Singapore Stocks Rebound from Near 4-Week Low

2026-04-28 02:01 By Chusnul Chotimah 1 min. read

The STI Index rose 28 points, or 0.6%, to 4,921 in Tuesday morning trade, snapping a four-session losing streak and moving away from its lowest level since March 31.

The broader index tracked gains in US futures ahead of the release of a slew of earnings reports from major tech companies.

Electronic technology, industrial services, and commercial services led the gains.

Sentiment was also lifted by Monday's data, with industrial output growing sharply in March and marking the fastest pace in three months.

However, traders are looking ahead to PMI data from China to gauge the outlook for its top trading partner’s economy, as well as U.S.

Q1 GDP and March PCE inflation figures later this week, for clues on the Federal Reserve’s monetary policy path.

Uncertainty surrounding US-Iran ceasefire talks, however, limited the gains.

Among the top performers were Delta Electronics (11.6%), Venture Corp (1.5%), Semiconductor Manufacturing Intl.

(1.4%), OCBC (1.3%), and Singapore Tech.

(1.2%).



News Stream
Singapore Stocks Rebound from Near 4-Week Low
The STI Index rose 28 points, or 0.6%, to 4,921 in Tuesday morning trade, snapping a four-session losing streak and moving away from its lowest level since March 31. The broader index tracked gains in US futures ahead of the release of a slew of earnings reports from major tech companies. Electronic technology, industrial services, and commercial services led the gains. Sentiment was also lifted by Monday's data, with industrial output growing sharply in March and marking the fastest pace in three months. However, traders are looking ahead to PMI data from China to gauge the outlook for its top trading partner’s economy, as well as U.S. Q1 GDP and March PCE inflation figures later this week, for clues on the Federal Reserve’s monetary policy path. Uncertainty surrounding US-Iran ceasefire talks, however, limited the gains. Among the top performers were Delta Electronics (11.6%), Venture Corp (1.5%), Semiconductor Manufacturing Intl. (1.4%), OCBC (1.3%), and Singapore Tech. (1.2%).
2026-04-28
Singapore Stocks Extend Losses, Hit Nearly 4-Week Low
The STI Index fell 31 points, or 0.6%, to 4,892 in morning trade on Monday, declining for the fourth straight session and remaining at its lowest level since March 31, tracking a drop in U.S. futures amid failed U.S.-Iran peace talks. Utilities, non-energy minerals, health technology, and financial stocks led the declines. Traders also awaited the release of March industrial output data later in the day, after a drop in the previous month. Meanwhile, investors are looking ahead to PMI data from China to gauge the outlook for its top trading partner’s economy, as well as U.S. Q1 GDP and March PCE inflation figures later this week, for clues about the Federal Reserve’s monetary policy path. Early losers included Singapore Technologies Engineering (-1.1%), Jardine Matheson (-0.6%), Hongkong Land Holdings (-0.5%), UOB (-0.3%), and OCBC (-0.3%).
2026-04-27
Singapore Equities Hit Over 3-Week Low, Poised for Weekly Loss
The STI Index dropped 35 points, or 0.7%, to 4,908 in morning trade on Friday, falling for a third straight session and tracking declines on Wall Street overnight amid uncertainty over US-Iran ceasefire talks. The broader index lingered at its lowest level since March 30, as market sentiment remained cautious over concerns about oil supply disruptions after US President Trump indicated a naval blockade of Iranian ports. Traders also continued to assess March inflation data, which was the highest in 1½ years, raising expectations that the Monetary Authority of Singapore would further tighten monetary policy. Most sectors traded in the red, including non-energy minerals, technology, and financials. Among early losers were City Developments (-1.3%), SATS (-1.2%), Hongkong Land Holdings (-1.1%), and UOB (-0.9%). For the week, the index is heading for a 1.8% decline, which would mark its first weekly loss in a month, amid rising oil prices driven by the Iran conflict.
2026-04-24