, Singapore
1023 views
Photo from Freepik

STI outperforms global indices with 5.6% total return in Q1

Share buybacks reached $560M in the quarter.

The Straits Times Index (STI) rose 5.1% to 4,885.45 in the first quarter of 2026 (Q1), with dividends lifting the total return to 5.6%, according to SGX Group.

The benchmark outperformed the FTSE APAC Index (+0.4%) and the FTSE World Index (-3.0%) in Singapore dollar terms.

Since the end of 2019, monthly dollar-cost averaging into an STI exchange-traded fund delivered an annualised return of 8.4% by end-Q1, compared with a 10.5% annualised total return for a lump-sum investment.

Gains were led by sector performance, with technology up 17.9% and industrials rising 11.7%. Consumer Goods also advanced 13.6%

In contrast, mid- and small-cap segments were weaker. The FTSE ST Mid & Small Cap Index and the iEdge Singapore Next 50 Index both declined by about 0.7% in total return terms, whilst the FTSE ST Fledgling Index gained 2.5%.

Net institutional inflows focused on Industrials, Consumer Cyclicals and Telecommunications. Share buybacks reached about $560M in the quarter.

Excluding real estate investment trusts, the small- and mid-cap segment saw close to S$470m in net institutional inflows, with average daily turnover rising to around $670m.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.