<div id="readability-page-1"><div><p>[SINGAPORE] Singapore stocks ended higher on Thursday (Apr 30), led by gains in the benchmark index’s largest constituent, DBS.</p><p>The Straits Times Index (STI) rose 1.1 per cent, or 51.72 points, to 4,912.69, recouping some of the losses seen earlier in the week.</p><p>This was as the three local banks closed higher. DBS climbed 3.4 per cent, or S$1.94, to S$58.50; while OCBC gained 1.1 per cent, or S$0.24, to S$21.90. UOB added 1 per cent, or S$0.37, at S$36.15.</p><p>Across the broader market, losers outnumbered gainers 348 to 284, after 2.1 billion securities worth S$3 billion were traded.</p><p>Among STI constituents, Wilmar International was the worst performer, falling 5.7 per cent, or S$0.22, to S$3.61, as it traded ex-dividend.</p><p>DBS was the top gainer after reporting net profit of S$2.93 billion for the three months ended Mar 31, up 1 per cent year on year and above analysts’ expectations.</p><div><div><h3>Navigate Asia in<br/>a new global order</h3><p>Get the insights delivered to your inbox.</p></div></div><p>The lender also raised its 2026 deposit growth outlook, citing stronger-than-expected inflows, with its earnings outlook turning slightly more positive.</p><p>For the truncated trading week – with markets closed on Friday for a public holiday – the STI is down 1.7 per cent.</p><p>Top gainers for the week were Yangzijiang Shipbuilding, up 5.4 per cent; UOL Group, up 4.6 per cent; and DFI Retail Group, up 2.7 per cent.</p><div><div><div><p>SEE ALSO</p><div><div><div><div><p><img height="3379" src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/1927c8a9650ff7209a97b09b72c6b29cb7249a4cf4176cdf68813a3e8ceb8de4/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="5069" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/1927c8a9650ff7209a97b09b72c6b29cb7249a4cf4176cdf68813a3e8ceb8de4/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p></div><p></p><h3><span>Singapore stocks fall 0.6% on Wednesday as Middle East conflict enters third month</span></h3><p></p></div></div></div></div></div></div><p>Top losers were Mapletree Pan-Asia Commercial Trust, down 8.5 per cent; Keppel, down 8.1 per cent; and Sats, down 7 per cent.</p><p>Elsewhere in the region, markets were mixed. Hong Kong’s Hang Seng Index fell 1.3 per cent; Japan’s Nikkei 225 declined 1.1 per cent; and South Korea’s Kospi dropped 1.4 per cent; while Malaysia’s FTSE Bursa Malaysia KLCI edged up 0.1 per cent.</p><div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. <span>Sign up here to get Decoding Asia newsletter.</span> Delivered to your inbox. Free.</p></div></div></div>

DBSDY

<p>Singapore stocks rose 1.1% on April 30, led by DBS, which reported a net profit of S$2.93 billion, exceeding expectations. The Straits Times Index (STI) gained 51.72 points to close at 4,912.69. While DBS climbed 3.4%, OCBC and UOB also saw gains. However, overall market losers outnumbered gainers, with 348 stocks declining. Wilmar International was the worst performer, dropping 5.7%. For the week, the STI is down 1.7%, with Yangzijiang Shipbuilding and UOL Group among the top gainers. Regional markets showed mixed results, with declines in Hong Kong, Japan, and South Korea.</p>

- Singapore's stock market rose on April 30, 2026, driven by gains in the benchmark index's largest component, DBS.  
- The Straits Times Index (STI) increased by 1.1% to 4,912.69, recovering some losses from earlier in the week, with DBS shares up 3.4% after reporting a net profit of SGD 2.93 billion for Q1, exceeding analyst expectations.  
- Despite 348 losing stocks compared to 284 gaining ones, the trading volume reached SGD 3 billion across 2.1 billion securities.

Singapore stocks rise 1.1% on Thursday, lifted by DBS’ above expectation earnings