1H26 SMID Participation Growth Outpaced Share Price Gains The 240 Singapore small and mid-cap (SMID) stocks with market capitalisations ranging from S$100 million to S$10 billion as of 30 June generated a S$696 million average daily turnover (ADT) run rate in 1H26. SMIDs listed prior to the past 12 months accounted for S$663 million of average daily turnover, while the IPO and secondary fundraising cohort over the past 12 months contributed the balance from their respective listing and fundraising dates. Trading activity strengthened across three consecutive half-year periods. ADT for constituents already listed prior to the past 12 months increased from S$362 million in 1H25 to S$459 million in 2H25 and S$663 million in 1H26. The increase in trading activity exceeded the pace
SGX H2 2026 Outlook: Strong H1 Momentum Sets the Stage for a More Selective Second Half
The first half of 2026 has officially come to an end, and Singapore’s equity market entered the second half from a position of strength. As of the end of June, the $Straits Times Index(STI.SI)$ closed at 5,170.65, up 11.29% year to date. June also remained positive, with the index gaining 2.64% for the month. At first glance, this looks like a strong and steady market rally. But beneath the headline index, performance was much more uneven. Capital did not move across the whole market equally. Instead, investors concentrated on a few clear themes: banks, SGX, semiconductor equipment, industrial machinery, renewable electricity, China-linked ETFs, and selected REITs. The first half showed that Singapore’s market was not simply defe
Singapore Stocks Extend Rally as STI Gains 13.7% in H1 2026
In June, Singapore equities matched May momentum, with the $Straits Times Index(STI.SI)$ advancing 2.6% to 5,170.65. The benchmark also reached a record high of 5,241.80 on 23 June. June’s gains lifted the STI’s 1H26 total return to 13.7% and its 12-month total return to 36.4%. Since end-2019, the STI has delivered an annualised total return of 12.4%, while monthly STI ETF dollar-cost averaging generated an indicative CAGR of 9.4%. Regional performance was mixed in June. Japan's Nikkei gained 6%, while Taiwan's TAIEX managed to hold on to a 3% advance despite heightened volatility. Hong Kong equities were softer, with the Hang Seng Index declining 9% over the month. Financial Services Lead June Institutional Inflow During June, Singapore s
SGX Geoff Howie: STI & SG ETF 1H26 Review & 2H26 Market Outlook
1. 1H26 Performance Review Singapore’s equity market entered 2026 with stronger momentum, supported by firmer liquidity conditions, increased institutional participation, and clearer sector drivers. $Straits Times Index(STI.SI)$extended its gains through the first half of the year. Performance remained anchored by the banking sector, supported by sustained net interest income, capital return visibility, and continued investor allocation toward balance sheet strength. Financials remained a core pillar of the index, reflecting both earnings resilience and their weighting influence within the STI. The STI formed all-time highs in June 2026 above 5,200, supported by continued ETF inflows and steady participation across the benchmark.
Weekly: SHE, 5UF, UGS, JCO, TAP, 5LY, 5SO & KIN directors see Huge Acquisitions
Over the five sessions through to the 25 June close, 28 primary-listed companies also conducted buybacks with a total consideration of S$79 million. Singapore Telecommunications again led the buyback tally, with 8.8 million shares at an average price of S$4.34, purchased under the S$2 billion value realisation share buy-back programme. 1. $Soon Hock(SHE.SI)$ Between 23 June and 25 June, Executive Chairman Tan Yeow Khoon, who has over 50 years of experience in the logistics and transportation management industry, acquired a total of 2,033,000 shares via market transactions for a combined consideration of S$1,313,869, increasing his direct interest to 73.32% from 72.69%. His deemed interest of 1.24% remained unchanged, arising from shares he
Weekly: STI flat at 5,191.73 as Local Defensives Offset ASEAN/China SDR rout
$Straits Times Index(STI.SI)$ dipped 0.02% and closed at 5,191.73, as strength in Singapore Airlines, Sembcorp, Singtel and the SMIC SDR offset a brutal selloff in Thai, Indonesian and Greater China depositary receipts. Sectors: Specialized Consumer Services (+10.53%) led on travel and lifestyle demand. Interactive Home Entertainment (+9.76%) advanced on gaming and streaming momentum. Semiconductors (+5.53%) tracked global AI chip tailwinds. 10 Popular Stocks: $SIA(C6L.SI)$ +5.08% — The national carrier rallied on resilient international passenger demand and cargo yield stability. $SMIC HK SDR 5to1(HSMD.SI)$ +5.56% — The Chinese foundry's SDR advanced on