Local retail investors are eager to get in on the action as well. According to SGX, retail investors accounted for $2.62 billion in net inflows to local stocks, the highest level since 2020.
By most conventional measures, the work of the Monetary Authority of Singapore’s (MAS) Equities Market Review Group has paid off. The flagship Straits Times Index (STI) generated over 28% total returns in 2025. In fact, on a five-year basis, the STI’s total returns were over 100% in Singapore dollar terms, surpassing many regional markets.
Trading activity on the Singapore Exchange (SGX) has also been picking up. In November 2025, the average daily traded value of securities rose by more than 20% y-o-y to almost $1.8 billion, hitting a new high since 2010.
