{"id":106928,"date":"2026-07-23T03:18:23","date_gmt":"2026-07-23T03:18:23","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/106928\/"},"modified":"2026-07-23T03:18:23","modified_gmt":"2026-07-23T03:18:23","slug":"foundation-healthcare-jumps-16-this-week-ubs-makes-multiple-stabilisation-trades","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/106928\/","title":{"rendered":"Foundation Healthcare jumps 16% this week; UBS makes multiple stabilisation trades"},"content":{"rendered":"<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[SINGAPORE] Shares of Foundation Healthcare has jumped around 16 per cent since the start of the week, with stabilisation manager UBS making multiple share purchases.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The counter rose as much as 7.8 per cent on Thursday (Jul 23), to as high as S$0.825 in the first 16 minutes of trading, adding S$0.06 from its closing price on Wednesday.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">They began to climb from Wednesday, adding more than 15 per cent, after UBS bought about 19.5 million shares across eight stabilisation trades from Jul 8 to Jul 22.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The trades include about 10.9 million shares purchased between S$0.70 and S$0.76, a further 4.5 million shares bought for between S$0.705 and S$0.735, and two million shares purchased between S$0.73 and S$0.76.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The multi-speciality healthcare group debuted on the Singapore Exchange mainboard on Jul 8. Its initial public offering was <a class=\"text-verticals-btblue underline hover:text-blue-500\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/foundation-healthcare-ipo-3-8-times-subscribed\" target=\"_blank\" rel=\"nofollow noopener\">3.8 times subscribed<\/a>, but its shares ended the first trading day at S$0.70 \u2013 7.9 per cent below the IPO price of S$0.76.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Singapore\u2019s IPO market is emerging from a drop in offering activity in the past few years, with five listings this year having raised about S$1.1 billion in the first six months. This was up from just a single IPO for the same period in 2024 and 2025.<\/p>\n<p class=\"mb-6 border-b border-gray-250 pb-4 font-poppins text-4xs font-medium tracking-10 text-gray-515\">SEE ALSO<\/p>\n<p><a class=\"block h-full w-full\" href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/foundation-healthcare-closes-7-9-below-ipo-price-mainboard-debut?ref=article-see-also\" data-discover=\"true\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"relative z-10 h-full w-full object-cover\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/07\/1e39c4f1b70b45d37180d5af9b4bf44d1f1836259619a34d05e3548d6021002d.webp\" alt=\"In total, the IPO has raised gross proceeds of S$242 million, including commitments from 10 cornerstone investors.\" width=\"6160\" height=\"3883\"\/><\/a><a class=\"block h-full w-full\" href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/foundation-healthcare-ipo-3-8-times-subscribed?ref=article-see-also\" data-discover=\"true\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"relative z-10 h-full w-full object-cover\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/07\/f9cb19fd64695fa7664fa4783919d56e67fe2e87bca67b7af6c68050495939d0.webp\" alt=\"Shares of Foundation Healthcare are set to begin trading on the Singapore Exchange at 9 am on Wednesday (Jul 8).\" width=\"6000\" height=\"4000\"\/><\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The 2026 listings so far have included real estate investment trusts, technology and event management companies. Three more listings are expected to follow Foundation Healthcare\u2019s IPO.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6 inline-block\" data-testid=\"article-paragraph-component\"><a class=\"text-verticals-btblue underline hover:text-blue-500\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/international\/global\/singapore-hong-kong-ipo-rebound-set-continue-h2-2026-risks-remain\" target=\"_blank\" rel=\"nofollow noopener\">Market observers noted<\/a> that the rebound on the Singapore bourse reflects strong investor confidence, policy support and a broader pipeline of issuers, but warned that geopolitical volatility and economic uncertainty are still risks.<\/p>\n","protected":false},"excerpt":{"rendered":"[SINGAPORE] Shares of Foundation Healthcare has jumped around 16 per cent since the start of the week, with&hellip;\n","protected":false},"author":2,"featured_media":106929,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[129],"tags":[4128,10006,195,223],"class_list":["post-106928","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ubs","tag-healthcare","tag-ipo","tag-singapore","tag-ubs"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116967132918399908","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/106928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=106928"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/106928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/106929"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=106928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=106928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=106928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}