STI Gains 0.32% to 5,714.37 as Banks and Yangzijiang Lead; SGX Slumps 5.72%

Monday, 14 September 2026 · Longbridge Singapore

The Straits Times Index closed at 5,714.37 on Monday, up 18.44 points, or 0.32%, after trading between an intraday high of 5,725.56 and a low of 5,677.79. The advance came even as decliners outnumbered advancers across the index, 15 to 10, with five names unchanged — gains concentrated in the three local banks and Yangzijiang Shipbuilding offset a sharp slide in SGX shares and continued softness across REITs and property counters.

The three banks extended Friday's synchronized advance into a second straight session, building on last week's milestone SGD tokenised-deposit settlement on Swift's blockchain ledger and this week's Forbes ranking placing OCBC and DBS atop its 2026 global banking list. UOB led the trio after pricing a covered-bond issue, while DBS added a fresh piece of survey data on corporate sentiment. Yangzijiang Shipbuilding rose on a tightening global tanker market reshaping order-book and margin expectations for shipbuilders. Those gains were large enough to lift the index even as SGX shares themselves fell sharply and REITs and several property names stayed under pressure.

Session Movers

Yangzijiang Shipbuilding (BS6.SG, +2.61%) rose as a report on tightening global tanker freight markets highlighted rerouted trade flows and fleet-renewal demand reshaping order books and contract mix for shipbuilders including Yangzijiang, Cochin Shipyard and Samsung Heavy Industries. The stock trades at 10.76 times earnings, cheaper than roughly 12% of the past five years, with a consensus target of $5.24 implying modest upside from current levels.

UOB (U11.SG, +2.59%) led the three banks higher after pricing a €500 million covered-bond issue maturing 2031; a fair-value analysis this week put the stock at roughly 5% undervalued against an estimated $43.43, citing digital transformation and ASEAN expansion, though it flagged cooling short-term momentum. Separate reporting this week named UOB among the more active buyback participants over the past two weeks, alongside Keppel.

DBS (D05.SG, +0.86%) rose alongside UOB and OCBC for a second straight session. A DBS Hong Kong survey released this week showed 63% of firms upbeat on the 12-18 month outlook, though AI-adoption rates diverged sharply between large corporates (62%) and SMEs (38%). The bank is also running a 2027 reserve-cadre recruitment programme aimed at cultivating AI-era financial leadership.

SGX (S68.SG, -5.72%) fell sharply even as the exchange disclosed plans to file cryptocurrency perpetual futures contracts with the US Commodity Futures Trading Commission, aiming to become one of the first major traditional exchanges to offer the product to US institutions, and Lim & Tan Securities reiterated a Hold rating with a $25.00 target. No negative company disclosure accompanied the decline, which extended a slide flagged in recent sessions despite strong August turnover data.

One point worth noting

Decliners outnumbered advancers 15 to 10 across the STI's constituents, yet the index still rose 0.32% — a breadth-versus-index divergence that has recurred through the past several weeks. SGX shares alone fell 5.72%, the basket's sharpest single move, while the index's gain rested almost entirely on the three banks and Yangzijiang Shipbuilding, a reminder that a handful of heavyweights can offset broad softness elsewhere in the market.

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

STI涨0.32%报5,714.37点，银行股与扬子江船业领涨；新交所重挫5.72%

2026年9月14日星期一 · 长桥新加坡

海峡时报指数周一收报5,714.37点，涨18.44点，涨幅0.32%，盘中一度上探5,725.56点高位、下探5,677.79点低位。此次上涨广度并不占优：30只成分股中15只下跌、10只上涨、5只持平，跌家数明显超过涨家数——涨幅集中在三大银行与扬子江船业身上，抵消了新交所股价大幅下挫及REIT、地产类股持续疲软的拖累。

三大银行延续上周五的同步上涨势头，进入连续第二个交易日走高，此前一周已在Swift区块链账本上完成SGD代币化存款境内银行间实时结算的里程碑交易，本周福布斯又将华侨银行、星展银行分列2026年全球银行业排名第一、第二。大华银行本次领涨三行，因其定价发行一笔担保债券；星展银行则新增一份企业信心调查数据作为催化剂。扬子江船业受全球油轮运力趋紧带动上涨，相关报道重塑了造船业的订单结构与利润率预期。这些涨幅足以拉动指数走高，尽管新交所股价本身大幅下跌，REIT与部分地产类股仍承压。

个股焦点

扬子江船业（Yangzijiang Shipbuilding，BS6.SG，+2.61%）受一份关于全球油轮运力趋紧的报道带动上涨，报道称贸易航线改道与船队更新需求正重塑扬子江船业、科钦造船厂、三星重工等船厂的订单结构与利润率预期。该股现价市盈率10.76倍，比过去5年约12%的时间更便宜，共识目标价5.24新元，较现价略有上行空间。

大华银行（UOB，U11.SG，+2.59%）领涨三大银行，因其定价发行5亿欧元、2031年到期的担保债券；本周一份估值分析认为该股相对43.43新元的估算公允价值被低估约5%，理由是数字化转型与东盟业务扩张，但同时提示短期动能有所降温。另据本周报道，大华银行是近两周回购较为活跃的成分股之一，与吉宝同列。

星展银行（DBS，D05.SG，+0.86%）与大华银行、华侨银行同步走高，连续第二个交易日上涨。本周星展香港一项调查显示63%的受访企业对未来12-18个月展望乐观，但大型企业（62%）与中小企业（38%）在AI应用采纳率上分化明显；该行同时在推进2027年储备干部招募计划，培养AI时代的金融领导人才。

新交所（SGX，S68.SG，-5.72%）股价大幅下挫，尽管公司披露拟向美国机构投资者提供加密货币永续期货合约，已向美国商品期货交易委员会提交相关文件，力图成为首批将该产品引入主流的大型传统交易所之一，同期Lim & Tan Securities亦重申「持有」评级、目标价25.00新元。当天并无负面公司披露伴随此次下跌，跌势延续了近期交易日反复出现的疲软态势，尽管此前8月成交额数据强劲。

一个值得注意的点

30只成分股中15只下跌、仅10只上涨，指数却仍上涨0.32%——这种广度与指数方向背离的情形近几周已多次出现。新交所股价单日重挫5.72%，为篮子内当天波动最大的个股，而指数涨幅几乎完全依赖三大银行与扬子江船业支撑，提示少数权重股仍足以抵消市场内部的普遍疲软。

本文仅供参考，不构成任何投资建议。

STI漲0.32%收盤報5,714.37點，銀行股與揚子江船業領漲；新交所重挫5.72%

2026年9月14日週一 · 長橋新加坡

海峽時報指數週一收盤報5,714.37點，漲18.44點，漲幅0.32%，盤中一度上探5,725.56點高點、下探5,677.79點低點。本次上漲廣度並不佔優：30檔成分股中15檔下跌、10檔上漲、5檔持平，跌檔明顯超過漲檔——漲幅集中在三大銀行與揚子江船業身上，抵銷了新交所股價大幅下挫及REIT、地產類股持續疲軟的拖累。

三大銀行延續上週五的同步上漲走勢，連續第二個交易日走高，此前一週已在Swift區塊鏈帳本上完成SGD代幣化存款境內銀行間即時結算的里程碑交易，本週富比士又將華僑銀行、星展銀行分列2026年全球銀行業排名第一、第二。大華銀行本次領漲三行，因其定價發行一筆擔保債券；星展銀行則新增一份企業信心調查數據作為催化劑。揚子江船業受全球油輪運力趨緊帶動上漲，相關報導重塑了造船業的訂單結構與利潤率預期。這些漲幅足以拉動指數走高，儘管新交所股價本身大幅下跌，REIT與部分地產類股仍承壓。

個股焦點

揚子江船業（Yangzijiang Shipbuilding，BS6.SG，+2.61%）受一份關於全球油輪運力趨緊的報導帶動上漲，報導稱貿易航線改道與船隊更新需求正重塑揚子江船業、科欽造船廠、三星重工等船廠的訂單結構與利潤率預期。該股現價本益比10.76倍，比過去5年約12%的時間更便宜，共識目標價5.24新元，較現價略有上行空間。

大華銀行（UOB，U11.SG，+2.59%）領漲三大銀行，因其定價發行5億歐元、2031年到期的擔保債券；本週一份估值分析認為該股相對43.43新元的估算公允價值被低估約5%，理由是數位轉型與東協業務擴張，但同時提示短期動能有所降溫。另據本週報導，大華銀行是近兩週回購較為活躍的成分股之一，與吉寶同列。

星展銀行（DBS，D05.SG，+0.86%）與大華銀行、華僑銀行同步走高，連續第二個交易日上漲。本週星展香港一項調查顯示63%的受訪企業對未來12-18個月展望樂觀，但大型企業（62%）與中小企業（38%）在AI應用採用率上分化明顯；該行同時在推動2027年儲備幹部招募計畫，培養AI時代的金融領導人才。

新交所（SGX，S68.SG，-5.72%）股價大幅下挫，儘管公司揭露擬向美國機構投資者提供加密貨幣永續期貨合約，已向美國商品期貨交易委員會提交相關文件，力圖成為首批將該產品引入主流的大型傳統交易所之一，同期Lim & Tan Securities亦重申「持有」評級、目標價25.00新元。當天並無負面公司揭露伴隨此次下跌，跌勢延續了近期交易日反覆出現的疲軟態勢，儘管此前8月成交額數據強勁。

一個值得注意的點

30檔成分股中15檔下跌、僅10檔上漲，指數卻仍上漲0.32%——這種廣度與指數方向背離的情形近幾週已多次出現。新交所股價單日重挫5.72%，為籃子內當天波動最大的個股，而指數漲幅幾乎完全依賴三大銀行與揚子江船業支撐，提示少數權重股仍足以抵銷市場內部的普遍疲軟。

本文僅供參考，不構成任何投資建議。