STI Falls 0.66% to 5,683.75 as Banks, Genting Singapore Lead Declines; Venture, ST Engineering Buck the Trend

Thursday, 27 August 2026 · Longbridge Singapore

The Straits Times Index closed at 5,683.75 on Thursday, down 37.84 points, or 0.66%, after climbing to an early high of 5,708.35 and sliding through the session to a low of 5,670.67. Declines outpaced advances 16 to 9 among the benchmark's 30 constituents, with five names unchanged, as all three local banks and Genting Singapore led the retreat while Venture, ST Engineering and Seatrium moved against the tide.

Thursday's weakness was broad rather than narrow. All three banks eased together for a second consecutive session — OCBC led the slide at 1.72%, with DBS down 0.77% and UOB down 0.76% — extending Wednesday's synchronized decline after Tuesday's uniform advance. Genting Singapore compounded the drag, falling as much as 3.88% in early trading before paring the loss into the close. Gains in industrial and technology-manufacturing names, including Venture, ST Engineering, Seatrium, Keppel and Wilmar, were not enough to offset the retreat elsewhere.

Session Movers

Venture Corp (V03.SG, +1.67%) was the session's best performer, still digesting an Aug. 6 first-half update that showed second-quarter net profit up 10.3% to S$63 million on revenue up 12.5% to S$726 million, with first-half net profit up 5.6% to S$119 million on strength in test-and-measurement, networking and semiconductor-equipment segments. The board lifted the interim dividend 20% to 30 cents a share alongside the results, and the company added Yeo Seng Chong Simon as an independent non-executive director from Aug. 1. There was no fresh disclosure Thursday. Consensus rates the stock Buy with a S$19.60 target, implying about 14.8% upside, with shares trading at 20.7 times earnings — cheaper than roughly 29% of the past year.

ST Engineering (S63.SG, +1.04%) advanced after unveiling two contract wins Wednesday: a NT$7.5 billion Taoyuan Metro Green Line extension in Taiwan, won with a Hyundai Rotem-led consortium and covering system integration, monitoring, communications and automatic fare collection over an expected seven-year build starting in the fourth quarter, and a toll-system modernization contract for its TransCore unit from the Tampa-Hillsborough Expressway Authority, covering an 18-mile, 18-toll-zone corridor with AI-based vehicle identification. Consensus still rates the stock Buy with an S$11.57 target, about 8.2% upside, even as shares trade at 57.7 times earnings — the richest multiple among its industry peers.

SGX (S68.SG, -1.10%) had no fresh company disclosure Thursday, easing in step with the broader market and giving back part of Wednesday's 0.67% gain, which had come as investors digested July's 37% year-on-year jump in securities turnover to S$46.2 billion and assets under management climbing to S$1.19 trillion. Shares still trade at 39.1 times earnings, near a 10-year high, having been cheaper only about 1.2% of the past decade. Consensus rates the stock Hold with a S$24.15 target, implying roughly 4.5% downside from Thursday's close.

Genting Singapore (G13.SG, -2.33%) was the session's weakest constituent, falling as much as 3.88% in early trading before paring the loss into the close. There was no new company disclosure Thursday; the stock remains anchored to the competitive dynamic flagged in mid-August coverage, when first-half revenue fell 1% to S$1.2 billion and EBITDA declined 8%, against a 12% revenue rise and 7% EBITDA growth at crosstown rival Marina Bay Sands, with Genting's casino license due to expire in February. Consensus rates the stock Hold with a S$0.70 target, implying about 10.4% upside, with shares trading at 24.96 times earnings — cheaper than roughly 37% of the past five years.

One point worth noting

Genting Singapore's intraday path stood out: shares fell as much as 3.88% in early trading before paring the loss to a 2.33% close, recovering close to 40% of the session's worst level even as it still finished as Thursday's biggest decliner. With no fresh company news behind the move, that partial recovery points to broad market pressure — not a Genting-specific shock — as the main driver.

This recap is for informational purposes only and does not constitute investment advice.

STI收报5,683.75点跌0.66%，银行股与云顶新加坡领跌，创业公司、新科工程逆势上涨

2026年8月27日星期四 · 长桥新加坡

海峡时报指数周四收报5,683.75点，跌37.84点，跌幅0.66%，盘中一度冲高至全日高点5,708.35点，随后震荡走低，最低触及5,670.67点。30只成分股中16只下跌、9只上涨、5只持平，三大银行与云顶新加坡领跌，创业公司、新科工程、胜科海事则逆势走高。

周四的跌势并非由单一因素主导。三大银行连续第二个交易日同向走低——华侨银行跌幅最深，达1.72%，星展银行跌0.77%，大华银行跌0.76%——延续了周三三行同步下跌的格局（此前周二三行曾同步上涨）。云顶新加坡加剧了跌势，早盘一度下跌3.88%，随后收窄跌幅。创业公司、新科工程、胜科海事、吉宝、丰益国际等工业与科技制造类股上涨，但不足以抵消其余板块的跌势。

个股焦点

创业公司（Venture Corp，V03.SG，+1.67%）是当天表现最好的成分股，市场仍在消化其8月6日公布的上半年业绩——第二季净利润同比增长10.3%至6300万新元，营收同比增长12.5%至7.26亿新元，上半年净利润同比增长5.6%至1.19亿新元，主要受检测测量、网络通信及半导体设备板块带动。董事会同时将中期股息上调20%至每股30分，公司并自8月1日起委任杨成松（Yeo Seng Chong Simon）为独立非执行董事。当日并无新披露。共识评级「买入」，目标价19.60新元，隐含约14.8%上行空间，该股市盈率20.7倍，比过去一年约29%的时间更便宜。

新科工程（ST Engineering，S63.SG，+1.04%）上涨，此前周三公布两项合约喜讯：与现代乐铁（Hyundai Rotem）组成的财团赢得台湾桃园捷运绿线延伸工程，总值75亿新台币，负责整体管理、系统整合及监控、通讯、自动收费等电子解决方案，项目预计第四季动工、七年内完工；旗下TransCore子公司同时获坦帕—希尔斯堡快速道路管理局委托，为一条18英里、含18个收费区的走廊进行收费系统现代化改造，采用AI车辆识别技术。共识评级仍为「买入」，目标价11.57新元，隐含约8.2%上行空间，该股市盈率57.7倍，为同业中最高。

新交所（SGX，S68.SG，-1.10%）当日并无新披露，走势跟随大盘转弱，回吐了周三+0.67%的部分涨幅——彼时市场正消化7月证券市场成交额同比大增37%至462亿新元、资产管理规模攀升至1.19万亿新元的数据。该股市盈率仍达39.1倍，接近近10年高位，仅比过去十年约1.2%的时间更便宜。共识评级「持有」，目标价24.15新元，较周四收盘价隐含约4.5%下行空间。

云顶新加坡（Genting Singapore，G13.SG，-2.33%）是当天表现最弱的成分股，早盘一度下跌3.88%，收盘前跌幅收窄。当日并无新公司披露，股价走势仍延续8月中旬报道的竞争格局：上半年营收下滑1%至12亿新元，EBITDA下降8%，而同城对手滨海湾金沙同期营收增长12%、EBITDA增长7%，云顶的博彩牌照将于明年2月到期。共识评级「持有」，目标价0.70新元，隐含约10.4%上行空间，该股市盈率24.96倍，比过去五年约37%的时间更便宜。

一个值得注意的点

云顶新加坡当天的盘中走势值得关注：早盘一度下跌3.88%，收盘前跌幅收窄至2.33%，收复了当日最深跌幅近四成，即便如此仍是当天跌幅最深的成分股。在没有新公司消息的情况下，这种盘中修复更像是反映大盘整体承压，而非云顶新加坡自身出现新的利空。

本文仅供参考，不构成任何投资建议。

STI收盤報5,683.75點跌0.66%，銀行股與雲頂新加坡領跌，創業公司、新科工程逆勢上漲

2026年8月27日星期四 · 長橋新加坡

海峽時報指數週四收盤報5,683.75點，跌37.84點，跌幅0.66%，盤中一度衝高至全日高點5,708.35點，隨後震盪走低，最低觸及5,670.67點。30檔成分股中16檔下跌、9檔上漲、5檔持平，三大銀行與雲頂新加坡領跌，創業公司、新科工程、勝科海事則逆勢走高。

週四的跌勢並非由單一因素主導。三大銀行連續第二個交易日同向走低——華僑銀行跌幅最深，達1.72%，星展銀行跌0.77%，大華銀行跌0.76%——延續了週三三行同步下跌的格局（此前週二三行曾同步上漲）。雲頂新加坡加劇了跌勢，早盤一度下跌3.88%，隨後收斂跌幅。創業公司、新科工程、勝科海事、吉寶、豐益國際等工業與科技製造類股上漲，但不足以抵銷其餘板塊的跌勢。

個股焦點

創業公司（Venture Corp，V03.SG，+1.67%）是當天表現最好的成分股，市場仍在消化其8月6日公布的上半年業績——第二季淨利潤年增10.3%至6300萬新元，營收年增12.5%至7.26億新元，上半年淨利潤年增5.6%至1.19億新元，主要受檢測測量、網路通訊及半導體設備板塊帶動。董事會同時將中期股息調升20%至每股30分，公司並自8月1日起委任楊成松（Yeo Seng Chong Simon）為獨立非執行董事。當日並無新披露。共識評等「買進」，目標價19.60新元，隱含約14.8%上漲空間，該股本益比20.7倍，比過去一年約29%的時間更便宜。

新科工程（ST Engineering，S63.SG，+1.04%）上漲，此前週三公布兩項合約喜訊：與現代樂鐵（Hyundai Rotem）組成的財團贏得台灣桃園捷運綠線延伸工程，總值75億新台幣，負責整體管理、系統整合及監控、通訊、自動收費等電子解決方案，專案預計第四季動工、七年內完工；旗下TransCore子公司同時獲坦帕—希爾斯堡快速道路管理局委託，為一條18英里、含18個收費區的走廊進行收費系統現代化改造，採用AI車輛辨識技術。共識評等仍為「買進」，目標價11.57新元，隱含約8.2%上漲空間，該股本益比57.7倍，為同業中最高。

新交所（SGX，S68.SG，-1.10%）當日並無新披露，走勢跟隨大盤轉弱，回吐了週三+0.67%的部分漲幅——當時市場正消化7月證券市場成交額年增37%至462億新元、資產管理規模攀升至1.19兆新元的數據。該股本益比仍達39.1倍，接近近10年高位，僅比過去十年約1.2%的時間更便宜。共識評等「持有」，目標價24.15新元，較週四收盤價隱含約4.5%下跌空間。

雲頂新加坡（Genting Singapore，G13.SG，-2.33%）是當天表現最弱的成分股，早盤一度下跌3.88%，收盤前跌幅收斂。當日並無新公司披露，股價走勢仍延續8月中旬報導的競爭格局：上半年營收下滑1%至12億新元，EBITDA下降8%，而同城對手濱海灣金沙同期營收成長12%、EBITDA成長7%，雲頂的博彩牌照將於明年2月到期。共識評等「持有」，目標價0.70新元，隱含約10.4%上漲空間，該股本益比24.96倍，比過去五年約37%的時間更便宜。

一個值得注意的點

雲頂新加坡當天的盤中走勢值得關注：早盤一度下跌3.88%，收盤前跌幅收斂至2.33%，收復了當日最深跌幅近四成，即便如此仍是當天跌幅最深的成分股。在沒有新公司消息的情況下，這種盤中修復更像是反映大盤整體承壓，而非雲頂新加坡自身出現新的利空。

本文僅供參考，不構成任何投資建議。