Singapore stock market may break losing streak with global market sentiment improving

From Nasdaq: 2025-06-16 20:00:00

The Singapore stock market finished lower for the second consecutive session, with the Straits Times Index just below the 3,910-point mark. However, hopes for peace between Israel and Iran boosted global market sentiment, with European and U.S. markets posting gains. The STI closed slightly lower on Monday, with financial losses offset by support from the industrials sector. The Dow, NASDAQ, and S&P 500 all ended higher on Wall Street, as traders sought bargains following a previous drop triggered by Israeli airstrikes on Iran. Crude oil prices fell after Iran signaled willingness to ease tensions with Israel.



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