Market Index
Market snapshot: temperature, breadth, and highlights
Market overview
The STI drifts lower as heavyweight banks DBS and OCBC extend earlier losses, deepening the index's slide. S-REITs maintain their morning bid, with CapitaLand Integrated Commercial Trust rising ~0.8%, acting as a partial buffer against the broader sector weakness.
Market Sentiment
Bearish
Singapore market temperature reads bearish — driven mainly by a very low share of advancing stocks (around the 5th historical percentile), with valuations near the middle (around the 53rd historical percentile). Today's session fell broadly, weighed down by regional risk-off sentiment amid global growth concerns.