Market Update: Singapore shares end in red, along with Asian peers

The Straits Times Index went back into the red on Thursday trade, closing at 2,824.96 down by 18.11 points or 0.64%.

The decline was triggered mainly by the rising COVID-19 cases in Singapore, and the continued stalemate of the US Congress over the coronavirus stimulus package deal.

Top stock losers were Singtel, jdown by 2.5%, Mapletree Industrial Trust shed about 2.10%, and DBS Group Holdings was down by 1.57%.

Meanwhile, Wall Street ended mixed with the Dow Jones Industrial down by 0.23%, closing at 29,999.26.

The S&P 500 also ended in negative territory, down by 0.13% to 3,668.10, while the NASDAQ Composite made a little jump by 0.54% at 12,405.81.

London's blue-chip index closed in green amid its Brexit overhang. The FTSE 100 closed at 6,599.76 up by 0.54% or 35.47 points.

The FTSE 250 on the other hand, lowered for the day by about 127.79 points or 0.64% to close at 19,756.10.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

Singapore greenfield FDI projects in Dubai rise 22% in 2025
Singapore ranked seventh among Dubai’s source markets, with 33 announced projects worth $265m.
Markets & Investing
Landed home sales ease to $5.4b in 1H 2026
Prestige landed properties remained resilient, with transaction value rising 19.3% YoY.
Residential Property
Monday Wrap: GDP upgrade, cyber blind spots, and art shift
Mixed signals as hiring softens, wealth competition rises, and tech AI gains continue.

Exclusives

Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.
Choosier Asia buyers steer auctions toward rare art
Collectors are bidding harder for works with clear ownership histories.