The Singapore stock market is poised to achieve the largest weekly gain since January 2021, benefiting from optimistic performances by major banks. OCBC Bank and UOB have announced through the exchange that the percentage increase in non-interest income has reached double digits. DBS Group has also reported record profits and unexpectedly announced a share buyback plan, driving the stock price to an all-time high. The Straits Times Index of Singapore has risen by 5% this week, nearing the historical high set in 2007.
富时新加坡海峡指数本周以来上涨5%，距2007年创下的历史高点仅一步之遥
Straits Times Index of Singapore has risen by 5% since the beginning of this week, approaching the historical high set in 2007.
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