SGX Opens Flat; STI Edges Down 0.03% Despite Broad-Based Gains
The Singapore Exchange (SGX) opened Monday slightly lower, with the Straits Times Index (STI) dipping 0.03% or 1.35 points to 3,932.94 as at 9.10am, amid cautious trading across the region.
Trading volume stood at 72.82 million securities worth S$111.58 million, with 95 stocks advancing against 60 decliners — indicating mild bullish sentiment despite the marginal dip in the benchmark index.
Among the STI heavyweights, DBS Group Holdings edged up 0.155% to S$45.19, while OCBC Bank and UOB held steady at S$16.30 and S$35.31, respectively. Singtel traded flat at S$3.86, and ST Engineering was unchanged at S$7.89. Singapore Airlines was steady at S$7.11, and ComfortDelGro hovered at S$1.43.
The broader indices reflected a mixed start to the day, with the iEdge S-REIT Leaders Index at 993.15 and the iEdge SG ESG Leaders Index at 1,097.81. The FTSE ST Consumer Goods & Services Index stood at 221.44, while the iEdge SG All Healthcare Index was at 1,953.39.
Market watchers expect the local bourse to trade in a tight range, as investors await key inflation and policy signals from the US Federal Reserve later this week. Related
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