Institutions have net bought S$481.3m in Singapore stocks during the first seven sessions of October, coinciding with gains in key indices. The Straits Times Index (STI) rose by 3.3%, whilst the FTSE ST Mid Cap & Small Cap Index and FTSE ST Fledgling Index increased by 1.9% and 3.1% respectively. This surge in institutional buying highlights a strong start to the month for the Singapore stock market.
Among the 250-plus Singapore-listed stocks with market capitalisations exceeding S$100 million, Marco Polo Marine, Frencken, InnoTek, Wee Hur, and SATS experienced the highest net institutional buying relative to their market cap. Notably, nearly half of the top 50 stocks by net institutional buying-to-current cap ratio were from the Technology and Industrials sectors.
The FTSE Asia Pacific Index also saw a gain of 2.6% in early October, although momentum has slowed due to a softer 2026 global trade outlook and renewed US inflation risks. Despite these challenges, the Singapore stock market has maintained a positive trajectory with significant institutional inflows.
Marco Polo Marine and Frencken Group emerged as standout performers, each representing the Industrials and Technology sectors, respectively. Marco Polo Marine reported stable profitability in its recent business update, whilst Frencken Group remains focused on sustainable expansion through strategic investments.
Overall, the Singapore stock market’s performance in early October reflects robust institutional interest, particularly in the Technology and Industrials sectors, setting a positive tone for the remainder of the month.
