, Singapore

Market Update: STI down 0.97%

Only Jardine Matheson managed to stay on the green when trading closed.

The Straits Times Index closed 30.34 points lower, or by 0.97%, to 3,111.26 on Thursday, 8 July.

Jardine Matheson was the only stock to stay on the green, gaining 0.63%.

Bottom performers include City Developments (-2.43%), Wilmar International (-2.43%), and Yangzijiang Shipbuilding (-2.78%).

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Horizon3 sets up ASEAN headquarters in Singapore
The cybersecurity company will expand its local team following a $319.8m (US$250m) funding round.
September surge masks looming export slowdown to 6% in 2027
Maybank raised its 2026 forecast to 27% from 18% in the same report.Non-oil domestic exports (NODX) growth could slow to 6% in 2027 as supply chain pressures and higher financing costs weigh on shipment momentum, Maybank Research Pte Ltd said.
Economy