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SGX:D05 27 January 2026 - 16 April 2026

Singapore Stock Market Today: STI Slips Despite Asia Rally as Banks Drag, Olam Jumps

Singapore Stock Market Today: STI Slips Despite Asia Rally as Banks Drag, Olam Jumps

Singapore’s Straits Times Index slipped 13.37 points, or 0.27%, to wrap up at 5,007.83 on Thursday. The retreat in the benchmark followed declines in the trio of local banks and Singtel, erasing gains from other corners of the market. Olam, though, surged almost 8%, while Asian equities in general found support on optimism for renewed U.S.-Iran diplomatic talks.
STI flirts with 5,000: Yangzijiang and AEM set the pace on SGX in the week ahead

STI flirts with 5,000: Yangzijiang and AEM set the pace on SGX in the week ahead

The Straits Times Index nearly hit 5,000 on Friday, ending the day at 4,995.07, up 0.6%. When the Singapore Exchange returns on Monday, traders will be eyeing that threshold. Yangzijiang Shipbuilding soared 10.7% and AEM surged 17.4%. Venture Corp, on the other hand, dropped 7.5%. Roughly S$3.2 billion in securities changed hands. “Asia’s appeal to global investors is set to become more pronounced,” wrote Eli Lee, chief investment strategist at Bank of Singapore.
Brent oil price jumps above $70 as Iran strike fears flare; traders eye OPEC+ and U.S. stocks

Brent oil price jumps above $70 as Iran strike fears flare; traders eye OPEC+ and U.S. stocks

Brent crude futures jumped more than 2% on Thursday and briefly traded above $70 a barrel, a four-month high, as investors weighed the risk of a U.S. military strike on Iran, OPEC’s fourth-largest producer at about 3.2 million barrels per day. Brent was up $1.39, or 2.03%, at $69.79 by 1011 GMT after touching $70.35; U.S. West Texas Intermediate rose $1.37 to $64.58. The immediate fear is Iran could “close the Strait of Hormuz” — a route for about 20 million barrels per day of oil — PVM analyst John Evans said, while DBS Bank’s Suvro Sarkar called the geopolitical risk premium the “main driver.”
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