STI crosses 5,000 mark for first time to record high
The Straits Times Index (STI) surpassed the 5,000 mark for the first time on 12 February 2026, hitting 5,004.02 in morning trading. This historic milestone came well ahead of analyst forecasts and was driven by strong gains across blue-chip constituents, particularly the three local banks which comprise around half the index by weight. DBS Group (SGX: D05) rose 0.5% to S$57.77, OCBC Bank (SGX: O39) climbed 1.3% to S$21.62, and UOB (SGX: U11) advanced 0.9% to S$39.23....Singapore’s financial markets entered uncharted territory this week as the Straits Times Index (SGX: ^STI) breached the 5,000-point mark for the first time in history.
This record-breaking rally is underpinned by a powerhouse economy: 2025 GDP growth has been revised upward to a robust 5%, while real household incomes have surged by 6.8%.
Prime Minister Lawrence Wong’s Budget 2026 statement doubled down on artificial intelligence adoption and business transformation, whilst maintaining support for households through enhanced voucher schemes and a new CPF investment option.
