Singapore's STI Keeps Hitting New Highs as Rally Continues -- Market Talk

Dow Jones

2025/07/10

0315 GMT - Singapore's equities rally has room to run, with the FTSE Straits Times Index reaching yet another record high in early trade. The index went past the psychologically important 4000 level at least three times last week, and is up 7.6% for the year. Analysts say momentum is being driven by Singapore's safe-haven appeal and upcoming market reforms. Stock market operator SGX is leading the day's gains, up 2.7% after reporting trading statistics for June. Other gainers include UOL, which rises 0.9%, and Singtel, up 1%. REITs such as Mapletree Logistics Trust and CapitaLand Ascendas are up 1.7% and 1.1%, respectively. Meanwhile, Hongkong Land falls 1.4% and DFI Retail Group declines 1%. The STI was last up 0.4% at 4074.28. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

July 09, 2025 23:15 ET (03:15 GMT)

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The index went past the psychologically important 4000 level at least three times last week, and is up 7.6% for the year. Analysts say momentum is being driven by Singapore's safe-haven appeal and upcoming market reforms. Stock market operator <a href=\"https://laohu8.com/S/S68.SI\">SGX</a> is leading the day's gains, up 2.7% after reporting trading statistics for June. Other gainers include <a href=\"https://laohu8.com/S/U14.SI\">UOL</a>, which rises 0.9%, and <a href=\"https://laohu8.com/S/Z74.SI\">Singtel</a>, up 1%. REITs such as Mapletree Logistics Trust and CapitaLand Ascendas are up 1.7% and 1.1%, respectively. Meanwhile, <a href=\"https://laohu8.com/S/HKHGF\">Hongkong Land</a> falls 1.4% and <a href=\"https://laohu8.com/S/DFIHY\">DFI Retail</a> Group declines 1%. The STI was last up 0.4% at 4074.28. 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The index went past the psychologically important 4000 level at least three times last week, and is up 7.6% for the year. Analysts say momentum is being driven by Singapore's safe-haven appeal and upcoming market reforms. Stock market operator <a href=\"https://laohu8.com/S/S68.SI\">SGX</a> is leading the day's gains, up 2.7% after reporting trading statistics for June. Other gainers include <a href=\"https://laohu8.com/S/U14.SI\">UOL</a>, which rises 0.9%, and <a href=\"https://laohu8.com/S/Z74.SI\">Singtel</a>, up 1%. REITs such as Mapletree Logistics Trust and CapitaLand Ascendas are up 1.7% and 1.1%, respectively. Meanwhile, <a href=\"https://laohu8.com/S/HKHGF\">Hongkong Land</a> falls 1.4% and <a href=\"https://laohu8.com/S/DFIHY\">DFI Retail</a> Group declines 1%. The STI was last up 0.4% at 4074.28. (megan.cheah@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 09, 2025 23:15 ET (03:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2550790696","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550790696","pubTimestamp":1752117300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0315 GMT - Singapore's equities rally has room to run, with the FTSE Straits Times Index reaching yet another record high in early trade. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数","STI":"Solidion Technology Inc."},"translate_title":"随着反弹的继续，新加坡海指不断创下新高——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":1,"STI":1},"content_text":"0315 GMT - Singapore's equities rally has room to run, with the FTSE Straits Times Index reaching yet another record high in early trade. The index went past the psychologically important 4000 level at least three times last week, and is up 7.6% for the year. Analysts say momentum is being driven by Singapore's safe-haven appeal and upcoming market reforms. Stock market operator SGX is leading the day's gains, up 2.7% after reporting trading statistics for June. Other gainers include UOL, which rises 0.9%, and Singtel, up 1%. REITs such as Mapletree Logistics Trust and CapitaLand Ascendas are up 1.7% and 1.1%, respectively. Meanwhile, Hongkong Land falls 1.4% and DFI Retail Group declines 1%. The STI was last up 0.4% at 4074.28. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 09, 2025 23:15 ET (03:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}