Singapore Stocks Nudge Higher After Institutional Flow Reversal

Singapore shares opened slightly higher on Friday, with the Straits Times Index (STI) rising 8.36 points or 0.15% to 5,691.73 as of 9.09am.

Market breadth was mixed, with 86 advancers against 95 decliners. Trading volume stood at 88.07 million shares, worth S$170.22 million.

Among the blue chips, DBS Group Holdings was at S$77.83, United Overseas Bank at S$42.48 and Oversea-Chinese Banking Corporation at S$31.79. Yangzijiang Shipbuilding Holdings traded at S$5.23, Singtel at S$4.24 and Singapore Exchange at S$22.47.

CSE Global was among the early gainers, rising 3 cents or 2.38% to S$1.29.

Real estate counters were mixed, with CapitaLand Ascendas REIT down 2 cents or 0.88% at S$2.26, while CapitaLand Integrated Commercial Trust traded at S$2.23. Frasers Logistics & Commercial Trust was at S$0.87, Frasers Centrepoint Trust at S$2.06 and Mapletree Logistics Trust at S$1.09.

The opening comes as recent SGX data showed signs of institutional buying returning to several Singapore-listed stocks after net outflows in the first half of 2026.

Yangzijiang Shipbuilding recorded S$219.09 million of net institutional inflows in the third quarter, reversing a S$39.52 million outflow in the first half and bringing its 2026 net institutional flow to S$179.57 million.

Keppel similarly recorded S$159.20 million of net institutional inflows in the third quarter, reversing a S$35.70 million first-half outflow and leaving it with S$123.50 million of net inflows for the year to Sept 22.

Thai Beverage also reversed more than 90% of its first-half institutional outflow, recording S$32.15 million of inflows in the third quarter and narrowing its 2026 net outflow to S$2.22 million.

Among smaller and mid-cap stocks, nine of around 40 counters tracked by SGX reversed first-half institutional outflows into net inflows in the third quarter. Real estate names accounted for several of the reversals, including City Developments, Centurion, Hiap Hoe and Ho Bee Land, alongside Elite UK REIT and Keppel DC REIT.

Latest News

Must read