Singapore stocks continue rally on Wednesday, up 0.4 per cent
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SGX leads the gainers on Singapore’s blue-chip index; the best performer on the iEdge Singapore Next 50 Index is UOB Kay Hian
[SINGAPORE] Singapore stocks ended higher on Wednesday (Feb 11), tracking regional indices.
The benchmark Straits Times Index (STI) gained 0.4 per cent or 20.33 points to finish at 4,984.58. Meanwhile, the iEdge Singapore Next 50 Index gained 0.6 per cent or 8.28 points to 1,518.23.
Across the broader market, gainers edged out losers 374 to 230, after 1.5 billion securities worth S$2.4 billion changed hands.
SGX led the gainers on Singapore’s blue-chip index, rising 5.0 per cent or S$0.90 to end at S$19.07.
The worst performer among STI constituents was CapitaLand Investment , falling 3.5 per cent or S$0.11 to close at S$3.06 on the back of reporting a loss for H2 2025.
The three local banks ended mixed on Wednesday. OCBC rose 0.1 per cent or S$0.03 to close at S$21.35; DBS finished 0.5 per cent or S$0.30 lower at S$57.50, and UOB finished 0.1 per cent or S$0.02 lower at S$38.90.
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The best performer on the iEdge Singapore Next 50 Index was UOB Kay Hian , rising 5.4 per cent or S$0.17 to S$3.32 on Wednesday.
The worst performer on the iEdge Singapore Next 50 Index was ESR Reit , which closed down 5.2 per cent or S$0.14 to S$2.53 on Wednesday.
Across the region, benchmark indices closed higher on Wednesday, with Kopsi up 1 per cent. The Hang Seng Index also closed up 0.3 per cent. The KLCI closed up 0.5 per cent.
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In the US, equity investors appear to be more selective and fragile in their convictions, said Stephen Innes, managing partner of SPI Asset Management. The market is no longer responding uniformly to the idea of stocks seeing an uplift from weaker economic data.
“Early gains faded, Nasdaq struggled to hold technical support, and leadership narrowed as defensives and value-oriented segments quietly outperformed growth-heavy indices,” he said.
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