The STI Gains 7% over 6 Weeks on Net Institutional Inflow
On 27 May, the STI closed at 3,318.45, its highest close since August 2023. The overall Singapore stock market booked a moderate amount of S$300mil in net institutional inflow over the 6 weeks. Banks, Financial Services and the Real Estate Management and Development Sectors led net institutional inflow. Yoma Strategic booked the second highest net institutional inflow relative to market cap, after Samudera Shipping, while maritime-related stocks Yangzijiang Shipbuilding, Dyna-Mac, Marco Polo Marine made up the next three stocks in the ranking.