<div id="readability-page-1"><div>[SINGAPORE] Singapore stocks ended higher on Tuesday (May 12).The benchmark Straits Times Index (STI) gained 0.1 per cent or 3.23 points to finish at 4,946.00. Seatrium led the gainers on Singapore’s blue-chip index, rising 5.4 per cent or S$0.12 to S$2.35.The worst performer among STI constituents was Frasers Logistics &amp; Commercial Trust , which fell 1.5 per cent or S$0.015 to S$0.97.The three local banks ended the day mixed. DBS rose 0.6 per cent or S$0.33 to S$59.10, and UOB was up 0.3 per cent or S$0.12 at S$37.11. OCBC , meanwhile, finished 0.8 per cent or S$0.17 lower at S$22.33.Within the iEdge Singapore Next 50 Index, Riverstone was the top gainer, rising 12.8 per cent or S$0.105 to S$0.925. UOB Kay Hian was the index’s biggest decliner, falling 2.6 per cent or S$0.11 to end the session at S$4.19.Across the broader market, gainers edged out losers 316 to 267, after 2.3 billion securities worth S$2.2 billion changed hands.Key regional indices were mixed on Tuesday.Japan’s Nikkei 225 rose 0.5 per cent, and the FTSE Bursa Malaysia KLCI advanced 0.3 per cent. Meanwhile, South Korea’s Kospi was down 2.3 per cent, and Hong Kong’s Hang Seng Index lost 0.2 per cent.“We see no disconnect between record US equities prices and elevated oil, commodities and yields,” said BlackRock Investment Institute, adding that markets are pricing in artificial intelligence-driven growth and the impact of the of the supply shock in the Middle East.“US inflation data this week will test still-firm price pressures, with implications for yields as markets assess the risk of further rate increases,” it added.</div></div>

On May 12, Singapore stocks rose slightly, with the Straits Times Index (STI) up 0.1% to 4,946.00. Seatrium led gains, increasing 5.4% to S$2.35. Frasers Logistics & Commercial Trust was the worst performer, down 1.5% to S$0.97. Among local banks, DBS and UOB saw slight increases, while OCBC fell 0.8%. The broader market had 316 gainers versus 267 losers. Key regional indices showed mixed results, with Japan's Nikkei up 0.5% and South Korea's Kospi down 2.3%. BlackRock noted a connection between US equity prices and market conditions.

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Seatrium surge leads Singapore stocks slightly higher on Tuesday; STI up 0.1%