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BusinessToday
11-08-2025
- Business
- BusinessToday
STI Opens Flat Amid Cautious Trade; UOB Leads Early Gains
The Straits Times Index (STI) edged up 0.16 points to 4,239.99 as of 9.26 am on Monday, with market sentiment appearing cautious despite more advancers than decliners in early trade. Turnover stood at 276.14 million securities worth S$303.33 million, with 131 counters rising, 104 declining and the rest unchanged. Among blue chips, United Overseas Bank (UOB) led early gains, rising 0.64 per cent to S$35.93. Other actively traded stocks included DBS at S$50.96, OCBC Bank at S$16.91 and Singtel at S$3.94. Industrial names were mixed, with Yangzijiang Shipbuilding flat at S$2.89, Sembcorp Industries steady at S$6.53 and Singapore Airlines unchanged at S$6.55. Key sector indices also showed a muted start, with the iEdge S-REIT Leaders Index at 1,067.45 and the iEdge Southeast Asia+ Tech Index at 4,473.09.
BusinessToday
08-08-2025
- Business
- BusinessToday
STI Slips At Open As Decliners Outpace Gainers, DBS Surges Over 2%
The Singapore market opened on a cautious note Thursday, with the Straits Times Index (STI) down 12.01 points or 0.28% to 4,246.14 as at 9.08 am. Sentiment appeared subdued, weighed by a broader pullback across sectors and a higher number of decliners. Market breadth remained negative in early trade, with 108 stocks in the red against 52 advancers. Total volume reached 130.45 million units, translating to a turnover of S$275.53 million, suggesting light participation heading into the mid-morning session. Despite the weaker open, DBS stood out among the blue chips, rallying 2.07% to S$50.78. The banking heavyweight provided some support to the index, likely driven by strong buying interest following recent financial updates and dividend expectations. Other key counters were mixed. Sembcorp Industries traded at S$6.80, UOB opened at S$35.75, and YZJ Shipbuilding was flat at S$2.84. Singapore Airlines (SIA) hovered at S$6.54, Genting Singapore was slightly weaker at S$0.735, while the Singapore Exchange (SGX) opened at S$16.45. Sectoral indices painted a mixed picture. The iEdge-OCBC Singapore Low Carbon Select 40 Capped Index stood at 3,296.62, and the iEdge S-REIT Leaders Index opened at 1,059.58, indicating cautious appetite for sustainability and yield-focused counters. Meanwhile, the iEdge Southeast Asia+ TECH Index held firm at 4,500.10, signalling ongoing investor interest in regional tech plays. Investors are expected to take their cues from earnings season developments and regional macroeconomic signals as the session progresses.
BusinessToday
08-08-2025
- Business
- BusinessToday
STI Opens Flat At 4,208.53 Amid Mixed Market Sentiment
The Straits Times Index (STI) opened nearly unchanged at 4,208.53, down 0.05 points or 0%, as at 9.01 am on Wednesday, reflecting muted investor sentiment. Market breadth showed 58 advancers against 76 decliners, with total trading volume at 63.59 million units valued at S$106.11 million. Among key active stocks, DBS traded at S$48.10, down 0.14 or 0.29%, while UOB stood at S$36.41 and OCBC at S$16.98. Other notable counters included Yangzijiang Shipbuilding at S$2.59, CapitaLand Investment at S$2.73, and ST Engineering at S$8.89. Broader indices such as the iEdge S-REIT Leaders Index and iEdge APAC Financials Dividend Plus Index were at 1,067.46 and 3,113.00, respectively, while the iEdge Southeast Asia+ TECH Index hovered at 4,493.83.
BusinessToday
22-07-2025
- Business
- BusinessToday
STI Starts Strong, Riding On Blue-Chip Backbone
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
BusinessToday
21-07-2025
- Business
- BusinessToday
STI Opens Higher Amid Global Optimism, Local Sentiment Buoyed By Bank Gains
Singapore equities opened firmer on Monday, with the Straits Times Index (STI) rising 13.66 points or 0.33% to 4,203.16 at 9.00 am, following upbeat momentum from global markets last week and strong early performances from heavyweight banks. Initial trading saw a total of 54.51 million securities worth S$52.26 million changing hands, with market breadth skewed towards gainers (101 advancers against 41 decliners), signalling a positive start for the session. Bank counters led early gains with DBS edging up 0.07 points to S$47.06, while UOB traded at S$37.01 and OCBC at S$17.34, reflecting cautious optimism after Wall Street's modest rally last Friday, driven by tech earnings and resilient economic data. Meanwhile, Seatrium held at S$2.37, Keppel traded at S$8.10, and SGX stood at S$15.91, all mostly steady as investors awaited further cues from regional corporate earnings and the upcoming US Federal Reserve policy decision due later this week. Indices linked to low-carbon and REIT sectors, such as the iEdge-OCBC Singapore Low Carbon Select 40 Capped Index (3,281.18) and iEdge S-REIT Leaders Index (1,043.60), also posted mild gains, aligning with a broader risk-on sentiment across Asia. Positive economic outlooks in Malaysia and China, coupled with easing concerns over global inflation, are likely to provide further support for the Singapore bourse throughout the day. Related
