23.80M pre-market vol: N2IU.SI Mapletree Pan Asia CT (SES) S$1.48 23 Jan 2026
The N2IU.SI stock opened the pre-market session at S$1.48 on 23 Jan 2026 with 23.80M shares traded, putting it among Singapore’s most active names this morning. Volume is 3.85x the average, and the day range sits between S$1.46 and S$1.49. Investors are focused on an upcoming earnings announcement on 30 Jan 2026, and the price action reflects yield hunting in the REIT sector where Mapletree Pan Asia Commercial Trust (N2IU.SI) operates in Singapore (SES). We examine valuation, technicals, catalysts and Meyka AI’s forecast in this pre-market update.
N2IU.SI stock market snapshot and trading activity
Mapletree Pan Asia Commercial Trust (N2IU.SI) trades on the SES in Singapore and is priced at S$1.48 this pre-market. Volume is 23.80M, versus an average volume of 6.18M, giving a relative volume of 3.85.
The intraday band is tight: day low S$1.46, day high S$1.49, and year range S$1.09–S$1.50. The large pre-market turnover signals active repositioning ahead of the earnings release on 30 Jan 2026.
Valuation and fundamentals: dividend yield, PE and balance metrics
N2IU.SI shows a trailing PE of 11.38 and EPS of S$0.13, with a dividend per share of S$0.0797 and a dividend yield near 5.46%. Book value per share is S$1.75, giving a price-to-book of 0.84.
Balance-sheet metrics include debt-to-equity 0.66 and interest coverage of 3.98, consistent with REIT peers. Market capitalization is about S$7.81B and enterprise value roughly S$13.68B, reflecting the trust’s property portfolio concentrated in Singapore.
Technicals, liquidity and short-term signals for N2IU.SI stock
Key technicals are neutral: RSI 53.79, MACD 0.01, and ADX 17.45 indicating no clear trend. Bollinger middle band sits at S$1.45 with upper S$1.48 and lower S$1.43, matching today’s range.
High pre-market volume lifts On-Balance Volume to 4.18M and MFI is 60.21, suggesting buy-side pressure. Short-term moving averages are slightly bullish: 50-day average S$1.45, 200-day average S$1.34.
Meyka AI stock grade and model forecast for N2IU.SI stock
Meyka AI rates N2IU.SI with a score out of 100: 68.39 / 100 — Grade B, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects monthly S$1.45, quarterly S$1.60, yearly S$1.51, three-year S$1.76 and five-year S$2.00. Compared with the current price S$1.48, the quarterly projection implies +8.11% upside and the five-year projection implies +35.30% upside. Forecasts are model-based projections and not guarantees.
Earnings, catalysts and sector context for Mapletree Pan Asia Commercial Trust
Earnings are due 30 Jan 2026 and will likely focus on occupancy, retail footfall at VivoCity, and office leasing at Mapletree Anson and MBC. Sector-wide REIT flows in Singapore have been driven by yield compression and stronger retail recovery.
Investors should watch distribution guidance, portfolio occupancy, variable-rate debt exposure, and any asset sales or acquisitions. ETF holding updates have shifted passive flows; see recent ETF holdings source and source.
Risks, liquidity and what to watch next for N2IU.SI stock
Primary risks include higher interest rates, weaker retail spending, and rental reversions in the office market. Net debt to EBITDA and interest coverage remain watch points given netDebt/EBITDA at 6.63 and interest coverage around 3.98.
Watch pre- and post-earnings volume, changes to distribution policy, and any guidance on capital management. For an on-demand ticker and market tools see the Meyka AI stock page for N2IU.SI at https://meyka.ai/stocks/N2IU.SI.
Final Thoughts
N2IU.SI stock is trading actively in the pre-market at S$1.48 on 23 Jan 2026 with 23.80M shares changing hands, signaling heightened interest ahead of the 30 Jan 2026 earnings release. Valuation looks reasonable with PE 11.38 and price-to-book 0.84, and the REIT yields about 5.46%, which remains attractive to income-focused investors. Technicals are neutral but volume and MFI point to buy-side pressure.
Meyka AI’s shorter-term models show a quarterly target of S$1.60 (+8.11%) and a five-year projection of S$2.00 (+35.30%). The Meyka grade is 68.39 (B, HOLD), reflecting solid fundamentals but sector and interest-rate risks. Forecasts are model-based projections and not guarantees. For traders, monitor volume and guidance; for income investors, the yield and payout ratio argue for careful position sizing and a watchful stance.
FAQs
What is the current price and volume for N2IU.SI stock in the pre-market?
N2IU.SI stock trades at S$1.48 in the pre-market on 23 Jan 2026 with 23.80M shares traded, about 3.85x the average volume, signalling high activity ahead of earnings.
How does Meyka AI rate N2IU.SI and what does the grade mean?
Meyka AI rates N2IU.SI 68.39 / 100 (Grade B, HOLD). The grade factors in benchmark and sector comparisons, financial growth, key metrics and analyst sentiment. It is informational and not investment advice.
What are the near-term price targets and the forecast for N2IU.SI stock?
Meyka AI’s forecast model projects monthly S$1.45, quarterly S$1.60 (+8.11% vs S$1.48), and yearly S$1.51. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
