those trading below and above their 5-year average price-to-book ratio.
❓ What are the 10 most actively traded stocks in Singapore's Technology Sector? Read on to find out more: bit.ly/4eaXSPy
SGX Academy Events Coming Up
🏦 11 Sep: How to Grow your Dividends from the World's Safest Banks
🔎 12 Sep: Singapore Market Outlook Amid Global Recession Risks
🏨 17 Sep: Introduction to Singapore REITs for Income-Seeking Investors
📈 23 Sep: Make Trading your Source of Income
Visit bit.ly/44WSMRG for more educational programmes run by SGX Academy.
🏦 11 Sep: How to Grow your Dividends from the World's Safest Banks
🔎 12 Sep: Singapore Market Outlook Amid Global Recession Risks
🏨 17 Sep: Introduction to Singapore REITs for Income-Seeking Investors
📈 23 Sep: Make Trading your Source of Income
Visit bit.ly/44WSMRG for more educational programmes run by SGX Academy.
📈 Searching for income opportunities amidst falling rates environment? Gain instant exposure to REIT market through SGX-listed ETFs!
Amidst global uncertainties, a Fed rate cut in September seems likely, supported by cooling inflation and labor market data. This is positive for REITs, translating to cheaper borrowing costs and higher valuations. With Singapore being the largest REIT market in Asia-Pacific ex-Japan, SGX-listed ETFs can be a useful tool to gain Singapore and Asia market REIT exposure!
Catch Binni Ong’s (SGX Academy Trainer) video by searching “Binni Ong Singapore REITs” on Youtube, as she shares how you can capitalize on this trend using Structured Warrants (SW).
Read Dan Chang’s (Trading Representative, Philip Securities) article, as he breaks down the global rate cut narrative and discusses the benefits of investing in S-REIT ETFs.
➡️ To learn more about SWs listed on SGX, visit sgx.com/warrants.
➡️ To find out more on SGX-listed ETFs, visit sgx.com/etf.
Amidst global uncertainties, a Fed rate cut in September seems likely, supported by cooling inflation and labor market data. This is positive for REITs, translating to cheaper borrowing costs and higher valuations. With Singapore being the largest REIT market in Asia-Pacific ex-Japan, SGX-listed ETFs can be a useful tool to gain Singapore and Asia market REIT exposure!
Catch Binni Ong’s (SGX Academy Trainer) video by searching “Binni Ong Singapore REITs” on Youtube, as she shares how you can capitalize on this trend using Structured Warrants (SW).
Read Dan Chang’s (Trading Representative, Philip Securities) article, as he breaks down the global rate cut narrative and discusses the benefits of investing in S-REIT ETFs.
➡️ To learn more about SWs listed on SGX, visit sgx.com/warrants.
➡️ To find out more on SGX-listed ETFs, visit sgx.com/etf.
🌐 [Partner's Event] Active Trading Tournament 2024: Outlook & Championship
🗓️ 14 September 2024 (Sat), 9.30am
📍 SGX Auditorium
Join us for an insightful event where industry experts will discuss their thoughts on global market outlook, and the Top 5 Finalists of the Tournament will also pitch their strategies. Additionally, SGX panelists Emelia Tan, Director of Research & FinLit, and Toh Jia Yuan, Product Manager of Securitised Products, along with other industry leaders, will share valuable insights on market trends, opportunities, and strategies to navigate an ever-changing economy.
▶️ Visit bit.ly/45gzCIl for more partner events and to register.
🗓️ 14 September 2024 (Sat), 9.30am
📍 SGX Auditorium
Join us for an insightful event where industry experts will discuss their thoughts on global market outlook, and the Top 5 Finalists of the Tournament will also pitch their strategies. Additionally, SGX panelists Emelia Tan, Director of Research & FinLit, and Toh Jia Yuan, Product Manager of Securitised Products, along with other industry leaders, will share valuable insights on market trends, opportunities, and strategies to navigate an ever-changing economy.
▶️ Visit bit.ly/45gzCIl for more partner events and to register.
Companies in the Spotlight
🏢 Far East Orchard | kopi-C | 'We're building an enduring Singapore real estate enterprise' bit.ly/3XydEOQ
🚕 ComfortDelGro | ESG Brew | 'Our transition to cleaner energy vehicles will be a game-changer' bit.ly/3Sncp21
🏬 OUE REIT | 12 Sep | SGX x REITAS Webinar: Strength in a Singapore-Centric Diversified Portfolio bit.ly/3YZHRay
🏢 Far East Orchard | kopi-C | 'We're building an enduring Singapore real estate enterprise' bit.ly/3XydEOQ
🚕 ComfortDelGro | ESG Brew | 'Our transition to cleaner energy vehicles will be a game-changer' bit.ly/3Sncp21
🏬 OUE REIT | 12 Sep | SGX x REITAS Webinar: Strength in a Singapore-Centric Diversified Portfolio bit.ly/3YZHRay
📣 There will be no changes to the constituents of the Straits Times Index (STI), following the September 2024 quarterly review. Visit bit.ly/47nUQW0 for more details on the quarterly review.
📚 To learn more about the STI via infographics, check out bit.ly/45TCqKx!
📚 To learn more about the STI via infographics, check out bit.ly/45TCqKx!