REITs have regained momentum to lift the STI higher, with Mapletree Pan Asia Commercial Trust (~+0.8%) leading the sector's rebound. SIA (~-4.0%) remains the index's heaviest drag as the sell-off extends following its surprise quarterly loss.
Singapore market temperature sits in neutral territory — driven mainly by a low share of advancing stocks (around the 8th historical percentile), with valuations slightly elevated (near the 60th historical percentile). No single catalyst stood out today; the market is searching for a fresh direction.