Stocks in Singapore opened Friday largely flat, with investors holding back on major commitments amid mixed regional cues and global uncertainty.
STI trades in narrow range
The Straits Times Index moved sideways in early trading, reflecting cautious positioning across blue-chip names. Banking stocks showed limited movement, while industrials and real estate investment trusts recorded marginal declines. Trading volumes remained light, pointing to a wait-and-see approach.
Global signals cloud outlook
Persistent geopolitical tensions and higher oil prices continued to influence sentiment, raising concerns about inflationary spill-overs and regional growth. Currency stability provided some reassurance, though broader risk appetite remained constrained by uncertainty over global monetary policy paths.
Sector rotation evident
Defensive sectors, including telecommunications and consumer staples, attracted modest interest, while growth-oriented stocks struggled to gain traction. Financials were mixed as investors assessed implications for lending margins and asset quality in a potentially slower global economy.
Session expectations
Market participants are likely to remain selective through the day, focusing on dividend yield and balance-sheet strength. Without fresh domestic catalysts, Singapore equities may continue to track broader Asian market movements.
Newshub Editorial in Asia – 20 February 2026
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