Several Singapore stocks have demonstrated improved liquidity since June, with more than 30 stocks increasing their 2025 year-to-date (YTD) Average Daily Turnover (ADT) to above S$100,000, up from below S$100,000 in the first half of 2025. This improvement is reflected in higher ADT and narrower bid-ask spreads, alongside valuation accretion through rising Price-to-Book (P/B) ratios.
Among these, Sanli Env’s YTD ADT surged from S$17,000 as of 30 June to S$488,000 by 12 September, with its P/B ratio increasing from 1.0x to 2.4x. Sunpower also saw its bid-ask spread narrow significantly, from 701 basis points (bps) in late June to 113 bps last week.
Seven stocks, including PropNex and Samudera Shipping Line, have seen their YTD ADT rise to over S$1 million since June. PropNex reported a 122% year-on-year increase in attributable profit for the first half of the financial year 2025, whilst Samudera Shipping Line reported a 100% increase.
Additionally, Oiltek International, which transferred from Catalist to the Mainboard on 6 June, reported a 37.1% year-on-year growth in attributable profit for the first half of the financial year 2025. The company also secured RM74.3 million in new contracts from Malaysia, Indonesia, and Pakistan.
Overall, these developments highlight a significant shift in market dynamics, with increased investor interest and improved trading conditions for several stocks on the Singapore Exchange. As these trends continue, they may influence future market performance and investor strategies.
