{"id":25809,"date":"2026-01-05T04:57:40","date_gmt":"2026-01-04T20:57:40","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=25809"},"modified":"2026-01-05T04:57:40","modified_gmt":"2026-01-04T20:57:40","slug":"gdp-surprise-uob-buyback-and-global-rates-to-watch-before-jan-5-open","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=25809","title":{"rendered":"GDP surprise, UOB buyback and global rates to watch before Jan 5 open"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p>SINGAPORE, Jan 4, 2026, 14:40 ET \u2014 Market closed<\/p>\n<ul class=\"wp-block-list\">\n<li>Singapore\u2019s economy grew 4.8% in 2025, its fastest pace since 2021, according to advance estimates.\u00a0 <a href=\"https:\/\/www.mti.gov.sg\/newsroom\/singapore-s-gdp-grew-by-5-7-per-cent-in-the-fourth-quarter-of-2025-and-by-4-8-per-cent-in-2025\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Ministry of Trade and Industry<\/a><\/li>\n<li>The Straits Times Index last closed up 0.2% at 4,656.12 on Jan. 2.\u00a0 <a href=\"https:\/\/finance.yahoo.com\/quote\/%5ESTI\/history\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a><\/li>\n<li>UOB disclosed a fresh on-market share buyback; Wall Street ended Friday mixed as yields and the dollar firmed.\u00a0 <a href=\"https:\/\/links.sgx.com\/1.0.0\/corporate-announcements\/X55LRUSZ5WKLYGQU\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Sgx<\/a><\/li>\n<\/ul>\n<p>Singapore shares head into Monday\u2019s open with a stronger domestic growth backdrop after official data showed the economy expanded 4.8% in 2025, lifted by a 5.7% rise in fourth-quarter GDP.\u00a0 <a href=\"https:\/\/www.mti.gov.sg\/newsroom\/singapore-s-gdp-grew-by-5-7-per-cent-in-the-fourth-quarter-of-2025-and-by-4-8-per-cent-in-2025\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Ministry of Trade and Industry<\/a><\/p>\n<p>That matters now because the advance estimates set expectations for early-2026 policy and profit outlooks, with investors also watching whether export-driven sectors can extend momentum as global rates stay sticky.\u00a0 <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/singapore-q4-gdp-up-57-yy-preliminary-data-shows-2026-01-02\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n<p>The benchmark Straits Times Index (STI) ended Friday\u2019s session up 0.2% at 4,656.12, with traders likely to treat the 4,650 area as a near-term line in the sand ahead of the new week.\u00a0 <a href=\"https:\/\/finance.yahoo.com\/quote\/%5ESTI\/history\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a><\/p>\n<p>Overnight cues were steady but not uniform. The Dow rose 0.66% and the S&amp;P 500 gained 0.19% on Friday, while the Nasdaq slipped 0.03%; the U.S. 10-year yield rose to 4.191% and the dollar index ticked higher.\u00a0 <a href=\"https:\/\/www.reuters.com\/world\/china\/global-markets-global-markets-2026-01-02\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n<p>Energy was a mild drag on inflation-sensitive sentiment. Brent settled at $60.75 a barrel and U.S. crude at $57.32 on Jan. 2, while OPEC+ kept output steady for the first quarter, Reuters reported.\u00a0 <a href=\"https:\/\/www.reuters.com\/business\/energy\/oil-edges-higher-following-biggest-annual-loss-since-2020-2026-01-02\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n<p>In single-stock focus, United Overseas Bank said it bought back 39,000 shares on-market on Jan. 2 at S$35.10\u2013S$35.41, cancelling the shares \u2014 a buyback is when a company repurchases stock to reduce share count.\u00a0 <a href=\"https:\/\/links.sgx.com\/1.0.0\/corporate-announcements\/X55LRUSZ5WKLYGQU\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Sgx<\/a><\/p>\n<p>Singtel may also draw interest after filing a release that its associate Globe Telecom and Singtel-owned NCS completed a joint venture in the Philippines, expanding \u201cdigital, cloud, data and AI services\u201d capabilities via the combined platform.\u00a0 <a href=\"https:\/\/links.sgx.com\/1.0.0\/corporate-announcements\/N39AIM1TJN44CX1J\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Sgx<\/a><\/p>\n<p>On the macro beat, the growth surprise was driven by manufacturing clusters including electronics, and OCBC economist Selena Ling called 2025 a \u201cstunning year,\u201d in a Reuters report.\u00a0 <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/singapore-q4-gdp-up-57-yy-preliminary-data-shows-2026-01-02\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n<p>Investors are also weighing the policy runway. The Ministry of Trade and Industry\u2019s current 2026 GDP forecast is 1% to 3%, and the Monetary Authority of Singapore\u2019s next policy review is due later in January.\u00a0 <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/singapore-q4-gdp-up-57-yy-preliminary-data-shows-2026-01-02\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n<p>A key risk is that external demand cools faster than expected if trade frictions intensify, or if higher global yields and a firmer dollar tighten financial conditions for rate-sensitive sectors.\u00a0 <a href=\"https:\/\/www.reuters.com\/world\/china\/global-markets-global-markets-2026-01-02\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n<p>What\u2019s next is a two-part test: the STI\u2019s reaction to the GDP print at Monday\u2019s open, and a global calendar packed with U.S. data, capped by next Friday\u2019s U.S. payrolls report.\u00a0 <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/dollar-makes-soft-start-2026-after-sharpest-drop-8-years-2026-01-02\/?utm_source=ts2.tech\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/ts2.tech\/en\/singapore-stock-market-gdp-surprise-uob-buyback-and-global-rates-to-watch-before-jan-5-open\/\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, Jan 4, 2026, 14:40 ET \u2014 Market closed Singapore\u2019s economy grew 4.8% in 2025, its fastest pace since 2021, according to advance estimates.\u00a0 Ministry&#8230;<\/p>\n","protected":false},"author":1,"featured_media":25810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-25809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/25809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25809"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/25809\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/25810"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}