Singapore Stocks Rise, Affected by Global Market Trends

In a recent report, the Singapore stock market shows resilience with a notable rise, gaining over 100 points in five sessions. However, global market uncertainties may influence future investor behavior.

Date: 09-01-2025

AI Rating: 6

Singapore Stock Market Overview
The Straits Times Index (STI) demonstrated positive momentum with an increase of 58.81 points, or 1.54 percent, closing at 3,886.98. This indicates a strong recovery over the past five sessions, which saw a cumulative gain of over 100 points.

The report highlights several companies experiencing varied fortunes, particularly in financial and industrial sectors, whereas property shares faced some decline. Notably, DBS Group saw a significant rally of 2.11 percent, and Oversea-Chinese Banking Corporation made impressive gains of 4.15 percent. Conversely, real estate investments such as CapitaLand Integrated Commercial Trust and CapitaLand Investment recorded notable declines, indicating mixed performance across sectors.

Market Outlook
The global forecast remains flat and uncertain due to conflicting signals regarding interest rates, impacting investor confidence. The recent mixed results from U.S. job data add to this uncertainty, suggesting that traders are cautious.

Stocks: DBS OCBC