SGX Weekly: Safe-Haven Flows Support STI Above 5,650; Dividend Week & Macro Data Ahead
The $Straits Times Index(STI.SI)$ weekly declined 0.95% and closed at 5,688.96 (as of August 21st, 2026), as strength in gold proxies, Thai transport, and Chinese tech SDRs partially offset broader market weakness. The index held above the 5,650 level amid safe-haven flows into precious metals. The week is light on earnings but active on corporate actions — three ex-dividend dates ( $Bumitama Agri(P8Z.SI)$ , $Haw Par(H02.SI)$ , $Genting Sing(G13.SI)$ ) and the $SIA(C6L.SI)$ dividend payout on Friday are the main stock-specific events. On the macro side, Singapore CPI
Digital Economy and E-Commerce: ASEAN's $1 Trillion Growth Engine
Southeast Asia’s digital economy was valued at over $300 billion in 2025 with analyst estimates forecasting it could reach $1 trillion by 2030. But the headline number tells only part of the story. What is unfolding across the eleven member states of ASEAN is a structural shift in how hundreds of millions of people earn, spend, and move money, compressed into roughly a decade. The region’s diversity makes that transformation all the more striking. Indonesia remains the largest single market. Its digital economy was valued at approximately $90 billion in 2024 and could triple to $360 billion by 2030, with e-commerce alone contributing an estimated $150 billion of that total. Vietnam and the Philippines are growing rapidly from a smaller base, Thailand and Malaysia are accelerating adoption
Singapore Stocks Just Had Their Best Month in 6 Years — But the Real Test Starts Now
👋 Hey SGX fam — if you blinked last week, you basically missed the move. The $Straits Times Index(STI.SI)$ just printed its strongest monthly gain since November 2020, cracked a fresh all-time high on Monday, and a certain shipbuilder decided to rip nearly +19% in five sessions off the back of a record earnings print. Buckle up — here's the full play-by-play, the why, and what actually matters next. 🎇The Setup: STI's Monster July (And an Even Fresher High) The $Straits Times Index(STI.SI)$ climbed +8.8% in July — its best monthly performance since November 2020. It ended the month at 5,628.50 and notched an all-time high of 5,713.19 on July 29. For the first seven months of 202
🪙 SGX Just Had a Record Year — Now 50 IPOs Could Be Coming
Let's be honest — for the better part of a decade, writing about the Singapore stock market felt like narrating a slow-motion chess game where both players kept agreeing to a draw. Delistings outnumbered IPOs. Liquidity was thin. Retail investors yawned and went back to buying US tech. But something changed. And if you've been watching the $Straits Times Index(STI.SI)$ chart lately, you already know what I'm talking about. On July 29, 2026, the $Straits Times Index(STI.SI)$ hit an all-time intraday high of 5,713.19. That came on the back of an 8.8% monthly rally in July — the index's strongest monthly performance since November 2020 — and a 24.0% seven-month total retur