The Singapore stock market has moved higher in four straight sessions, improving more than 100 points or 2 percent along the way. Now at a fresh record closing high, the Straits Times Index sits just above the 5,040-point plateau although it may spin its wheels on Tuesday. The global forecast for the Asian markets is negative due to uncertainty surrounding U.S. tariff policies. The European and U.S. markets were down and the Asian bourses are expected to follow suit. The STI finished modestly higher again on Monday following gains from the property stocks and industrial companies, while the financial sector was mixed. For the day, the index improved 23.73 points or 0.47 percent to finish at the daily high of 5,041.33 after trading as low as 5,014.36. Among the actives, CapitaLand Integrated Commercial Trust jumped 1.65 percent, while CapitaLand Investment rose 0.32 percent, City Developments advanced 0.72 percent, DBS Group perked 0.28 percent, DFI Retail Group dropped 0.95 percent, Genting Singapore tumbled 2.47 percent, Hongkong Land spiked 2.35 percent, Keppel DC REIT and Frasers Centrepoint Trust both added 0.44 percent, Keppel Ltd climbed 0.77 percent, Mapletree Pan Asia Commercial Trust improved 0.69 percent, Oversea-Chinese Banking Corporation fell 0.14 percent, SATS expanded 0.78 percent, Seatrium Limited rallied 2.31 percent, SembCorp Industries increased 0.47 percent, Singapore Airlines vaulted 0.87 percent, Singapore Exchange gained 0.39 percent, Singapore Technologies Engineering soared 2.55 percent, SingTel sank 0.40 percent, Thai Beverage skidded 1.04 percent, United Overseas Bank collected 0.62 percent, UOL Group shed 0.27 percent, Wilmar International slumped 1.40 percent, Yangzijiang Shipbuilding surged 3.49 percent and Mapletree Industrial Trust, Mapletree Logistics Trust, CapitaLand Ascendas REIT and Frasers Logistics & Commercial Trust were unchanged.
The lead from Wall Street is bleak as the major averages opened lower and remained in the red throughout the session, ending near daily lows.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.