Singapore’s stock market opened lower on Thursday, with the Straits Times Index beginning the session at 5,572.19, compared with the previous close of 5,595.42.
The decline of approximately 0.4 per cent reflected moderate profit-taking after the benchmark recently reached record territory. The index remained close to its historic highs despite the cautious start.
Trading was influenced by a mixed regional picture. Technology-heavy markets benefited from renewed optimism surrounding artificial intelligence investment, while rising oil prices and concerns about global inflation placed pressure on more defensive markets.
Singapore’s major banks, property groups and real estate investment trusts remained central to the session. Investors were also assessing whether higher global bond yields could affect financing costs and dividend-focused shares.
The opening suggested consolidation rather than a decisive change in direction following the market’s strong performance over recent months.
Newshub Editorial in Asia – 23 July 2026
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