Story perspectives

STI Soars 27% Amid Strong Bank Earnings and Reforms

9/7/2025

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Summary

Story summary

The Straits Times Index (STI) rose 27%, from 3,393 in April to a record 4,300.66 in September 2025.
Singapore's banks reported strong earnings, attracting investors with stable capital positions and dividends.
The Monetary Authority of Singapore's S$5 billion program enhanced market confidence.
Fangdd Network Group Ltd (DUO) struggles with a -41.1% pre-tax profit margin despite $284.96 million in revenue.
Nigeria's NIIRA 2025 reform aims to strengthen the insurance sector through risk-based capital and compulsory insurance.

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Story summary

The Straits Times Index (STI) rose 27%, from 3,393 in April to a record 4,300.66 in September 2025.
Singapore's banks reported strong earnings, attracting investors with stable capital positions and dividends.
The Monetary Authority of Singapore's S$5 billion program enhanced market confidence.
Fangdd Network Group Ltd (DUO) struggles with a -41.1% pre-tax profit margin despite $284.96 million in revenue.
Nigeria's NIIRA 2025 reform aims to strengthen the insurance sector through risk-based capital and compulsory insurance.