Market Focus Daily: Monday, June 23, 2025

Published Mon, Jun 23, 2025 · 05:46 PM

Market updates for Monday. PHOTO: ADOBE STOCK

Singapore and Asian markets trade lower after US strikes on Iran; Oil hits five-month high; Singapore core inflation slows as food and recreation prices fall; UBS downgrades Thai stocks to neutral as political woes weigh.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

---

THE BUSINESS TIMES INSIGHTS

Powering Asean's Future 2026

Find out how enterprises are navigating power constraints and sustainability targets

ACCESS THE INSIGHTS

Follow BT Market Focus and rate us on:

Channel: bt.sg/btmktfocus

Amazon: bt.sg/mfam

Asia: Market trade lower; oil prices spike after US strikes on Iran

Brent has risen 13 per cent since the Israel-Iran conflict began on June 13, while WTI has gained around 10 per cent.

Oil hits five-month high after US hits key Iranian nuclear sites

Food inflation eased to 1.1%, from 1.4% previously, as the prices of non-cooked food rose at a slower pace.

Singapore’s core inflation dips back to 0.6% in May; headline inflation at 0.8%

Apple Podcasts: bt.sg/mfap

Spotify: bt.sg/mfsp

YouTube Music: bt.sg/mfyt

Website: bt.sg/mktfocus

Feedback to: btpodcasts@sph.com.sg

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

Discover more BT podcast series:

BT Money Hacks at: bt.sg/btmoneyhacks

BT Correspondents: bt.sg/btcobt

BT Podcasts: bt.sg/pcOM

BT Branded Podcasts: bt.sg/btbrpod

BT Lens On: bt.sg/btlenson

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Market Focus

Share with us your feedback on BT's products and services

Feedback

TRENDING NOW

DBS’ Q3 net profit is down 5% at S$2.81 billion, largely due to weak markets trading income from unfavourable market conditions.

Analysts cut DBS target price on lower 2027 earnings, but see buying opportunity after share price slide

A Waymo Ojai autonomous vehicle, a China-made EV manufactured by Zeekr, on the road in Los Angeles, California.

Waymo founder predicts ‘landslide’ robotaxi adoption in Singapore, driven by high car costs

An "In Europe For Europe" sign beside an XPeng EV at the Paris Motor Show in Paris, France, on Oct 13.

The limits of China’s trade concessions to Europe

Nvidia CEO Jensen Huang’s net worth fell by US$15.1 billion to US$150.9 billion.

Nvidia CEO Jensen Huang drops from world’s top 10 richest after chips sell-off