{
  "id": 8007730,
  "title": "Singapore shares climb as banks advance; STI up 0.5%",
  "url": "https://urgent.news/2026/09/17/singapore-shares-climb-as-banks-advance-sti-up-0-5",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T10:22:46.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-climb-banks-advance-sti-0-5"
  },
  "original_language": "en",
  "account": "Singapore stocks concluded higher on Thursday (Sep 17), with the Straits Times Index (STI) advancing 0.5% or 25.11 points to settle at 5,660.52. The Yangzijiang Shipbuilding Corporation led the blue-chip index gains, surging 1.8% or S$0.09 to S$5.14. The STI's worst performer was DFI Retail Group, which shed 1.2% or US$0.04 to US$3.41. Among local banks, DBS gained 0.2% or S$0.14 to S$76.94, OCBC rose 0.3% or S$0.10 to S$31.28, and United Overseas Bank (UOB) increased 1.6% or S$0.67 to S$41.88. The iEdge Singapore Next 50 Index saw UltraGreen.ai emerge as the top gainer, climbing 9.9% or US$0.055 to US$0.61, while PC Partner suffered the largest loss, declining 3.2% or S$0.10 to S$3.04. Across the broader market, winning stocks outnumbered losers 276 to 232, with a total of 1.3 billion securities valued at S$1.7 billion exchanged. Addvalue Tech was the most actively traded stock by shares, with 232.1 million shares traded, while DBS led in terms of market value, with 2.7 million shares worth S$205.7 million traded. Regional indices varied, with Japan's Nikkei 225 up 0.3%, Hong Kong's Hang Seng Index down 0.4%, South Korea's Kospi falling 0.04%, and the FTSE Bursa Malaysia KLCI decreasing 0.3%. Gunawan Wijaya, portfolio manager for prime brokerage and investment solutions at CGS International Securities Singapore, stated that higher interest rates elevate equity risk premiums, potentially curbing investors' appetite for equities and driving them towards safer assets like cash. Nevertheless, the STI has remained resilient, bolstered by substantial inflows into the domestic equity market and its \"safe-haven\" attributes. This report was generated with AI assistance and reviewed by a reporter.",
  "summary": "Yangzijiang Shipbuilding leads gainers on blue-chip index",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Fed hike throws Singapore banks a margin lifeline; UOB most likely to feel impact",
        "url": "https://urgent.news/2026/09/17/fed-hike-throws-singapore-banks-a-margin-lifeline-uob-most-likely-to",
        "published": "2026-09-17T09:15:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}