Stocks to watch: SGX, Nio, Mapletree Logistics Trust, Parkway Life Reit, Vin’s Holdings
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 4):
Singapore Exchange (SGX) : Mercuria Energy Group is suing SGX subsidiary The Baltic Exchange, where rates are set for tankers and massive bulk carriers handling global commodity trade, according to a Bloomberg report. The suit is over hundreds of millions in alleged losses due to distortions in a key benchmark for the cost of shipping oil from the Middle East. Separately, the Monetary Authority of Singapore and SGX RegCo jointly announced on Thursday that the anticipated SGX-Nasdaq dual-listing bridge is set to launch in mid-2026. SGX shares ended Thursday 1.9 per cent or S$0.41 higher at S$21.70.
Nio : The Chinese electric vehicle maker delivered 29,356 vehicles in April 2026, a 22.8 per cent year-on-year increase. The group on Friday said that April’s tally brings its year-to-date deliveries to 112,821 vehicles, up 71 per cent from the year-ago period, but marks a pullback from the 35,486 units delivered in March. Nio’s shares closed 5 per cent or US$0.33 lower at US$6.30 on SGX on Thursday.
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