Dear readers, as we welcome 2026, it’s an opportune time to review the performance of the Singapore stock market in the past year. Investors are always keen to know which stocks delivered exceptional returns and which underperformed. In this article, we break down the top Singapore stock winners and losers of 2025, focusing exclusively on capital gains and losses, providing insight into the companies that made the biggest impact on investors’ portfolios.
Singapore’s Top Stock Winners in 2025
1. Addvalue Technologies – 610% Gain
Topping the list for 2025 is Addvalue Technologies, which recorded an extraordinary 610% capital gain. Addvalue Technologies is a leading company in the satellite communications and technology sector, providing solutions for satellite tracking, communication, and monitoring.
The stock’s meteoric rise can be attributed to several key factors:
- Strong quarterly earnings exceeding analysts’ expectations
- Expansion into new satellite communication markets across Asia-Pacific
- Strategic partnerships with international aerospace companies
For investors, Addvalue Technologies became a multi-bagger stock in 2025, rewarding early shareholders significantly.
2. ASL Marine Holdings – 367% Gain
Next on the list is ASL Marine Holdings, with a 367% gain. ASL Marine Holdings specializes in shipbuilding, ship chartering, and offshore marine services.
The company’s surge in stock price was fueled by:
- Increased demand for maritime shipping solutions in Southeast Asia
- Robust revenue growth from offshore engineering projects
- Strong government infrastructure support boosting marine contracts
ASL Marine Holdings demonstrates how the maritime sector can produce significant returns when global shipping demands spike.
3. Biopharma Stock – 353% Gain
Biopharma companies continued to attract investor attention in 2025, with this particular biopharma stock delivering 353% gains. The surge reflects the high demand for innovative healthcare solutions and breakthrough therapeutics in Asia.
Factors driving the gain include:
- FDA and HSA approvals for new drug pipelines
- Successful clinical trials boosting investor confidence
- Strategic acquisitions and collaborations with global pharmaceutical firms
This trend highlights the growing importance of biotechnology as a wealth-generating sector in Singapore’s stock market.
4. Solidbuild Construction Group – 317% Gain
Solidbuild Construction Group recorded a remarkable 317% gain in 2025. The company specializes in industrial and commercial construction projects.
Key growth drivers include:
- Major government and private sector contracts awarded throughout 2025
- Increased construction activity fueled by economic recovery post-pandemic
- Innovations in sustainable construction techniques that reduced costs and boosted profitability
Investors looking for a stable growth play in the construction sector found Solidbuild Construction Group particularly rewarding.
5. CNMC Goldmine – 316% Gain
Rounding out the top five is CNMC Goldmine, with a 316% gain. CNMC Goldmine is involved in gold exploration and mining operations, primarily in Indonesia.
The stock’s performance benefited from:
- Rising gold prices globally due to inflationary pressures
- Operational efficiency improvements reducing mining costs
- Expansion of exploration sites increasing long-term growth potential
CNMC Goldmine serves as an example of how commodities-focused stocks can deliver outsized gains in times of market volatility.
Singapore’s Top Stock Losers in 2025
While some investors enjoyed tremendous gains, others faced significant losses. The Singapore stock market also saw a handful of companies underperforming in 2025, and some of these declines were influenced by regulatory or corporate controversies.
1. EuroSports – 78% Decline
The biggest loser of the year was EuroSports Global, which saw its stock plunge by 78%. Beyond market volatility, the company was involved in high-profile negative news in 2025:
- The CEO and executive chairman was charged with multiple counts under the Securities and Futures Act, including false trading and failure to disclose share interests.
- Despite the charges, the board decided not to remove him, fueling investor concerns about governance.
- The company also reported net losses in FY2025, due to margin pressures in its automobile distribution business.
The combination of legal scrutiny, governance concerns, and financial underperformance contributed heavily to the stock’s steep decline.
2. Advanced Systems Automation – 70% Decline
Advanced Systems Automation fell by 70% in 2025. The company, which provides automation solutions for industrial processes, suffered from delayed contracts and increased competition from cheaper overseas alternatives.
3. UnUsUal Limited – 70% Decline
Similarly, UnUsUal Limited also declined 70%, reflecting challenges in its niche e-commerce and digital services sectors. Despite promising technology offerings, revenue growth lagged expectations.
4. Bromat Stock – 69% Decline
Bromat, a chemical manufacturing company, saw its shares fall 69%. The decline was attributed to rising raw material costs and reduced industrial demand in 2025.
5. China Shenshan Orchard Holdings – 65% Decline
Lastly, China Shenshan Orchard Holdings fell 65%. The company’s agribusiness operations faced lower fruit yields and fluctuating export markets, impacting profitability.
Analysis: What These Winners and Losers Tell Us
The 2025 Singapore stock market performance highlights several key trends:
- Technology and Biopharma Lead the Charge
Stocks like Addvalue Technologies and Biopharma showed that innovation and strong product pipelines continue to drive extraordinary gains. Technology and healthcare remain the most attractive sectors for investors seeking high returns. - Commodities and Construction Offer Stability
CNMC Goldmine and Solidbuild Construction Group demonstrate that commodity and infrastructure-related companies can deliver both growth and stability, especially during periods of market recovery. - Consumer and Retail Sectors Remain Vulnerable
Stocks such as EurosSports and UnUsUal Limited indicate that consumer-facing companies remain sensitive to economic shifts, rising costs, and changing market demands. - Diversification is Key
Investors who diversified their portfolios across sectors were more likely to capture the outsized gains of top winners while mitigating losses from underperforming stocks.
Key Takeaways for Investors
- Monitor multi-bagger stocks: Companies like Addvalue Technologies and ASL Marine Holdings show the potential of multi-bagger gains, but they come with higher volatility.
- Consider sector trends: Biopharma and tech sectors are increasingly dominant in Singapore’s market landscape.
- Avoid concentration risk in consumer retail: EurosSports and other retail stocks highlight the danger of concentrated exposure to consumer-driven industries.
- Look for global expansion opportunities: Companies that successfully expand regionally or internationally tend to outperform peers.
- Follow commodity trends: Gold and other natural resources remain effective hedges in uncertain market conditions.
Conclusion
The year 2025 was a dynamic year for the Singapore stock market, showcasing exceptional winners like Addvalue Technologies (610%) and highlighting significant challenges for certain consumer and industrial stocks.
As we move into 2026, investors can learn from these trends by focusing on innovation-driven sectors, diversification, and global expansion opportunities. Understanding which companies can sustain growth and which sectors are vulnerable will be key to building a resilient portfolio.
The Singapore stock market continues to offer opportunities for strategic investors willing to analyze trends, monitor sector performance, and balance risk and reward. The lessons from 2025 provide valuable guidance for navigating the investment landscape in the coming year.