Dear readers, the Straits Times Index (STI), Singapore’s benchmark stock market index, closed at 4,849.10 on 16 January 2026. Based on the Relative Strength Index (RSI), the Straits Times Index stocks are currently in the overbought region, indicating strong bullish sentiment among investors toward the STI and Singapore equities.
As at 16 January 2026, the following STI constituent stocks are identified as overbought based on RSI readings:
- CapitaLand Investment
- City Developments
- DBS Group Holdings
- Hongkong Land
- Jardine Cycle & Carriage
- Mapletree Logistics Trust
- OCBC Bank
- ST Engineering
- UOB
- UOL Group
- Venture Corporation
Investors should remain mindful that overbought conditions may signal elevated optimism and could be followed by short-term price consolidation or corrections.