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Singapore market cap up 3.3% in June on hopes of trade tensions easing

US Fed's more dovish policy outlook also lifts investor sentiment

Claudia Chong
Published Fri, Jun 28, 2019 · 09:50 PM

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Singapore

SINGAPORE'S stock market value bounced back in June amid news of the US Federal Reserve's more accommodative policy outlook and hopes of US-China trade tensions easing as world leaders head into the G20 summit.

The total market capitalisation of Singapore-listed stocks rose 3.3 per cent month-on-month to S$933.9 billion in June. The total market cap of Straits Times Index (STI) constituents rose 5.2 per cent to S$581.7 billion.

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