Market Index
Market snapshot: temperature, breadth, and highlights
Market overview
The STI has eased from session highs as Singtel (-1.1%) extends losses, offsetting the banking trio's rally. UOB (+2.6%) maintains its lead on margin optimism, remaining the index's primary driver despite the broader momentum cooling.
Market Sentiment
Bearish
Singapore market temperature reads bearish — driven mainly by a low share of advancing stocks (around the 8th historical percentile), with valuations near the middle (around the 45th historical percentile). The index nonetheless edged higher today, lifted by heavyweight banks offsetting broad weakness in most individual stocks.