---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000817376.md"
description: "Local banks continue to push past resistance to pursue new highs as STI strengthens. A surprising underdog as our local market is currently outperforming the S&P500 by a whopping 10%, considering that many, even locals, think that the STI is a boring and dead market. Of course, a large portion of this success must be credited to the big 3 banks, who carried most of the index for the large part of the year. What I want to see is how long can this strength continue, and even when it does retrace, how big will the pullback be."
datetime: "2026-07-27T09:16:25.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000817376.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000817376.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000817376.md)
author: "[NewUser_oPJWOU](https://longbridge.com/en/profiles/18172005.md)"
generator: "portal-rs"
---

# Local banks continue to push past resistance to pu…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**