--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000764594.md" description: "🦎 IGGY MORNING BRIEF, 29 JUNE 2026β˜• Good morning, Iguanas. SGX opens at 9 AM SGT. Here is what I am watching before the bell.OVERNIGHT US SUMMARYWall Street ended Friday mixed and quiet. The S&P 500 slipped 0.05% to 7,354, Dow fell 0.09% to 51,876, while the Nasdaq dropped 0.24% to 25,298, marking a fifth straight loss as chip stocks remained under pressure. Reports of OpenAI potentially delaying its IPO to 2027 weighed on sentiment.For the week, Nasdaq lost 4.6%, S&P 500 fell nearly 2%, while Dow gained 0.6%. A tech-led pullback with defensives holding is broadly neutral for Singapore dividend investors.SGX PRE-OPEN PULSESTI closed flat at 5,191.73, still below its record close of 5,218.96 on June 25. Brent crude eased to ~USD 72, lowest since February, as Hormuz flows normalised under the US-Iran MoU. Lower oil is a mild tailwind for REITs and industrials. USD/SGD sits around 1.29.THREE STOCKS ON IGGY'S RADARπŸ‘ Z74 SingTelYield just above 4%, but a meaningful portion comes from asset recycling rather than operating income. Watching ahead of August results. Not adding at current levels.πŸ‘ C38U CICTStrong volume interest as SORA stays low. Gearing will be a key check when I run a full forensic audit. Watching for now.πŸ‘ A17U Ascendas REITMost active industrial REIT. AI and data centre narrative driving attention. No audit yet. Not chasing without numbers.IGGY'S GAME PLANSTI is holding above 5,100 but remains below recent highs. I am not chasing. DBS flagged the World Cup period as a tactical accumulation window ahead of a potential July rally. This week, I am watching for volume recovery and whether banks, which held up last week, can sustain momentum into results season.My kopi-o costs the same as last Monday. The market may be near highs, but not everything has moved." datetime: "2026-06-29T00:47:40.000Z" locales: - [en](https://longbridge.com/en/topics/100000000764594.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000764594.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000764594.md) author: "[TheInvestingIguana](https://longbridge.com/en/profiles/22116548.md)" generator: "portal-rs" --- # 🦎 IGGY MORNING BRIEF, 29 JUNE 2026β˜• Good morning, … ### Related Stocks - [A17U.SG](https://longbridge.com/en/quote/A17U.SG.md) - [C38U.SG](https://longbridge.com/en/quote/C38U.SG.md) - [Z74.SG](https://longbridge.com/en/quote/Z74.SG.md) - [DOW.US](https://longbridge.com/en/quote/DOW.US.md) - [Z77.SG](https://longbridge.com/en/quote/Z77.SG.md) - [SGAPY.US](https://longbridge.com/en/quote/SGAPY.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) ## Comments (1) - **KopiO Β· 2026-06-29T02:35:41.000Z Β· πŸ‘ 1**: The kopi-o index never lies lol. That DBS World Cup accumulation window is the bit Im chewing on, banks holding into results season would confirm it. --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**