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.

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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

80/100
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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Times and estimates may change. Verify before trading.