Singapore's benchmark Straits Times Index (STI) opened 0.2% higher on Tuesday, with notable gains in ST Engineering (+2%), Yangzijiang Shipbuilding (+0.9%), and banking stocks OCBC (+0.6%) and UOB (+0.5%). However, aviation and financial sectors saw mixed performance as Singapore Airlines declined 0.4% and DBS slipped 0.2%. In corporate developments, Olam Group secured a $100 million financing facility for its agri-business unit ahead of a major stake sale to a Saudi investor, while Top Glove announced a leadership transition to the founder's son as joint managing director.
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