Singapore NODX increased by 9.3% in January 2026.

Year-on-year changes:

January  2026: 9.3%

December 2025: 6.1%

November 2025: 11.5%

October 2025: 22.2%

September 2025: 6.9%

August 2025: -11.3%

July 2025: -4.6%

June 2025: 13%

May 2025: -3.5%

April 2025:12.4%

March 2025: 5.4%

February 2025: 7.6%

January 2025: -2.1%

December 2024: 9%

November 2024: 3.4%

October 2024: -4.6%

September 2024: 2.7%

August 2024: 10.7%

July 2024: 15.7%

June 2024: -8.7%

May 2024: -0.1%

April 2024: -9.6%

March 2024: -20.7%

February 2024: -0.1%

January 2024: +16.8%

Mapletree Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/16/24	Kim Eng	Mapletree Logistics	1.27	1.6	Buy	DDM
01/02/25	UOB Kay Hian	Mapletree Logistics	1.27	1.45	Hold	DDM
01/02/25	JPM	Mapletree Logistics	1.27	2.5	Overweight
01/02/25	CIMB	Mapletree Logistics	1.27	1.73	Add
01/03/25	UOB Kay Hian	Mapletree Logistics	1.29	1.41	Hold	DDM
01/17/25	Lim & Tan	Mapletree Logistics	1.27	1.56	Accumulate
01/22/25	DBS Vickers	Mapletree Logistics	1.27	1.75	Buy	PB1x
01/23/25	UOB Kay Hian	Mapletree Logistics	1.27	1.35	Hold	DDM
01/23/25	MorningStar	Mapletree Logistics	1.27	1.54	Buy
03/06/25	UOB Kay Hian	Mapletree Logistics	1.25	1.35	Hold	DDM
03/06/25	JPM	Mapletree Logistics	1.25	1.9	Underweight
04/01/25	UOB Kay Hian	Mapletree Logistics	1.31	1.35	Hold	DDM
04/24/25	DBS Vickers	Mapletree Logistics	1.21	1.55	Buy	DCF
04/25/25	UOB Kay Hian	Mapletree Logistics	1.16	1.31	Hold	DDM
04/25/25	CIMB	Mapletree Logistics	1.16	1.63	Add
05/13/25	DBS Vickers	Mapletree Logistics	1.08	1.55	Buy	DCF
05/21/25	UOB Kay Hian	Mapletree Logistics	1.09	1.31	Hold	DDM
06/27/25	UOB Kay Hian	Mapletree Logistics	1.16	1.43	Hold	DDM
07/24/25	DBS Vickers	Mapletree Logistics	1.21	1.55	Buy	DCF
07/24/25	OCBC	Mapletree Logistics	1.21	1.46	Buy
07/25/25	UOB Kay Hian	Mapletree Logistics	1.19	1.33	Hold	DDM
09/01/25	UOB Kay Hian	Mapletree Logistics	1.22	1.33	Hold	DDM
10/28/25	JPM	Mapletree Logistics	1.3	1.5	Overweight
10/29/25	DBS Vickers	Mapletree Logistics	1.33	1.55	Buy	DCF
10/30/25	CIMB	Mapletree Logistics	1.36	1.68	Add	DDM
10/31/25	UOB Kay Hian	Mapletree Logistics	1.35	1.38	Hold	DDM
11/18/25	DBS Vickers	Mapletree Logistics	1.29	1.55	Buy	DCF
01/19/26	DBS Vickers	Mapletree Logistics	1.36	1.55	Buy	DCF
01/27/26	CIMB	Mapletree Logistics	1.353	1.68	Add	DDM
01/28/26	UOB Kay Hian	Mapletree Logistics	1.37	1.38	Hold	DDM
01/28/26	Lim & Tan	Mapletree Logistics	1.37	1.41	Hold

Mapletree Industrial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/02/25	UOB Kay Hian	Mapletree Industrial	2.21	3.05	Buy	DDM
01/23/25	Lim & Tan	Mapletree Industrial	2.21	2.62	Accumulate
01/24/25	CIMB	Mapletree Industrial	2.21	2.82	Add	DDM
01/27/25	UOB Kay Hian	Mapletree Industrial	2.21	2.89	Buy	DDM
02/12/25	UOB Kay Hian	Mapletree Industrial	2.06	2.7	Buy	DDM
02/12/25	Kim Eng	Mapletree Industrial	2.06	2.3	Buy
03/06/25	UOB Kay Hian	Mapletree Industrial	2.01	2.7	Buy	DDM
03/17/25	DBS Vickers	Mapletree Industrial	2.08	2.6	Buy	DCF
04/01/25	UOB Kay Hian	Mapletree Industrial	2.1	2.7	Buy	DDM
04/24/25	Lim & Tan	Mapletree Industrial	2.05	2.45	Buy
05/02/25	DBS Vickers	Mapletree Industrial	2.02	2.6	Buy	DCF
05/02/25	Lim & Tan	Mapletree Industrial	2.02	2.42	Buy
05/05/25	UOB Kay Hian	Mapletree Industrial	2.02	2.73	Buy	DDM
05/05/25	CIMB	Mapletree Industrial	2.02	2.56	Add	DDM
05/07/25	Kim Eng	Mapletree Industrial	2.02	2.2	Buy
05/07/25	OCBC	Mapletree Industrial	2.02	2.46	Buy
06/13/25	DBS Vickers	Mapletree Industrial	1.95	2.6	Buy	DCF
06/20/25	UOB Kay Hian	Mapletree Industrial	1.97	2.73	Buy	DDM
06/25/25	Lim & Tan	Mapletree Industrial	1.97	2.28	Buy
06/27/25	UOB Kay Hian	Mapletree Industrial	2	3.04	Buy	DDM
07/29/25	DBS Vickers	Mapletree Industrial	2.07	2.6	Buy	DCF
08/01/25	UOB Kay Hian	Mapletree Industrial	2.03	3.04	Buy	DDM
08/11/25	DBS Vickers	Mapletree Industrial	1.99	2.6	Buy	DCF
08/29/25	UOB Kay Hian	Mapletree Industrial	2.05	2.3	Hold	DDM
10/30/25	DBS Vickers	Mapletree Industrial	2.22	2.6	Buy	DCF
10/31/25	DBS Vickers	Mapletree Industrial	2.16	2.45	Buy	DCF
10/31/25	Lim & Tan	Mapletree Industrial	2.16	2.29	Accumulate
11/03/25	UOB Kay Hian	Mapletree Industrial	2.13	2.22	Hold	DDM
11/18/25	DBS Vickers	Mapletree Industrial	2.03	2.45	Buy	DCF
01/29/26	DBS Vickers	Mapletree Industrial	2.11	2.45	Buy	DCF
01/29/26	OCBC	Mapletree Industrial	2.11	2.34	Buy
01/29/26	Lim & Tan	Mapletree Industrial	2.11	2.21	Accumulate on weakness
01/30/26	UOB Kay Hian	Mapletree Industrial	2.1	2.22	Hold	DDM

Mapletree Commercial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/02/25	UOB Kay Hian	Mapletree Commercial	1.21	1.71	Buy	DDM
01/24/25	DBS Vickers	Mapletree Commercial	1.19	1.8	Buy	DCF
01/27/25	UOB Kay Hian	Mapletree Commercial	1.2	1.6	Buy	DDM
01/27/25	OCBC	Mapletree Commercial	1.2	1.48	Buy
01/27/25	Citi Research	Mapletree Commercial	1.2	1.47	Buy
03/06/25	UOB Kay Hian	Mapletree Commercial	1.19	1.6	Buy	DDM
04/01/25	UOB Kay Hian	Mapletree Commercial	1.25	1.6	Buy	DDM
04/25/25	DBS Vickers	Mapletree Commercial	1.22	1.8	Buy	DCF
04/28/25	UOB Kay Hian	Mapletree Commercial	1.22	1.62	Buy	DDM
04/28/25	CIMB	Mapletree Commercial	1.22	1.48	Add	DDM
04/29/25	DBS Vickers	Mapletree Commercial	1.21	1.5	Buy	DCF
04/30/25	Kim Eng	Mapletree Commercial	1.22	1.3	Buy
04/30/25	OCBC	Mapletree Commercial	1.22	1.45	Buy
04/30/25	JPM	Mapletree Commercial	1.22	1.2	Neutral
05/21/25	UOB Kay Hian	Mapletree Commercial	1.18	1.62	Buy	DDM
06/27/25	UOB Kay Hian	Mapletree Commercial	1.25	1.8	Buy	DDM
07/31/25	DBS Vickers	Mapletree Commercial	1.31	1.5	Buy	DCF
07/31/25	Kim Eng	Mapletree Commercial	1.31	1.35	Buy	DDM
08/01/25	UOB Kay Hian	Mapletree Commercial	1.29	1.8	Buy	DDM
08/04/25	UOB Kay Hian	Mapletree Commercial	1.28	1.86	Buy	DDM
08/05/25	JPM	Mapletree Commercial	1.32	1.5	Overweight
09/01/25	UOB Kay Hian	Mapletree Commercial	1.38	1.86	Buy	DDM
09/25/25	DBS Vickers	Mapletree Commercial	1.42	1.6	Buy	Sum of parts
10/01/25	CIMB	Mapletree Commercial	1.43	1.51	Add	DDM
10/23/25	UOB Kay Hian	Mapletree Commercial	1.46	1.84	Buy	DDM
10/23/25	DBS Vickers	Mapletree Commercial	1.46	1.65	Buy	Sum of parts
10/23/25	CIMB	Mapletree Commercial	1.46	1.52	Add	DDM
10/23/25	Lim & Tan	Mapletree Commercial	1.46	1.52	Hold
10/27/25	MorningStar	Mapletree Commercial	1.47	1.52	Hold
10/27/25	OCBC	Mapletree Commercial	1.47	1.45	Hold
11/04/25	DBS Vickers	Mapletree Commercial	1.48	1.65	Buy	Sum of parts
12/12/25	CIMB	Mapletree Commercial	1.43	1.52	Add	DDM
01/02/26	UOB Kay Hian	Mapletree Commercial	1.47	1.84	Buy	DDM
01/20/26	Lim & Tan	Mapletree Commercial	1.47	1.55	Hold
02/02/26	UOB Kay Hian	Mapletree Commercial	1.46	1.84	Buy	DDM
02/02/26	DBS Vickers	Mapletree Commercial	1.46	1.65	Buy	Sum of parts
02/02/26	Kim Eng	Mapletree Commercial	1.46	1.55	Buy	DDM