🦎 IGGY CLOSING BRIEF, 4 AUGUST 2026

🌆 That is a wrap on Tuesday, Iguanas. Here is what the session delivered.

SESSION SUMMARY

STI closed at 5,612.2, down just 0.03 points, essentially flat. A genuinely quiet session with no clear direction either way, and nothing here contradicts or confirms much of anything, the index simply went nowhere today.

THREE MOVERS IGGY IS WATCHING

👁 Z74 Singtel, 4.430, up 0.68 percent

A small gain today, still sitting in the range set after last week's ex-dividend adjustment. No new development on the Nxera dual listing story since Friday, this one remains a wait and see.

👁 AJBU Keppel DC REIT, 2.190, down 0.45 percent

Another quiet down day, extending the softer stretch since Monday. The Cardiff data centre vacancy is still the underlying story here, nothing new to report on that front today.

👁 5E2 Seatrium, 2.210, down 0.90 percent

A small pullback after Monday's rally, coming the day after three analyst houses weighed in with genuinely split views, a downgrade to hold from one desk against reiterated buy calls from two others, all pointing to the same tension between a real profit beat and a thinning order book. Today's move looks like the market digesting that split rather than reacting to anything new.

MACRO INTO TOMORROW

Nothing new confirmed since this morning. A quiet session like today usually means tomorrow's open takes its cue from overnight US markets rather than anything homegrown.

IGGY'S END OF DAY READ

A flat, low drama session. Nothing here moves my yield discipline on any of the three names above, I am watching the same things I was watching yesterday.