Singapore shares ended lower due to mixed performances, global market uncertainty, and cautious traders
From Nasdaq: 2025-05-14 20:00:00
The Singapore stock market ended lower on Wednesday, with the STI dropping 0.26% to 3,871.05 points. Mixed performances from the financials, properties, and industrials contributed to the decline. Global markets are uncertain due to ongoing trade policy concerns, with European markets down but U.S. bourses mostly higher. In the U.S., the Dow fell 0.21%, the NASDAQ rose 0.72%, and the S&P 500 gained 0.10%. Crude oil prices also slipped by 1.27% to $62.87 per barrel. Traders are cautious ahead of key U.S. economic data releases and a speech by Federal Reserve Chair Jerome Powell on Thursday.
Read more at Nasdaq: Rebound Anticipated For Singapore Shares