Singapore Market – STI edges up 0.24% as banks & Thai SDRs lifted

SGX_Stars
00:22

$Straits Times Index(STI.SI)$ gained 0.24% and closed at 5,049.96, as strength in local banks and Thai SDRs offset sharp declines in Indonesian financials.

Sectors: Aluminum (+34.85%), Forest Products (+24.93%), Independent Power Producers (+12.72%), Electronic Equipment & Instruments (+12.07%), and Specialty Stores (+7.81%).

10 Popular Stocks:

  • $Gulf Dev TH SDR 1to1(TGUD.SI)$ +12.27% — The Thai power and telecom conglomerate's SDR rallied on core profit growth and diversification synergies from its merged energy and telecom businesses.

  • $Airports TH TH SDR1to1(TATD.SI)$ +6.51% — The Thai airport operator's SDR climbed on tourism recovery optimism and resilient passenger traffic through Suvarnabhumi.

  • $Tencent HK SDR 10to1(HTCD.SI)$ +7.6% — The Chinese tech giant's SDR bounced back on gaming and fintech optimism after recent weakness.

  • $Bank of CN HK SDR 1to1(HBND.SI)$ +4.17% — The Chinese state-owned bank's HK SDR gained on defensive positioning and its attractive dividend yield in a volatile market.

  • $OCBC Bank(O39.SI)$ +3.37% — The banking heavyweight advanced on resilient regional credit demand and record non-interest income.

  • $DBS(D05.SI)$ +2.99% — Singapore's largest bank continued its post-earnings ascent on record Q1 profit and wealth-management fee growth.

  • $UOB(U11.SI)$ +2.28% — The third-largest local bank rose on ASEAN commercial banking momentum and digital wholesale traction.

  • $GLD SG$(GSD.SI)$ +2.11% — The SGD-denominated gold ETF tracked the yellow metal higher as safe-haven demand persisted amid global uncertainty.

  • $TLKM ID SDR 1to5(ITKD.SI)$ -10% — The Indonesian telecom giant's SDR slumped on profit-taking after recent strength and concerns over regulatory pressures.

  • $BBCA ID SDR 1to2(IBKD.SI)$ -14.29% — The Indonesian private bank's SDR collapsed on sharp profit-taking and thin-liquidity volatility, erasing a significant portion of recent gains.

Performance is subjected to market volatility

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