Singapore stocks ended the week higher despite a late pullback, with the Straits Times Index (STI) gaining 40.14 points or 0.73% to close at 5,509.43 on Friday, supported by resilient investor sentiment and strong trading activity on the Singapore Exchange (SGX).
The benchmark index began the week at 5,470.34 before extending its rally to a weekly high of 5,559.72 on Wednesday, breaking above the 5,500-point mark. Profit-taking later emerged, with the STI easing to 5,539.38 on Thursday before ending slightly lower on Friday, although it remained close to record territory.
Market sentiment stayed constructive throughout the week despite lingering concerns over geopolitical tensions in the Middle East and expectations that US interest rates could remain higher for longer. Investors continued to find support in Singapore equities after the market’s recent record highs.
The positive backdrop was reinforced by SGX’s latest business update, which showed derivatives volume surged 31% year on year in June, while securities turnover also recorded strong growth, capping what the exchange described as a “stellar” financial year 2026 performance.
Separately, The Edge Singapore reported that SGX recorded its highest average daily trading value in 18 years, highlighting sustained investor participation across the local market.
The STI closed the week comfortably above the 5,500 level despite retreating from its midweek peak, reflecting continued resilience in Singapore’s equity market as investors balanced solid market fundamentals against global macroeconomic uncertainties.
