The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the four-day slide in which it had surrendered almost 30 points or 0.9 percent. The Straits Times Index now rests just beneath the 3,295-point plateau and it's expected to hold steady in that neighborhood again on Wednesday.
The global forecast for the Asian markets suggests little movement thanks to mixed economic data and flattening crude oil prices. The European markets were up and the U.S. bourses were mostly lower, and the Asian markets figure to split the difference.
The STI finished modestly lower on Tuesday as losses from the financials and plantations were mitigated by support from the property sector.
For the day, the index sank 13.76 points or 0.42 percent to finish at 3,294.93 after trading between 3,291.06 and 3,322.50. Volume was 1.7 billion shares worth 1.13 billion Singapore dollars. There were 294 decliners and 204 gainers.
Among the actives, Golden Agri-Resources plunged 2.67 percent, while Singapore Press Holdings spiked 2.17 percent, Oversea-Chinese Banking Corporation skidded 1.49 percent, DBS Group retreated 1.28 percent, Yangzijiang Shipbuilding tumbled 1.26 percent, Wilmar International dropped 1.25 percent, CapitaLand Mall Trust jumped 0.96 percent, United Overseas Bank shed 0.58 percent, CapitaLand and SingTel both added 0.53 percent, Genting Singapore lost 0.42 percent and Global Logistic Properties, Thai Beverage and SembCorp Industries all were unchanged.
The lead from Wall Street offers little clarity as stocks remained near the flat line for much of Tuesday before finishing little changed and on opposite sides.
The Dow added 5.28 points or 0.02 percent to 21,998.99, while the NASDAQ shed 7.22 points or 0.11 percent to 6,333.01 and the S&P fell 1.23 percent or 0.05 percent to 2,464.61.
President Donald Trump is under fire for his late response to white nationalist violence over the weekend. A number of business leaders have quit his economic council in response.
In economic news, the National Association of Home Builders noted a rebound in confidence in August, while the Commerce Department said that business inventories in the U.S. increased more than expected in June.
Crude oil futures were flat Tuesday ahead of U.S. inventories data. WTI light sweet crude oil was up 4 cents to $47.55 a barrel on the New York Mercantile Exchange.
Closer to home, Singapore will provide July data for imports, exports and trade balance later today. In June, imports were worth 36.43 billion Singapore dollars and exports were at 42.42 billion SGD for a trade surplus of 5.99 billion SGD.
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Market Analysis
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.