Price
24h Change
24h High
24h Low
Overview
The Straits Times Index (STI) is Singapore’s leading benchmark stock index, tracking the performance of the top 30 companies listed on the Singapore Exchange (SGX). These companies are selected based on market capitalization and liquidity, offering a clear snapshot of the country’s corporate and economic health. The STI is widely regarded as a measure of Singapore’s equity market performance and investor sentiment.
Launched in 1966 and revamped in 2008 in collaboration with FTSE, the index includes major players in banking, real estate, telecommunications, consumer goods, and industrials. Key constituents include DBS Group Holdings, Singapore Telecommunications (Singtel), OCBC Bank, and CapitaLand Investment. Due to Singapore’s role as a global financial hub, many STI companies have regional or global operations, offering investors both local exposure and international reach.
The STI is also known for its defensive characteristics, with a strong presence of stable, dividend-paying companies. This makes it attractive for income-focused investors and those seeking relatively lower risk in the Asia-Pacific region. While not as growth-oriented as some tech-heavy indices, the STI provides solid fundamentals, political stability, and sound governance — all key traits for long-term investment strategies.
Price Chart
Technical Details
Why Trade Straits Times Index?
Stable and Transparent Market
Singapore’s robust regulatory and legal framework enhances investor confidence.
Strong Dividend Yields
Many STI constituents offer consistent dividends, ideal for income investors.
Defensive Sector Weighting
Heavy focus on banks and telecoms provides stability in volatile times.
Global Exposure via Regional Giants
STI companies often operate across Southeast Asia and beyond.
Broad Access via ETFs and Derivatives
The STI is accessible through a variety of investment vehicles including ETFs and futures contracts.
Pros & Cons
Advantages
- Represents Singapore’s top-performing blue-chip companies
- Strong presence of banking, real estate, and telecom sectors
- Stable economy and robust regulatory framework
- Low volatility compared to other Asian indices
- Transparent and well-governed exchange environment
Disadvantages
- Limited exposure to tech and innovation sectors
- Small number of constituents (30 stocks) limits diversification
- Sensitive to regional trade and global economic cycles
- Slower growth compared to emerging market indices
- Heavily weighted toward a few dominant companies
