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Top Stock Market Highlights of the Week: Grab Holdings, UOB, SpaceX and CapitaLand Ascott Trust
['The Smart Investor', 'Stacked Homes', 'August', 'Sethisfy', 'Live Rich Life Free', 'Beansprout']
TheFinance.sg
This week brought a busy run of corporate news across the region.
Southeast Asia’s largest superapp lifted its full-year outlook and unveiled a fresh buyback, while one of Singapore’s big three lenders agreed to sell its four-decade-old fund management arm.
Grab’s One-Off Gain And Buyback Lift Full-Year Guidance(NASDAQ: GRAB) reported net profit of US$235 million for the second quarter of 2026 (2Q2026), up sharply from US$20 million a year ago.
The jump was driven largely by non-operating items, including a US$307 million one-off gain from the consolidation of Indonesia’s Superbank in June, partly offset by a US$183 million increase in fair-value losses on financial assets and liabilities.
Revenue rose 22% year on year (YoY) to US$997 million while adjusted EBITDA...