STI Adds 0.41% to Close at 5,658.24 as Banks Rise Together, Yangzijiang Leads

Thursday, 17 September 2026 · Longbridge Singapore

The Straits Times Index rose 22.83 points, or 0.41%, to close at 5,658.24 on Thursday, after trading between an intraday high of 5,671.13 and a low of 5,637.86. The advance was broad rather than concentrated: 21 of the index's 30 constituents rose against just four decliners and five unchanged, with Yangzijiang Shipbuilding and UOB among the session's strongest gainers even as DFI Retail lagged.

Asia-Pacific markets opened broadly higher Thursday even after a decline in US stocks that followed the Federal Reserve's latest rate move, with the Hang Seng Index up 0.52% in early trading. Singapore followed the regional tone, with all three local banks advancing together — a reversal from Wednesday's split performance — while shipping-linked Yangzijiang Shipbuilding extended a run tied to a tightening global tanker market, and defensive names such as DFI Retail bucked the broader advance.

Session Movers

Yangzijiang Shipbuilding (BS6.SG, +1.78%) was the session's best-performing selected mover, extending a run tied to a tightening global tanker market: shipping disruptions and vessel shortages are reshaping freight markets and reordering order books and contract mix for shipbuilders including Yangzijiang, Cochin Shipyard and Samsung Heavy Industries, according to sector coverage this week. The stock trades at 10.92 times earnings — cheaper than only about 10% of the past five years — against a consensus Strong Buy rating and a $5.25 target implying roughly 2% upside.

UOB (U11.SG, +1.63%) led the three local banks higher, the latest handoff in a leadership rotation among the trio that has changed hands almost daily this month. The gain followed Monday's disclosure that UOB joined DBS and OCBC in completing the first Singapore-dollar tokenized deposit payment on the Swift blockchain ledger, alongside a report that UOB was among the most active share buyers this month even as one brokerage flagged the stock as still undervalued after a €500 million capital raise. UOB trades at 1.37 times book — cheaper than only about 6% of the past five years — against a consensus Hold rating and a $42.98 target implying roughly 3% upside.

DFI Retail (D01.SG, -1.16%) slipped even as a sector note published Thursday reiterated long-term optimism on the stock, projecting a 10% compound annual profit growth rate through 2028 on rising public-housing supply and supermarket demand. The decline was milder than the unexplained slides of 3.05% and 3.09% recorded on 11 and 16 September, but it extends a pattern in which the stock has struggled to hold gains despite a Strong Buy consensus and a $5.04 target implying nearly 48% upside — the widest gap between price and target among Thursday's movers.

ST Engineering (S63.SG, +0.79%) edged higher, continuing to digest a run of contract wins disclosed in late August, including a NT$7.5 billion Taoyuan Metro Green Line extension project won with Hyundai Rotem and a toll-system modernisation contract awarded to its TransCore unit. The stock trades at 55.13 times earnings — more than double its level five years ago — against a consensus Buy rating and an $11.55 target implying roughly 13% upside.

One point worth noting

Twenty-one of the STI's 30 constituents advanced Thursday against just four decliners, but unlike several recent sessions, the gain was not concentrated in a handful of large movers — the day's biggest advancer, Yangzijiang Shipbuilding, rose only 1.78%, and no constituent moved more than 2% in either direction. That is a contrast with Tuesday's session, when an equally lopsided breadth reading — 21 decliners against just two advancers — accompanied far sharper individual moves, including a 2.67% drop in OCBC and a 2.36% decline in UOB.

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

STI涨0.41%报5,658.24点，三大银行同步上涨、扬子江船业领涨

2026年9月17日星期四 · 长桥新加坡

海峡时报指数周四收涨22.83点，涨幅0.41%，报5,658.24点，盘中一度上探5,671.13点高位、下探5,637.86点低位。当天的涨势较为普遍，并非集中在少数个股：30只成分股中21只上涨，仅4只下跌、5只持平，扬子江船业与大华银行领涨，牛奶国际（DFI Retail）则逆势下跌。

受美联储近期加息后美股走低影响，周四亚太股市早盘仍普遍走高，恒生指数早盘涨0.52%。新加坡市场跟随区域基调，三大银行同步走高——一改周三分化的表现，与造船相关的扬子江船业延续受全球油轮市场趋紧带动的涨势，而牛奶国际等防御性个股则逆势下跌。

个股焦点

扬子江船业（Yangzijiang Shipbuilding，BS6.SG，+1.78%）是当天已选个股中表现最好的一只，延续受全球油轮市场趋紧带动的涨势：本周相关行业报道指出，全球航运中断与船舶供应短缺正重塑油轮运费市场，扬子江船业、Cochin Shipyard、三星重工等船厂的利润率、合同结构与订单簿均受到影响。该股现价市盈率10.92倍，仅比过去5年约10%的时间更便宜，共识评级「强烈买入」、目标价5.25新元，隐含约2%上行空间。

大华银行（UOB，U11.SG，+1.63%）是三大银行中当天涨幅最大的一家，延续了本月银行股领涨权几乎每天轮换的格局。此前周一（9/15）披露星展银行、华侨银行、大华银行共同完成首笔新元代币化存款在Swift区块链账本上的境内银行间交易，另有报道称大华银行是本月回购最活跃的公司之一，尽管有券商在其完成5亿欧元融资后仍称该股被低估。该股现价市净率1.37倍，仅比过去5年约6%的时间更便宜，共识评级「持有」、目标价42.98新元，隐含约3%上行空间。

牛奶国际（DFI Retail，D01.SG，-1.16%）下跌，尽管周四一份行业报告重申对其长期前景的乐观看法，预计其2025至2028财年利润复合年增长率达10%，受公共住房供应增加带动超市需求所致。此次跌幅较9月11日、16日两次分别下跌3.05%、3.09%且均无解释的情况温和，但延续了该股即便估值具吸引力仍难以守住涨幅的模式——目前共识评级「强烈买入」、目标价5.04新元，隐含近48%上行空间，是当天几只个股中现价与目标价差距最大的一只。

新科工程（ST Engineering，S63.SG，+0.79%）小幅上涨，继续消化8月下旬披露的一系列合约喜讯，包括与现代乐铁组成财团赢得总值75亿新台币的台湾桃园捷运绿线延伸工程，以及旗下TransCore子公司获得的收费系统现代化合约。该股现价市盈率55.13倍，较五年前的水平高出逾一倍，共识评级「买入」、目标价11.55新元，隐含约13%上行空间。

一个值得注意的点

周四30只成分股中21只上涨，仅4只下跌，但与近期多个交易日不同的是，涨势并未集中在少数个股身上——当天涨幅最大的扬子江船业也只上涨1.78%，没有一只成分股单日涨跌超过2%。这与周二（9/15）形成对比：当时同样出现悬殊的广度（21只下跌、仅2只上涨），却伴随着更剧烈的个股波动，包括华侨银行下跌2.67%、大华银行下跌2.36%。

本文仅供参考，不构成任何投资建议。

STI漲0.41%收盤報5,658.24點，三大銀行同步上漲、揚子江船業領漲

2026年9月17日週四 · 長橋新加坡

海峽時報指數週四收漲22.83點，漲幅0.41%，報5,658.24點，盤中一度上探5,671.13點高點、下探5,637.86點低點。當天的漲勢較為普遍，並非集中在少數個股：30檔成分股中21檔上漲，僅4檔下跌、5檔持平，揚子江船業與大華銀行領漲，牛奶國際（DFI Retail）則逆勢下跌。

受美聯儲近期升息後美股走低影響，週四亞太股市早盤仍普遍走高，恆生指數早盤漲0.52%。新加坡市場跟隨區域基調，三大銀行同步走高——一改週三分化的表現，與造船相關的揚子江船業延續受全球油輪市場趨緊帶動的漲勢，而牛奶國際等防禦性個股則逆勢下跌。

個股焦點

揚子江船業（Yangzijiang Shipbuilding，BS6.SG，+1.78%）是當天已選個股中表現最好的一檔，延續受全球油輪市場趨緊帶動的漲勢：本週相關產業報導指出，全球航運中斷與船舶供應短缺正重塑油輪運費市場，揚子江船業、Cochin Shipyard、三星重工等船廠的利潤率、合約結構與訂單簿均受到影響。該股現價本益比10.92倍，僅比過去5年約10%的時間更便宜，共識評等「強烈買入」、目標價5.25新元，隱含約2%上行空間。

大華銀行（UOB，U11.SG，+1.63%）是三大銀行中當天漲幅最大的一家，延續了本月銀行股領漲權幾乎每天輪換的格局。此前週一（9/15）披露星展銀行、華僑銀行、大華銀行共同完成首筆新元代幣化存款在Swift區塊鏈帳本上的境內銀行間交易，另有報導稱大華銀行是本月回購最活躍的公司之一，儘管有券商在其完成5億歐元募資後仍稱該股被低估。該股現價股價淨值比1.37倍，僅比過去5年約6%的時間更便宜，共識評等「持有」、目標價42.98新元，隱含約3%上行空間。

牛奶國際（DFI Retail，D01.SG，-1.16%）下跌，儘管週四一份產業報告重申對其長期前景的樂觀看法，預期其2025至2028財年利潤複合年成長率達10%，受公共住宅供應增加帶動超市需求所致。此次跌幅較9月11日、16日兩次分別下跌3.05%、3.09%且均無解釋的情況溫和，但延續了該股即便估值具吸引力仍難以守住漲幅的模式——目前共識評等「強烈買入」、目標價5.04新元，隱含近48%上行空間，是當天幾檔個股中現價與目標價差距最大的一檔。

新科工程（ST Engineering，S63.SG，+0.79%）小幅上漲，持續消化8月下旬披露的一系列合約喜訊，包括與現代樂鐵組成財團贏得總值75億新台幣的台灣桃園捷運綠線延伸工程，以及旗下TransCore子公司取得的收費系統現代化合約。該股現價本益比55.13倍，較五年前的水準高出逾一倍，共識評等「買入」、目標價11.55新元，隱含約13%上行空間。

一個值得注意的點

週四30檔成分股中21檔上漲，僅4檔下跌，但與近期多個交易日不同的是，漲勢並未集中在少數個股身上——當天漲幅最大的揚子江船業也僅上漲1.78%，沒有一檔成分股單日漲跌超過2%。這與週二（9/15）形成對比：當時同樣出現懸殊的廣度（21檔下跌、僅2檔上漲），卻伴隨著更劇烈的個股波動，包括華僑銀行下跌2.67%、大華銀行下跌2.36%。

本文僅供參考，不構成任何投資建議。