SINGAPORE, 2 September 2025 – Singapore equities began Tuesday’s session on a steady note, with the Straits Times Index (STI) edging up 1.07 points, or 0.03%, to 4,277.14 as of 9:07 a.m. The muted start reflects cautious sentiment ahead of key global data releases, though bank stocks provided some support to the market.
Market breadth was positive, with 100 gainers against 63 decliners, while overall securities turnover amounted to 104.67 million shares worth S$117.21 million.
Banks Lead Market Stability
Among the most actively traded blue chips, United Overseas Bank (UOB) advanced 0.71% to S$35.49, while DBS Group Holdings held firm at S$50.28. Oversea-Chinese Banking Corporation (OCBC) was unchanged at S$16.76. The steady performance of financials helped underpin the broader index amid mixed activity in other sectors.
Other heavyweights were largely flat: Genting Singapore traded at S$0.73, Yangzijiang Shipbuilding was at S$3.07, and ComfortDelGro remained at S$1.49. Hongkong Land stood at US$6.36, showing little movement in early deals.
Mixed Moves Across Broader Indices
Sectoral indices painted a mixed picture. The iEdge-OCBC Singapore Low Carbon Select 40 Capped Index gained to 3,476.95, reflecting investor interest in sustainability-linked counters. The iEdge S-REIT Leaders Index also advanced to 1,097.43, supported by yield-seeking investors. However, the iEdge Southeast Asia+ Tech Index slipped to 4,798.32, in line with regional tech weakness amid cautious risk sentiment.
Outlook
Investors are expected to remain on the sidelines ahead of U.S. macroeconomic releases later this week, including nonfarm payrolls, which may provide further clarity on the U.S. Federal Reserve’s policy path. Analysts note that Singapore’s market is likely to trade in a narrow range, with banks acting as the key anchor while external developments drive volatility.
