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1 day ago, 07:12 PM
🦎 IGGY MORNING BRIEF, 13 AUG 2026
☕ Good morning, Iguanas. SGX opens 9 am SGT.
OVERNIGHT US SUMMARY
Wall Street firmed Wednesday. Dow flat (-0.04% to 53,770.27). S&P 500 +0.26% to 7,748.50, snapping a two-day losing streak. Nasdaq +0.54% to 26,588.49. Softer US inflation and continued AI capex momentum drove gains. VIX eased to 14.55. Quiet, constructive session—no direct SGX read-through.
SGX PRE-OPEN PULSE
STI closed yesterday at 5,720.8 (-0.58%). USD/SGD at 1.2801. Brent crude ~$88.98/bbl, pause after recent run.
SINGAPORE NEWS ON IGGY’S RADAR
🌾 Wilmar International 1H2026: Core net profit +10% to $641.5m USD; pre-tax profit +13% to $1.06b. Feed/Industrial Products and Food Products segments led. Solid, unspectacular—steady improvement for income-focused holders.
🏬 CapitaLand Integrated Commercial Trust (CICT): 1H2026 DPU +7.1% to 6.02¢. Gross revenue +7.5% to $846.8m; NPI +8.7% to $630.5m. Genuine distribution growth backed by real revenue and NPI—not financial engineering. Watch if pace holds into 2H.
🔋 ComfortDelGro: Launches CDG Energy, taking full ownership of EV charging JV. Expands into fleet electrification and energy management. Strategic diversification—not a numbers story today, but signals next growth leg.
IGGY’S GAME PLAN
CICT’s distribution growth is today’s focus—real revenue and NPI behind a DPU hike is worth digging into beyond the headline. Wilmar’s steady profit growth reminds that not every good result needs drama to matter for income portfolios. Nothing shifts my yield discipline, but CICT merits a closer look once full-year picture emerges.
Not financial advice. Iggy’s Forensic Compliance Standards apply.
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