The Singapore Exchange (SGX) reported that despite an overall institutional net outflow of S$140m for July up to 13 July, the Industrials sector experienced a significant net institutional inflow of S$170m. This inflow was primarily driven by transportation, logistics, and engineering-related businesses, with Singapore Airlines and SATS leading the charge.
Singapore Airlines recorded a net institutional inflow of S$146m, equivalent to 215% of its average daily trading turnover (ADT), whilst SATS saw S$39m, equating to 186% of its ADT. These figures highlight the concentrated nature of the inflows within the Industrials sector, rather than a broad-based trend.
In the first half of 2026, the Technology sector had the highest net institutional inflow at S$580m. However, by 13 July, it experienced a net outflow of S$91m, partially reversing earlier gains. The Industrials sector followed with S$457m in net inflows during the same period, underscoring its resilience amidst broader market trends.
The inflows into Industrials were not only significant in absolute terms but also when adjusted for liquidity, representing 54% of the sector’s ADT. This was the highest liquidity-adjusted reading across all sectors, indicating robust institutional interest relative to daily trading activity.
The data suggests that institutional investors are selectively targeting sectors with strong growth prospects, particularly those linked to aviation, logistics, and engineering. This trend aligns with ongoing developments such as the expansion of Changi Airport and related infrastructure investments, reinforcing Singapore’s position as a regional transport and logistics hub.
