City Developments (C09.SI) Market Performance and Recent Developments
Price and Trading Metrics
Closing price at 08:05 PM Central Europe on Wednesday 21 Oct 2026: SGD 7.11.
Shares traded in the last 24 hours: approximately SGD 10.7 million.
Total shares outstanding: 893.4 million.
Market capitalization: SGD 6.3 billion.
24‑hour volume: SGD 10.7 million.
200‑day simple moving average: SGD 8.34.
52‑week high: SGD 10.09 (24 Feb 2026).
52‑week low: SGD 6.65 (1 May 2026).
Month‑to‑month change: down 13.47 %.
Corporate Update
City Developments Ltd. reported mixed performance for the first three quarters of the fiscal year.
Revenue and profit remained stable in the first two quarters.
The third quarter showed a decline in both revenue and profit.
Management attributed the decline to reduced visitor numbers and the suspension of a key cable‑way project for maintenance.
The company is investing heavily to expand cable‑way capacity.
Management expects the upgraded infrastructure to enhance passenger throughput once operations resume, supporting future growth.
The slowdown raises concerns about short‑term earnings, but the company maintains confidence in the long‑term benefits of the project.
Related Stock Activity (last 24 hours)
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| Venture (V03.SI) | SGD 15.75 | –1.6 % | SGD 4.6 bn | 19.39 | Completed strategic restructuring; new entity AIOS to be listed on Canadian Securities Exchange. |
| Genting Singapore (G13.SI) | SGD 0.60 | –0.82 % | SGD 7.4 bn | 23.47 | No significant corporate action noted. |
| Uol (U14.SI) | SGD 7.90 | +0.26 % | SGD 6.4 bn | 12.48 | Continues focus on value‑unlocking strategies; market remains cautious. |
- About City Developments Ltd. City Developments Ltd. is a global real‑estate operating company with operations in 100 locations across 28 countries and regions. Listed on the Singapore Exchange, it is one of the largest corporations by market capitalization in the region. The company’s official website is www.cdl.com.sg .
