A SMART LOOK AT INVESTINGBefore you act, work out what your portfolio is missing rather than what the market is celebratingSingapore’s big three banks – DBS, UOB and OCBC – comprised almost 58% of the Straits Times Index as at Aug 7. PHOTO: BT FILETHE Straits Times Index (STI) closed above the 5,700 mark for the first time in late July 2026. It is a remarkable rise, with the index sweeping past milestone after milestone in the space of a few weeks. DBS Group crossed S$6 billion in quarterly income for the first time, delivering a record net profit of nearly S$3.1 billion. Singapore’s biggest bank declared S$0.81 in dividends per share, up from S$0.75 a year earlier.