When everything is working, check your ego at the door
Before you act, work out what your portfolio is missing rather than what the market is celebrating
THE Straits Times Index (STI) closed above the 5,700 mark for the first time in late July 2026. It is a remarkable rise, with the index sweeping past milestone after milestone in the space of a few weeks.
But it also makes investors uneasy. The higher the number climbs, the thinner the air feels.
Then the bank results came in last week. DBS Group crossed S$6 billion in quarterly income for the first time, delivering a record net profit of nearly S$3.1 billion. Singapore’s biggest bank declared S$0.81 in dividends per share, up from S$0.75 a year earlier.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Singapore judge raises doubts iron ore trader Radiant World is owed US$1 billion