, Singapore

Daily Markets Briefing: STI down 0.22%

Expect some gains today.

The Straits Times Index (STI) ended 7.71 points or 0.22% lower to 3562.46, taking the year-to-date performance to +4.69%. 

The top active stocks were Singtel, which declined 0.85%, DBS, which declined 0.85%, Venture, which gained 3.49%, OCBC Bank, which gained 0.15% and Genting Sing, with a 1.56% advance.

The FTSE ST Mid Cap Index declined 0.16%, whilst the FTSE ST Small Cap Index rose 0.11%.

OCBC Investment Research noted that US stock indexes posted modest gains Monday, and the Dow ended with its eighth gain in a row, extending an uptrend on signs of easing trade tensions between the US and China.

Four out of eleven S&P 500 industries ended higher, led by Health Care (0.65%) and Energy (0.63%). Real Estate (-0.72%) and Utilities (-0.44%) led the declines.

"The gains on Wall Street overnight could provide a lift to the local bourse today," OIR noted.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Top News

Singapore targets $645m fund for SEA climate projects
The programme will also feature a data platform and a market development facility.
iWOW swings to $700,000 loss in H1 2027
Datacomm revenue fell 41%, whilst wireless engineering declined 35%.