Singapore Shares Close Higher As STI Climbs to 5,025.80

Singapore equities ended higher on June 12, with the Straits Times Index (STI) extending gains as regional sentiment improved and investors positioned for macroeconomic stability.

The STI rose 37.70 points, or 0.76%, to close at 5,025.80, finishing firmly above the 5,000 level. The advance reflected broad-based buying interest across key index components, supported by steady regional risk appetite.

Market sentiment was underpinned by optimism in global equities and expectations that central banks may maintain a more measured policy stance going forward, even as geopolitical uncertainties lingered.

The index’s gain reinforces its recent upward momentum, with blue-chip counters continuing to provide support in a relatively resilient trading environment.

Despite the positive close, trading remained cautious as investors monitored global inflation trends and geopolitical developments that could influence near-term direction.

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