Singapore shares opened firmer on Tuesday, with the Straits Times Index (STI) rising 0.62% to 5,027.59 in early trade as investors tilted towards banking and index heavyweights despite mixed broader market breadth.
Market turnover stood at 285.18 million securities valued at S$291.01 million as at 9.19 am, with 118 gainers and 148 decliners, indicating a slightly negative advance-decline ratio even as the main index stayed in positive territory.
Among index movers, DBS traded at S$61.35, UOB at S$37.67 and OCBC Bank at S$23.17, providing support to the benchmark. Singtel was at S$4.92 while ST Engineering changed hands at S$10.95.
In early corporate action, UMS slipped sharply, falling 9.89% to S$2.46, weighing on sentiment in the broader market.
Elsewhere, derivatives activity remained steady with MSCI Singapore Index Futures for May 2026 last traded at 457.05, while Nikkei 225 futures for June 2026 stood at 60,910.
Regional futures pointed to mixed sentiment, with USD/SGD June futures at 1.2775 and USD/CNH at 6.7897.
The STI’s early gains tracked a broadly cautious regional tone, with investors continuing to monitor global interest rate expectations and commodity price movements.
