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Straits Times
21-07-2025
- Business
- Straits Times
Singapore shares rise amid mixed regional showing; STI up 0.4%
Find out what's new on ST website and app. The benchmark index gained 17.63 points, or 0.4 per cent, to close at a new high of 4,207.13. SINGAPORE – The Straits Times Index (STI) extended its upward trajectory on July 21 amid a mixed performance in regional markets. The benchmark index gained 17.63 points, or 0.4 per cent, to close at a new high of 4,207.13. Across the broader market, gainers beat decliners 333 to 224 after 2.06 billion shares worth $1.4 billion changed hands. Among the blue-chip stocks on the STI, Frasers Logistics and Commercial Trust emerged as the top gainer on July 21. The counter rose 3.5 per cent, or three cents, to close at 88 cents. The worst performer was Wilmar International, which fell 1 per cent, or three cents, to finish at $3.02. Thai Beverage was the most actively traded constituent stock. The counter closed flat at 47.5 cents with some 51 million shares traded. Noting the 'huge rally under way' for Singapore's small- and mid-cap stocks, Phillip Securities head of research Paul Chew believes this could be 'just the first wave of re-rating' for undervalued stocks. Top stories Swipe. Select. Stay informed. Singapore Subsidies and grants for some 20,000 people miscalculated due to processing issue: MOH Singapore 2 workers stranded on gondola dangling outside Raffles City Tower rescued by SCDF Business Why Singapore and its businesses stand to lose with US tariffs on the region Singapore NTU introduces compulsory cadaver dissection classes for medical students from 2026 Business $1.1 billion allocated to three fund managers to boost Singapore stock market: MAS Singapore AI-powered app accurately identifies pre-dementia seniors, to be available in 2026 Singapore Jail for man who conspired with another to bribe MOH agency employee with $18k Paris trip Singapore Jail, caning for man who held metal rod to cashier's neck in failed robbery attempt 'The second wave could be news of the MAS $5 billion Equity Market Development Programme being deployed in phases. The actual deployment of the funds will carry the market another leg,' he said. The market could be further lifted by strong corporate results in the upcoming earnings season, he added.
Business Times
21-07-2025
- Business
- Business Times
Singapore shares rise amid mixed regional showing; STI up 0.4%
[SINGAPORE] The Straits Times Index (STI) extended its upward trajectory on Monday (Jul 21) amid a mixed performance in regional markets. The benchmark index gained 17.63 points or 0.4 per cent to close at a new high of 4,207.13. Across the broader market, gainers beat decliners 333 to 224 after 2.06 billion shares worth S$1.4 billion changed hands. Among the blue-chip stocks on the STI, Frasers Logistics and Commercial Trust emerged as the top gainer on Monday. The counter rose 3.5 per cent or S$0.03 to close at S$0.88. The worst performer was Wilmar International , which fell 1 per cent or S$0.03 to finish at S$3.02. Thai Beverage was the most actively traded constituent stock. The counter closed flat at S$0.475 with some 51 million shares traded.
