FTSE ST Industrial Index outpaces STI

The sector has recorded $588m in net institutional inflows this year, led by Singtel.

The FTSE ST Industrials Index has outpaced the STI in 2025, generating a 17.1% total return, according to a SGX Market update.

According to the report, much of the gains have been since the end of February, with the Index generating a 16.6% price gain compared to STI’s 3.9%.

The sector has recorded $588m in net institutional inflows this year, closely approaching the Telecommunication Sector—led by Singtel—which currently holds the highest inflow at $591m.

Global supply chain shifts from China to Southeast Asia and India are boosting industrial growth and jobs. Simultaneously, rapid artificial intelligence and automation adoption are enhancing regional productivity and infrastructure.

Additionally, a robust pipeline of local public and private construction projects, coupled with improved sector margins in 2024, supported market confidence during the first half.