$STI ETF(ES3.SG)STI ETF (ES3) gained more than 1% today, closing near the session high as buyers stepped in during the afternoon. The strong finish reflects improving market sentiment, supported by easing geopolitical tensions and continued resilience in Singapore’s heavyweight banking stocks.

With DBS, OCBC and UOB accounting for more than half of the STI’s weighting their strength continues to provide a solid foundation for the index. ES3 also offers investors diversified exposure to Singapore’s 30 largest blue-chip companies while delivering an attractive dividend yield of around 3.3%.If buying momentum persists the ETF could continue its upward trajectory. A decisive breakout above recent highs would signal the potential for another leg higher in Singapore equities, while holding above key support levels would help sustain the positive outlook.

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