Singapore stock market expected to open lower on Monday due to negative global forecast

From Nasdaq.: 2025-06-22 20:00:00

The Singapore stock market has been on a downward trend, with the Straits Times Index falling almost 50 points over three sessions. The negative global forecast due to U.S. involvement in the Israel/Iran conflict is expected to continue to impact the market on Monday. On Friday, the STI closed lower, dragged down by losses in financial and property stocks. The index ended at 3,883.43 after hitting a high of 3,903.72. Wall Street also closed mixed, with the Dow up slightly and the NASDAQ and S&P 500 down. The White House’s statement on potential negotiations with Iran provided a brief boost to U.S. markets.

The economic front remains uncertain, with the Federal Reserve Bank of Philadelphia reporting weak regional manufacturing activity in June. Crude oil prices slipped as concerns about U.S. involvement in the Israel-Iran conflict eased. Singapore will release May consumer price index figures and Q1 unemployment data today.



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