Straits Times Index
The Straits Times Index (STI) is a market capitalisation weighted index that tracks the performance of the top 30 companies listed on SGX.
STI gains 9.8% in 2022 YTD
STI gains 9.8% in 2022 YTD
The index is also recognised as the strongest APAC benchmark in the 2022 YTD.
30 STI stocks attract $550m net institutional inflow
The banks brought in the strongest inflows at ~45%.
STI gains 5% with energy and bank stocks leading the market
Also, the SG benchmark ranked the third strongest of all the major benchmarks.
UOB Kay Hian lists H1 2022 'overweight' sectors and stocks
The top two sectors were consumer and financials.
Market update: STI rose 0.58%
UOB posted the highest gain, increasing 2.13%
STI bounces back 14% as economy expands in 2021
2021 STI leaders were Yangzijiang Shipbuilding, DBS Group Holdings, and Hongkong Land.
STI to reach 3,500 in 2022: UOB Kay Hian
The bullish forecast is attributed to the strong GDP growth in 2021.
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