The winning streak has hit seven sessions for the Singapore stock market, which has advanced more than 65 points or 2 percent along the way. The Straits Times Index now rests just beneath the 3,350-point plateau, although investors figure to cash in on Tuesday.
The global forecast for the Asian markets suggests mild consolidation, with profit taking likely after recent gains - although mild support from crude oil prices will keep the damage minimal. The European markets were up and the U.S. bourses were down and the Asian markets figure to open in the red.
The STI finished modestly higher on Monday as gains from the financials and plantations were tempered by mixed performances from the industrials and properties.
For the day, the index picked up 9.07 points or 0.27 percent to finish at 3,349.80 after trading between 3,340.76 and 3,360.95. Volume was 2 billion shares worth 1 billion Singapore dollars. There were 228 gainers and 196 decliners.
Among the actives, City Developments plummeted 2.32 percent, while Thai Beverage surged 1.56 percent, Keppel Corp climbed 1.51 percent, Comfort DelGro spiked 1.49 percent, Golden Agri-Resources jumped 1.32 percent, Hutchison Port Holdings advanced 1.11 percent, CapitaLand Mall Trust gathered 0.98 percent, SembCorp Industries added 0.62 percent, SingTel fell 0.53 percent, DBS Group collected 0.50 percent, United Overseas Bank gained 0.37 percent, Yangzijiang Shipbuilding lost 0.33 percent and Wilmar International and Global Logistic Properties both were up 0.30 percent.
The lead from Wall Street is negative as stocks opened slightly higher on Monday but gave it all back to end in the red.
The Dow dipped 54.67 points or 0.23 percent to 23,273.96, while the NASDAQ fell 42.23 points or 0.64 percent to 6,586.83 and the S&P slid 10.23 points or 0.40 percent to 2,564.98.
The choppy trading came as traders seem reluctant to make significant moves amid a quiet day on the U.S. economic front. A heavy schedule of corporate earnings also looms in the coming days.
Crude oil futures inched higher Monday despite moves by Iraq to mitigate the supply disruptions brought on by the Kurdish conflict. WTI crude for December delivery on the New York Mercantile Exchange rose 6 cents to close at $51.90 a barrel.
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Market Analysis
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.