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Stocks in Singapore rose Thursday, as the FTSE Straits Times Index increased 0.4% to 3917.69, the third consecutive session of increases.

Among local companies with a market cap of at least 1 billion Singapore dollars ($778.1 million), SIA Engineering was the biggest leader during the session, rising 5.0%, and UOB-Kay Hian Holdings rose 4.4%. Genting Singapore rounded out the top three movers, as shares increased 4.4%.

Ho Bee Land was the biggest laggard, falling 1.6%, followed by shares of Keppel Infrastructure Tr, which dropped 1.3%. Shares of First Sponsor Group slipped 1.0%.

On the currency front, the WSJ Dollar Index was flat at 95.26. The U.S. dollar strengthened 0.1% against the Singapore dollar to S$1.29.

In the bond markets, the 10-year Singaporean government bond yield declined 2.5 basis points to 2.335%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 05, 2025 05:46 ET (09:46 GMT)

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