--- title: "☕️ [Task Coins Giveaway] Daily Market Talk — Board Lots Shrink, SGX Slides" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000924437.md" description: "From today you can buy DBS, OCBC, UOB and SGX in lots of 10 instead of 100. SGX itself fell 7% on Friday with no announcement behind it. In the US, September added just 29,000 jobs, October hike odds ..." datetime: "2026-10-05T02:37:20.000Z" locales: - [en](https://longbridge.com/en/topics/100000000924437.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000924437.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000924437.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # ☕️ [Task Coins Giveaway] Daily Market Talk — Board Lots Shrink, SGX Slides From today you can buy DBS, OCBC, UOB and SGX in lots of 10 instead of 100. SGX itself fell **7%** on Friday with no announcement behind it. In the US, September added just **29,000** jobs, October hike odds fell to about one in five, and the Nasdaq closed at a record. Let's dig in 👇 **💬 Lots of 10 start today: are you buying DBS, or catching SGX after its 7% drop?** ## 📊 Quick Recap — What Moved & Why ### 🇺🇸 US — Bad Jobs, Good Stocks **🔑 Key Event:** Payrolls rose only **29,000** in September, missing every estimate, and unemployment ticked up to **4.2%**. Traders read it as the Fed losing its case for an October hike: odds dropped to about **20%** from roughly 70% a week ago. **S&P 500** **+0.7%****, Nasdaq** **+1.2%** **to a record, Dow** **+0.5%****.** Nvidia hit an intraday record of **$237.88** after Morgan Stanley put it back as its top chip pick with a **$300** target, closing **+1.3%**. > @Fattycat**:** In today's environment, bad economic news often turns into good news for share prices. **👀 Other to Watch** - **Storage** → Toshiba plans to double its AI data-centre hard-drive capacity by FY2027. $Western Digital(WDC.US) **-10.2%**, $Seagate Tech(STX.US) **-10.2%**, and the selling spilled into $Sandisk(SNDK.US) **-3.8%** and $Micron Tech(MU.US) **-2.1%**. - $Broadcom(AVGO.US) **+3.3%** → banks are reportedly raising **$60B** of chip financing to supply Anthropic and others. OpenAI was reported last week to be raising **$30B** at about **$1.4T**, pushing its IPO to 2027. ### 🇸🇬 Singapore — SGX Slides Into Its Own Reform Day **🔑 Key Event:** SGX dropped **-7.2%** to **S$20.99** on Friday with no company announcement, and is down about **-1%** more this morning, the same day its board lot cut kicks in. STI fell **-0.6%** to 5,634.82 on Friday and is up about **+0.4%** this morning. DBS is about **+0.8%**, OCBC **+0.3%**, UOB **-0.7%**. > @LazyCat**:** SGX's fall is really painful to see... There are no negative catalysts. **👀 Other to Watch** - $CityDev(C09.SG) → down over **14%** last week after its three-year road map, but its Lucerne Grand launch sold **61%** of 570 units at **S$2,480 psf** over the weekend. - $AEM SGD(AWX.SG) → up about **+2.4%** this morning after Singapore's September electronics PMI hit **52.9**, the highest since January 2018. - $DFIRG USD(D01.SG) → **-8.8%** on Friday, giving back all of Thursday's Starbucks-plan pop. - $Far East Orchard(O10.SG) → buying **42%** more of Far East Hospitality Trust's managers for **S$28.3M**. ### 🇭🇰 HK/China — Holiday Hangover Eases **🔑 Key Event:** Hang Seng fell **-2.6%** on Friday as it caught up with Thursday's bond rout and oil spike after the National Day break, and is roughly flat this morning. Despite the selloff, Hong Kong share sales hit a record **US$47.5B** in the third quarter on AI listings. ### 🌍 Other to Watch - 🛢️ **Oil** → Brent pushed above **$103** early Monday after Yemen's Houthis fired missiles and drones at Saudi Aramco sites in Riyadh and Khurais. Iran says Hormuz stays shut until seven conditions are met, while Iraq shipped **2 million barrels** through the strait on its own tanker for the first time in decades. - 🇸🇦 **Saudi pricing** → Aramco unexpectedly cut its November Arab Light price for Asia to a **$5** discount, the widest since June 2020. OPEC+ kept November targets unchanged. - 📉 **Bonds** → the 10-year is still near its highest since 2002. This week's 10- and 30-year auctions test demand. > @relf**:** At some point, people are going to wonder if a "risk free" 5% is good enough. ## 📅 Upcoming Key Events | **When (SGT)** | **What** | | --------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------- | | **Mon 5 Oct (today)** | 🇸🇬 Singapore retail sales, 1pm **🇺🇸 ISM services, 10pm** | | **Tue 6 Oct** | 🇺🇸 Trade balance, 8:30pm | | **Thu 8 Oct** | 🇺🇸 10-year auction, 1am **🇺🇸 Fed September minutes, 2am** 🇸🇬 Jardine C&C ex-dividend 🇺🇸 PepsiCo results, pre-market 🇺🇸 Jobless claims, 8:30pm | | **Fri 9 Oct** | 🇺🇸 30-year auction, 1am 🇺🇸 UMich consumer sentiment, 10pm | | **Watching** | 🌍 Hormuz talks and Houthi attacks on Saudi sites | 👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨ 🚫 No duplicates · ⏰ Deadline: Oct 5, 2026, 11:59 PM SGT Not investment advice, just market talk 🙏 ### Related Stocks - [C09.SG](https://longbridge.com/en/quote/C09.SG.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [AWX.SG](https://longbridge.com/en/quote/AWX.SG.md) - [O39.SG](https://longbridge.com/en/quote/O39.SG.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [D05.SG](https://longbridge.com/en/quote/D05.SG.md) - [S68.SG](https://longbridge.com/en/quote/S68.SG.md) - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) ## Comments (55) - **NewUser_hCn26 · 2026-10-06T14:33:39.000Z**: Lower lot sizes democratize access to core Singapore banks, expanding retail participation. Meanwhile, SGX's unannounced drop creates a tactical dip-buying opportunity as softer U.S. payrolls curb Fed hike expectations. - **Shyon · 2026-10-05T20:55:28.000Z · 👍 1**: I am more interested in $DBS(D05.SG) and the new board lot of 10 shares than chasing $SGX(S68.SG) after its 7% drop. The lower lot size makes it much easier for retail investors like me to build a position gradually, especially through DCA. DBS remains one of the Singapore counters I am comfortable - **NewUser_zS0M8w · 2026-10-05T14:17:11.000Z**: The reduced board lot size for SGX stocks are now live, and I expect to see increased trading volume for the typical blue chip bank stocks. One thing I'm taking note of is also the upcoming Xtrackers etf that is going to list on SGX in SGD. - **NewUser_oPJWOU · 2026-10-05T14:11:34.000Z**: Our local banks have been rather stagnant, closing slightly higher by the end of the day. Turnover has been slightly higher since the start of the reduced board lot size, which is great as it is now more affordable for investors to DCA. However, I also do think that this would allow traders more opp - **LazyCat · 2026-10-05T13:41:17.000Z**: hmmm, seems like the lowering of the board lot size diminished the interest in UOB, with it falling while DBS and OCBC climbed. - **Vt3 · 2026-10-05T13:21:32.000Z**: Today nobody keen to say about 🇺🇸 guess nothing to say anymore 🇺🇸🎲🤣🤣🤣 - **NewUser_ThinkSwim · 2026-10-05T12:00:13.000Z**: After the implementation of the stocks, the three banks will be good if it ever went to 52 weeks low to buy for the long term if the core business and guidance has not been changed too dramatically. DCA slowly will always beat in the long terms 5 to 10 years and above. - **koolgal · 2026-10-05T10:17:08.000Z · 👍 1**: 🌟🌟🌟Today is a special day for small retail investors in Singapore as the SGX has officially slashed the minimum board lot size from 100 shares down to just 10 shares for 11 of its highest priced blue chip stocks. This makes it massively accessible for retail investors with smaller budgets to get a - **NewUser_CkrdqW · 2026-10-05T10:04:53.000Z**: I think we will be seeing a sideways market for some time without any major catalyst. Friday's job reports was weaker than expected, prompting October rate hike probability to plummet and S&P to recover 0.7%. Back home, the STI index is also just about holding on, without any major drawdown nor - **FaithAnchor · 2026-10-05T07:15:54.000Z · 👍 1**: $CityDev(C09.SG)CDL falling over 14% after its 3-year roadmap feels harsh. Investors seem to be asking, “Show me the results.” Still, I’d take some comfort from Lucerne Grand — over 60% sold on opening weekend shows buyers are still there. - **Ally · 2026-10-05T06:55:30.000Z**: Great news that investors can now buy smaller lots of SG shares such as DBS. It will really encourage people to invest. - **dingdongbell · 2026-10-05T06:31:08.000Z · 👍 1**: Labour marker is not as strong as expected. It will be hilarious if the Fed has to stop being hawkish so quickly especially if inflation and labour support a dovish take. - **The · 2026-10-05T05:46:15.000Z**: Today, local banks fell.But US stocks S&P 500 +0.7%, Nasdaq +1.2%, Dow +0.5%. Nvidia, Morgan Stanley, and Broadcom increase.However, Western Digital, Seagate Tech, SanDisk, and Micron US Stocks decrease. AEM SGD Singapore stock rises. A new news for Far East Orchard to buy 42% of Far East Hospi - **Heroic Lifesaver · 2026-10-05T05:37:02.000Z**: I am looking at how the markets trend into mid-late October. So far rotation is into tech and out of financials etc. I believe tech might pull back a bit into mid-late October and how it does will be telling. - **Valenxis · 2026-10-05T05:30:29.000Z**: cheaper for investors, young, old or new, to buy some SG stocks at lesser lots with lesser costs. doubt will affect volume and price fluctuation much. still can consider a good move going forward. - **Vt3 · 2026-10-05T05:14:12.000Z · 👍 1**: I am officially also a Investor for the Big 3 onwards and upwards will be more than less haha - **TheInvestingIguana** (2026-10-05T05:21:51.000Z): Welcome to the club lol! Cheers, Iggy 🦖 - **Vt3** (2026-10-05T05:30:26.000Z): After I buy, will master its price - **Vt3** (2026-10-05T13:19:55.000Z): Money club not Elite Club yet 😜🇸🇬 - **ShortWalk · 2026-10-05T04:51:42.000Z · 👍 1**: The huge change today for SG market investors to buy 10 per lot will certainly attract frequent investing and new investors to onboard.SGX slipped probably due to global factors. Wait for SG banks to feel the impact and pullback after today 10 lot news hype that drove its prices up before pumping in - **Captain Leo** (2026-10-05T09:44:15.000Z): Deciding to wait out the 10-share lot hype before buying is a plan anyone can copy: set the entry before the news cycle sets it for you. Expecting your follow-up once the banks settle. - **新用戶_POEYmH · 2026-10-05T04:48:24.000Z · 👍 1**: The STI index keeps looking weak; bank stocks are just hovering, unable to break out. Big players see no profit and will exit—no one wants to lock up capital with no upside. Bank stocks have reduced the lot size from 100 to 10 shares to encourage retail investors to step in and support the market 😀😀 - **Fattycat** (2026-10-05T05:18:18.000Z): Healthy for market to correct for 10-20%. Stay patience. Wait for opportunities. - **Tiffany lover · 2026-10-05T04:40:17.000Z · 👍 1**: Exchange Singapore (SGX) fell -7.2% to S$20.99 last Friday without any company announcements, and continued to drop about -1% this morning, coinciding with the effective date of its whole share trading unit adjustment.What caused the continuous decline in SGX's stock price? Logically, with more acti - **Vt3 · 2026-10-05T04:37:55.000Z · 👍 1**: I almost buy Liao lol time is money haha - **Fattycat** (2026-10-05T05:14:30.000Z): Question : did you manage to get it 🤣🤭 - **Vt3** (2026-10-05T05:19:02.000Z): Just now am waiting to fill cos never do the convert back all done 💯🇸🇬 In service I liked UOB above all, but with DBS donkey years so I buy all include OCBC - **Vt3** (2026-10-05T13:18:51.000Z): When I wanted something, I always will get it 😜💯 --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**