STI rises 0.2% to new high, edging closer to 5,000 mark

Businesstimes News
2026.02.05 10:17
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Singapore's Straits Times Index (STI) rose 0.2% to close at 4,975.87, nearing the 5,000 mark, marking its third consecutive session at record levels. Keppel led the gains with a 6.1% increase after reporting a net profit of S$645.4 million for the second half of 2025. Investor sentiment was boosted by the announcement of Piyush Gupta as the new chairman of Keppel. In contrast, Thai Beverage fell 3.1% after trading ex-dividend. Overall, gainers outnumbered losers in the broader market, with 1.5 billion securities traded.