Singapore's Straits Times Index Edges Lower on Friday Amid Regional Sentiment

March 7, 2026

Global Markets

Reuters

Singapore's Straits Times Index fell 0.25% on Friday to close at 3150.30 points, influenced by cautious regional sentiment and global economic slowdown concerns. Banking and property stocks faced pressure.

Singapore's Straits Times Index (STI) showed a weak performance in Friday's trading, closing at 3150.30 points, down 7.88 points or 0.25%. This performance was consistent with the cautious sentiment across other major Southeast Asian markets, including Kuala Lumpur and Jakarta. Investor concerns over slowing global economic growth and uncertainty regarding the US Federal Reserve's future monetary policy path continued to weigh on regional equities. Banking stocks such as DBS Group and OCBC Bank, along with major property developers, all saw marginal declines. Analysts expect regional markets to continue trading sideways in the short term, lacking new catalysts.

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