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STI Starts Strong, Riding On Blue-Chip Backbone

STI Starts Strong, Riding On Blue-Chip Backbone

BusinessToday4 days ago
The Singapore stock market opened higher on Tuesday, with the Straits Times Index (STI) rising 11.91 points or 0.28% to 4,219.04 as at 9.02am, reflecting a firm start driven by gains in key blue-chip counters and steady investor sentiment across the region.
Trading volume stood at 62.79 million securities, with a total value of S$75.07 million. Market breadth was positive, with 99 advancers outpacing 42 decliners in early trade.
Among the top STI constituents, DBS rose 0.19% to S$47.350, while OCBC Bank held at S$17.300 and UOB remained steady at S$37.100. Singtel opened at S$4.160, and CapitaLand Investment traded at S$2.810. Seatrium Ltd and ST Engineering were also active, opening at S$2.410 and S$8.460 respectively.
Broader indices also showed strength, with the iEdge-OCBC Singapore Low Carbon Select 40 Capped Index up at 3,271.25, and the iEdge S-REIT Leaders Index at 1,045.41. Meanwhile, the iEdge APAC Financials Dividend Plus Index stood at 3,068.43 and the iEdge-UOB APAC Yield Focus Green REIT Index at 2,319.31, reflecting sustained investor interest in income and sustainability-driven themes.
The upbeat tone at the opening mirrored regional optimism, with investors watching for key earnings reports and economic data due later in the week, particularly from the US and China. Related
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However, the main challenge has always been scaling coaching in an efficient and cost-effective manner – coaching is usually done on a one-to-one basis and can be the advent of Gen AI, DBS saw an opportunity to leverage the technology to overcome these challenges, enabling the bank to avail coaching to employees across its network., said, "As the world of work continues to evolve, building career resilience has become more important than ever. 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Data from International Coaching Federation and Better Up Career Coaching showed 70% of people in organisations who underwent coaching benefitted from improved work performance, relationships and more effective communication skills. 80% of people who received coaching reported increased further reinforces the bank's commitment to upskilling its employees and building career resilience, and complements other DBS initiatives including:The bank's commitment to supporting employees with career development has contributed to its recognition as an employer of choice. In 2025, DBS was ranked first in TIME's 500 Best Companies in Asia Pacific, while in 2024, the bank was named among Forbes World's Best Employers. In Hong Kong, DBS Hong Kong was also recognised at the "Bloomberg Businessweek - Financial Institutions 2025 Awards", winning the "Training Academy – Excellence Performance" and "Training Program of the Year – Outstanding Performance" awards. 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