Singapore stocks fall on Friday, tracking regional peers
Straits Times Index loses 0.7% or 29.84 points to finish at 4,546.07 while the iEdge Singapore Next 50 Index gains 0.1% or 1.54 points to 1,461.39
[SINGAPORE] Singapore stocks ended lower on Friday (Nov 14), tracking regional benchmarks.
The benchmark Straits Times Index (STI) lost 0.7 per cent or 29.84 points to finish at 4,546.07. Meanwhile, the iEdge Singapore Next 50 Index gained 0.1 per cent or 1.54 points to 1,461.39.
Across the broader market, gainers trailed losers 172 to 440, after 1.5 billion securities worth S$1.8 billion changed hands.
Key regional indices were negative. Hong Kong’s Hang Seng Index lost 1.9 per cent; Japan’s Nikkei 225 index fell 1.8 per cent; South Korea’s Kospi declined 3.8 per cent and the FTSE Bursa Malaysia KLCI dipped 0.4 per cent.
ThaiBev led the gainers on Singapore’s blue-chip index, rising 1.1 per cent or S$0.005 to end at S$0.475.
The worst performer among STI constituents was Venture , which fell 3.3 per cent or S$0.50 to close at S$14.56. This followed Venture’s Q3 2025 business update released after Thursday’s market close which reported a fall in revenue and earnings per share.
The local banks all ended lower. DBS lost 0.4 per cent or S$0.22 to finish at S$53.99, OCBC fell 0.8 per cent or S$0.14 to finish at S$18.52, and UOB was down 0.3 per cent or S$0.10 to finish at S$34.
Investors are turning their focus on tech valuations amid hawkish remarks from the Fed, said Jose Torres, senior economist at Interactive Brokers. Questions are swirling over whether significant capital expenditure on artificial intelligence will result in elevated returns, and if interest rates will see another cut.
“Stocks and Treasuries are sinking simultaneously in broad fashion, as bulls and bears alike await the resumption of economic data from federal agencies to justify the addition or removal of risk from portfolios,” said Torres.
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