Market Index
Market snapshot: temperature, breadth, and highlights
Market overview
The STI reversed its earlier slide to trade flat as gains in major banks offset a ~1.8% drop in SGX. UOB (+0.5%) and DBS (+0.2%) continue to lead the recovery, while broad weakness in S-REITs, including Mapletree Pan Asia Commercial Trust, weighs on the tape.
Market Sentiment
Bearish
Singapore market temperature reads bearish — driven mainly by a low share of advancing stocks (around the 4th historical percentile), with valuations near the middle (around the 51st historical percentile). No single catalyst stood out today; the market is searching for a fresh direction.