Singapore stock market rises with STI up 0.56%, despite global market forecasts

From Nasdaq: 2025-06-25 20:02:00

The Singapore stock market has been on the rise, with the Straits Times Index climbing over 45 points in two consecutive sessions. Despite global market forecasts suggesting little movement, the STI closed at 3,925.98 on Wednesday, up 0.56 percent, with financial and property stocks leading the gains. On Wall Street, major averages opened mixed and ended flat, with the Dow down 0.25 percent, the NASDAQ up 0.31 percent, and the S&P 500 unchanged. In economic news, new home sales in the U.S. saw a significant decline in May, while crude oil prices rose on a draw in inventories and increased gasoline demand. Singapore is set to release industrial production figures for May, with an expected 2.5 percent month-on-month decrease and a 2.6 percent year-on-year increase following April’s positive numbers.



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