Singapore’s stock market experienced a significant boost in the first week of March, with institutional investors contributing S$39m in net inflows. This marks the first instance of net buying by institutions since late January and the highest weekly net inflow since December’s shortened trading week.
The Industrials and Consumer Non-Cyclicals sectors were the primary beneficiaries, with substantial net inflows reversing two months of net outflows. Industrials, which had seen a net outflow of S$93.5m in the first two months of 2025, recorded a S$102.1m net inflow last week. This surge was led by companies such as ST Engineering and Singapore Airlines. Similarly, the Consumer Non-Cyclicals sector, led by Wilmar International, Thai Beverage, and First Resources, saw a net inflow of S$22.6 million, more than offsetting the S$8 million outflow from earlier in the year.
Among the 50 stocks with the highest net institutional inflows, Hong Leong Asia, ST Engineering, ISDN Holdings, and First Resources posted double-digit percentage price gains. Notably, ISDN Holdings reported a 72% increase in FY24 attributable net profit, driving a 12.9% rise in its share price. The company’s revenue grew 9% year-on-year, with significant contributions from its China and Southeast Asia industrial automation businesses.
This influx of institutional investment signals a renewed confidence in Singapore’s market, potentially setting the stage for continued growth in the coming months.
“`
This news story was carefully selected and published by a human editor, though the content itself was AI-generated. If you spot an error, please report it here.
