The Straits Times Index $Straits Times Index(STI.SI)$ edged up 1.24% weekly and closed at 5,698.43 as of August 7th. The index has now surged nearly 22.6% YoY, with gold ETFs, fintech names, and China tech SDRs driving this week's gains while energy and property names lagged. Weekly Sector Stars: Real Estate Development (+46.05%), Transaction & Payment Processing Services (+25.34%), Office Services & Supplies (+20.13%), Oil & Gas Refining & Marketing (+20.03%), and Gold (+14.40%) dominated the leaderboard — though several of these moves were likely low-volume anomalies or idiosyncratic re-ratings. 9 Popular Stocks: $SS SPDR S&P500 USD(S27.SI)$ +3.19% — The Singapore-listed S&P
SGX At All Time High: Is It A Buy?
For years, critics have dismissed the Singapore market as a slow, sleepy income trap designed strictly for wealth preservation, completely missing the multi asset transformation quietly happening. That narrative has been shattered with Singapore Exchange recently reaching its all time high at SGD 22.58 last week.
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