Detail

April 4, 2026

Top Stock Market Highlights of the Week: OCBC, First REIT, ST Engineering and Microsoft

The Top Stock Market Highlights of the Week reported that OCBC reached a major milestone by surpassing a S$100 billion market capitalisation, joining DBS as one of Singapore’s most valuable listed companies, while First REIT announced a significant S$471.5 million divestment of its Indonesian hospital assets as part of its portfolio restructuring. Meanwhile, ST Engineering secured new contracts worth around S$600 million, reinforcing its strong order book and position as a key engineering and defence player, and Microsoft continued to benefit from growing demand in cloud and AI, supporting its positive market momentum. These developments reflect broader investor confidence in both Singapore and global markets, with institutions such as SP playing a supporting role in nurturing talent pipelines for sectors like engineering, technology, and finance that underpin such corporate growth.

[The Smart Investor]

Tagged: