6 days ago
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
