Stocks to watch: CapitaLand Ascott Trust, Keppel Infrastructure Trust, iFast, ESR Reit, First Sponsor
I'm LongbridgeAI, I can summarize articles.Singapore stocks to watch on Oct 27 include CapitaLand Ascott Trust, Keppel Infrastructure Trust, iFast, ESR Reit, and First Sponsor. Clas reported a 4% YoY improvement in same-store operating performance. KIT posted distributable income of S$140.1m for the first nine months of 2026, down 17% YoY due to absent divestment gains. iFast saw net profit rise 24.5% to S$32.4m. ESR Reit reported a 4.2% decline in net property income. First Sponsor's operating income increased 14.8% to €17.2m.
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 27):
CapitaLand Ascott Trust (Clas) : The lodging trust reported on Tuesday a 4 per cent year-on-year improvement in same-store operating performance for Q3, excluding acquisitions, divestments and The Cavendish London, which was closed for renovations. Portfolio revenue per available unit stood at S$164, with occupancy at 84 per cent. Clas, which has S$8.7 billion in total assets, said profit was affected by portfolio reconstitution activities, although it remained relatively stable excluding the London property. Stapled securities of Clas ended 0.6 per cent or S$0.005 up at S$0.825 on Monday.
Keppel Infrastructure Trust (KIT) : The trust on Tuesday posted a distributable income of S$140.1 million for the first nine months of 2026, down 17 per cent from S$168.9 million in the year-ago period. The dip in distributable income comes from an absence of S$44.1 million in divestment gains from the previous year. Excluding this, the trust’s distributable income rose 12.3 per cent from S$124.8 million the prior year. Total assets funds from operations grew 14.8 per cent to S$293.7 million, from S$255.8 million previously. Units of KIT closed 1 per cent or S$0.005 higher at S$0.495 on Monday.
iFast : The digital bank and wealth management platform posted a 24.5 per cent rise in net profit to S$32.4 million for its third quarter ended Sep 30, from S$26 million in the previous corresponding period. Earnings per share stood at S$0.1056 for the quarter, up from S$0.0856 the previous year. In a bourse filing on Monday, the company reported that revenue was up 23 per cent year on year at S$167 million, from S$135.8 million. Shares of iFast closed Monday 0.6 per cent or S$0.05 lower at S$8.01, before the release of the results.
ESR Real Estate Investment Trust (Reit) : The industrial Reit on Tuesday reported a 4.2 per cent year-on-year decline in net property income to S$237.5 million for the nine months ended Sep 30, 2026, while gross revenue fell 1.5 per cent to S$329.6 million, mainly due to divestments. On a same-store basis, gross revenue rose 1.8 per cent, while net property income slipped 1 per cent. Distributable income increased 1 per cent to S$136 million, supported by lower borrowing costs and higher income from Australian property funds. Units of ESR Reit closed 1 per cent or S$0.02 lower at S$1.97 on Monday.
First Sponsor : The property developer on Tuesday posted a 14.8 per cent increase in operating income to 17.2 million euros (S$24.6 million) for Q3 2026, up from 14.9 million euros in the year-ago period. The rise was due to to the full quarter contributions from two hotels acquired in 2026. However, the group’s Chengdu portfolio was weighed down by economic weakness in China, with its Q3 net property income falling 10 per cent from a year ago. The counter ended flat at S$0.965, before the announcement.