Sheng Siong's share price rose slightly around the time new CDC vouchers announced

Sheng Siong's share price hit an intra-day low of S$2.67 on the morning of Feb. 12, 2026, the day of Budget Statement was made in parliament.

The share price fell by as much as S$0.06 or 2.2 per cent, The Edge Singapore reported.

It later recovered to trade at S$2.72, down just S$0.01, or 0.37 per cent, for the day.

It was around the time the CDC vouchers announcement was made.

Bloomberg said the scheme may give a lift to Sheng Siong, among others, such as Jumbo Group and Kimly.

Sheng Siong stocks had dropped by as much as 6 per cent on Feb. 11, a few days after OCBC downgraded its call on the stock.

Budget

Prime Minister and Finance Minister Lawrence Wong delivered this year's Budget Statement in Parliament on Feb. 13.

Budget 2026, which took into account the Economic Strategy Review's key recommendations, is the "first step" to secure Singapore's future in a changed world, said PM Wong.

Vouchers

Eligible Singaporeans will receive S$200 to S$400 cash in a cost-of-living special payment in September 2026, PM Wong added.

They will also receive up to S$570 in U-Save rebates in the 2026 financial year to help with utility expenses.

In January 2027, all Singaporean households will receive S$500 in CDC vouchers.

Like previous rounds of CDC vouchers, half of them can be used at participating supermarkets, while the other half can be used at participating heartland merchants and hawkers.

They will be valid for use until December 2027.

Top photos via Google Maps, Nigel Chua