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Top 5 Singapore penny stocks to watch in 2026

Singapore penny stocks offer exciting opportunities for CFD traders seeking high volatility and potential returns. These low-priced securities, typically trading under S$2, can be accessed through CFD trading platforms like IG Singapore, allowing you to trade price movements without owning the underlying shares directly.

Singapore penny stocks to watch SGX shares Source: Bloomberg

Written by

Kelvin Ong

Kelvin Ong

Financial writer

Reviewed by

Palesa Vilakazi

Palesa Vilakazi

Financial Writer

Published on:

Important to know

This article is intended for educational and informational purposes only and does not constitute any form of investment advice. Please ensure that you understand the risks and consider your specific investment objectives, financial situation or particular needs before making a commitment to trade.

Key takeaways

  • Singapore penny stocks are shares priced around S$2 or below that offer high volatility and potential returns through CFD trading, without requiring direct share ownership

  • CFD trading provides advantages including leverage, short selling capabilities and lower capital requirements, but amplifies both potential profits and losses

  • Proper risk management is essential when trading penny stock CFDs due to their high volatility, limited liquidity and leverage effects

What are Singapore penny stocks?

Singapore penny stocks refer to shares of publicly traded companies listed on the Singapore Exchange (SGX) that trade at around S$2 or below per share. These securities are particularly popular among CFD traders due to their high volatility and potential for significant price movements.

When trading Singapore penny stocks through CFDs (contracts for difference), you're trading the price movements of these stocks without actually owning the underlying shares. This approach offers several advantages including leverage, the ability to profit from both rising and falling markets, and lower capital requirements.

Many Singapore penny stocks are listed on both the SGX Mainboard and the Catalist board, covering various sectors from retail to precision engineering. These companies have experienced significant price fluctuations that create opportunities for active CFD traders.

The appeal of trading Singapore penny stocks via CFDs lies in the combination of high volatility and flexible trading capabilities. CFD traders can use leverage to amplify their exposure while maintaining the ability to enter and exit positions quickly as market conditions change.

Singapore penny stocks: advantages and risks

Why CFD traders choose Singapore penny stocks


Lower capital requirements

CFD trading allows you to gain exposure to penny stocks with a smaller initial outlay compared to buying shares directly. With leverage, you can control a larger position size while only putting down a fraction of the total value as margin.

High volatility creates opportunities

Penny stocks are known for their significant price swings, which can create numerous trading opportunities for active CFD traders. This volatility is particularly attractive for short-term trading strategies like day trading and swing trading.

Swing trading strategy (Source: IG)


Ability to profit from falling markets

Unlike traditional share ownership, CFD trading allows you to short sell penny stocks, potentially profiting when prices decline. This flexibility is especially valuable in volatile penny stock markets.

Key risks to consider


Leverage amplifies losses

While leverage can increase potential profits, it equally amplifies potential losses. A small adverse price movement can result in significant losses relative to your initial margin deposit.

High volatility cuts both ways

The same volatility that creates opportunities can also result in rapid, unpredictable losses. Penny stocks can experience dramatic price swings that may quickly move against your position.

Limited liquidity

Many penny stocks suffer from low trading volumes, which can result in wider bid-ask spreads and difficulty exiting positions quickly, particularly during volatile market conditions.

Higher risk of company failure

Penny stock companies often have weaker financial positions and may be more susceptible to business challenges, delisting or bankruptcy, which can result in total position loss.

Traders considering Singapore penny stock CFDs must have a high risk tolerance and employ robust risk management strategies including stop-loss orders, position sizing and diversification.

Top 5 Singapore penny stocks for CFD trading

 

 

Company

 

 

 

 

Latest share price*

 

 

 

 

Share price change in 2025*

 

 

 

 

Available for CFD trading with IG?

 

 

 

 

Available for investing with IG Markets SG app?

 

 

 

 

ComfortDelGro Corporation

 

 

 

 

S$1.46

 

 

 

 

-0.7%

 

 

 

 

 

 

 

 

 

 

 

 

Starhub

 

 

 

 

S$1.16

 

 

 

 

-4.9%

 

 

 

 

 

 

 

 

 

 

 

 

CSE Global

 

 

 

 

S$0.84

 

 

 

 

+101.2%

 

 

 

 

 

 

 

 

 

 

 

 

AEM Holdings

 

 

 

 

S$1.91

 

 

 

 

+31.0%

 

 

 

 

 

 

 

 

 

 

 

 

Sheng Shiong Group

 

 

 

 

S$2.32

 

 

 

 

+42.3%

 

 

 

 

 

 

 

 

 

 

*As of 28 October 2025

1. ComfortDelGro Corporation (SGX: C52)
 

  • Current price: S$1.461
  • Target price: S$1.752
  • Upside potential: +19.9%
  • Dividend yield (trailing twelve months - TTM): 5.59%3
  • 52-week performance: +8.2%

Latest earnings: ComfortDelGro reported Q3 2025 revenue of S$1.21 billion, up 3.4% year-on-year. Operating profit rose 12.1% to S$122.6 million. The company announced the acquisition of remaining shares in CityCab Pte Ltd and declared an interim dividend of S$0.021 per share.4

Technical levels: Support at S$1.44, resistance at S$1.52. Trading above 200-day moving average with moderate 2% weekly volatility.5

2. StarHub (SGX: CC3)
 

  • Current price: S$1.166
  • Target price: S$1.207
  • Upside potential: +3.4%
  • Dividend yield (TTM): 5.30%8
  • 52-week performance: −2.5%

Latest earnings: StarHub posted Q3 2025 service revenue of S$453.4 million, a 1.2% increase from the previous quarter. EBITDA margin remained stable at 24.5%. The company issued S$200 million in 3.35% subordinated perpetual securities and reaffirmed its FY2025 dividend guidance of S$0.062 per share.9

Technical levels: 52-week range S$1.10–1.27. Trading near support with moderate volatility as of end-October 2025.10

3. CSE Global (SGX: 544)
 

  • Current price: S$0.8411
  • Target price: S$0.8512
  • Upside potential: +1.2%
  • Dividend yield (TTM): 2.71%13
  • 52-week performance: +93.1%

Latest earnings: CSE Global reported H1 2025 net profit of S$15.5 million, a 63.2% increase compared to H1 2024. Revenue rose 14.3% year-on-year to S$341.1 million. The company’s orderbook stood at S$673 million as of 30 June 2025, supported by new contracts in the energy, infrastructure, and data centre segments.14

Technical levels: 52-week range S$0.375–0.84. Recent breakout (lend-October 2025) with 5% weekly volatility.15

4. AEM Holdings (SGX: AWX)
 

  • Current price: S$1.9116
  • Target price: S$1.52 (consensus)17
  • Upside potential: −20.4% 
  • Dividend yield: None
  • 52-week performance: +45.8%18

Latest earnings: AEM Holdings posted H1 2025 revenue of S$190.3 million, up 9.6% from H1 2024. Net profit rose to S$3.16 million, a 283.9% increase year-on-year, while profit before tax reached S$3.94 million. Operating cash flow surged to S$46.4 million, up from S$7.1 million a year earlier. The company also guided for H2 2025 revenue to be in the range of S$170 million to S$190 million.19

Technical levels: High volatility (8% weekly). Trading near resistance following a 62% six-month rally.20

5. Sheng Siong Group (SGX: OV8)
 

  • Current price: S$2.3221
  • Target price: S$2.60 (DBS)22
  • Upside potential: +12.1%
  • Dividend yield (TTM): 2.81%23
  • 52-week performance: +45.9%

Latest earnings: Sheng Siong reported Q3 2025 net profit of S$43.8 million, a 12% increase from the same period last year. Earnings per share rose to S$0.0291, up from S$0.026. The company attributed growth to sustained consumer spending supported by CDC and SG60 vouchers.24

Technical levels: 52-week range S$1.57–2.32. Trading at highs with low beta and 2% weekly volatility.25

Singapore penny stocks CFD trading strategies


► Momentum trading approach

Momentum trading involves identifying penny stocks with strong price trends and entering CFD positions to capitalise on continued movement. Use technical indicators to identify momentum, set tight stop-loss orders, and monitor trading volumes to confirm trend strength.

► Swing trading method

Swing trading aims to capture price movements over several days to weeks, taking advantage of penny stocks' significant price swings. Identify support and resistance levels, use wider stop-losses, and consider both technical and fundamental factors.

► Risk management essentials

Regardless of strategy, effective risk management is crucial:

  • Position sizing: Never risk more than 1-2% of your account on a single CFD trade
  • Stop-loss orders: Always use stop-loss orders to limit potential losses
  • Diversification: Spread risk across multiple positions and sectors
  • Leverage control: Use conservative leverage ratios to manage risk

What are stock CFDs?

How to trade penny stocks with IG Singapore

  1. Create a live or demo account
  2. Find an opportunity among one of our 10,000+ stocks with our stock screener
  3. Click ‘buy’ to go long or ‘sell’ to short
  4. Set your position size
  5. Take steps to manage your risk
  6. Open and monitor your position

FAQs about Singapore penny stocks

What should I research before trading Singapore penny stocks via CFDs?


Before trading any Singapore penny stock CFD, conduct thorough research including company fundamentals, management quality, industry dynamics, technical analysis and recent news developments.

How do CFDs differ from buying penny stocks directly?


CFD trading offers several key differences: no ownership of underlying shares, leverage capabilities, short selling opportunities, overnight financing costs, and different tax implications compared to direct share ownership.

Are Singapore penny stocks suitable for new CFD traders?


Singapore penny stocks are generally not recommended for new CFD traders due to high volatility, leverage risks, limited liquidity and the requirement for sophisticated risk management skills.

How can I start trading Singapore penny stocks via CFDs with IG?


To begin trading with IG Singapore: open a CFD trading account, complete verification, fund your account, research opportunities using IG's tools, start with small position sizes, and implement proper risk management.

What's the minimum amount needed to start trading?


IG Singapore does not specify a minimum deposit requirement for CFD trading accounts. However, ensure you have sufficient capital to meet margin requirements, maintain positions through adverse movements and implement proper risk management.

Important to know

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please see important Research Disclaimer.

Please also note that the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.