Singapore Airlines has publicly defended its investment in Air India, a move that is expected to support the stock as trading resumes on Monday.
The national carrier addressed concerns regarding its joint venture on Friday, aiming to reassure stakeholders about the long-term viability of the partnership.
The statement arrives on the heels of a strong performance for SIA shares, which surged 5.8% over the previous week.
The stock closed at S$7.65 on June 26, outperforming many regional peers as investors capitalized on a broad risk-on rally across Asian equity markets.
The carrier’s ability to maintain momentum will depend on whether this strategic clarity translates into sustained buying interest.
Far East Orchard is also on the radar for Monday trading, though specific catalysts for the property developer remain less defined in current reports.