Singapore’s stock market did not open on Monday, with the Singapore Exchange closed for the observed National Day public holiday. National Day fell on Sunday, 9 August, resulting in the holiday being observed on Monday. Regular trading is scheduled to resume on Tuesday, 11 August.
STI enters holiday near recent highs
The Straits Times Index ended Friday at 5,698.43 points, gaining approximately 59 points, or 1.05 per cent, from the previous close of 5,638.99. The index had opened Friday’s session at 5,654.12 before advancing during the trading day.
Singapore shares have performed strongly during 2026, supported by the city-state’s major banks, telecommunications companies, property trusts and defensive dividend-paying businesses. Global capital flows towards Asian assets and continued efforts to improve liquidity in Singapore’s equity market have also strengthened sentiment.
The closure means there was no official opening level, turnover or movement in the STI on Monday. Investors will instead have to wait until Tuesday for Singapore-listed shares to respond to developments across global markets.
Regional gains create a positive lead
Asian markets generally advanced while Singapore was closed. South Korea’s KOSPI opened 0.76 per cent higher, while Japan’s Nikkei gained approximately 2 per cent. Hong Kong initially opened lower but subsequently recovered and moved into positive territory.
The regional improvement followed gains on Wall Street after softer US employment data reduced expectations of an imminent Federal Reserve interest-rate increase. The probability of a September rate rise was estimated at approximately 45 per cent, down from 67 per cent a week earlier.
Singapore’s market may therefore receive a positive external lead when trading resumes, although investors will also have to account for any changes during Monday’s European and US sessions.
SGX earnings support market confidence
The exchange operator itself entered the holiday period following a strong financial report. Singapore Exchange recorded full-year adjusted net profit of S$759.5 million, compared with S$609.5 million a year earlier.
Net revenue increased 13.9 per cent to a record S$1.48 billion, supported by growth in cash equities, foreign exchange and commodity trading. SGX hosted 21 equity listings during the financial year, compared with six previously, raising a combined S$4.1 billion.
The company also proposed a one-off additional dividend of 12.5 Singapore cents per share alongside its regular final quarterly dividend. The results strengthened expectations that measures designed to attract listings and improve market activity are beginning to produce results.
Oil prices present a counterweight
Higher energy prices remain a potential concern. Brent crude rose above $84 per barrel on Monday as shipping through the Strait of Hormuz remained restricted. Singapore is an important regional transport, refining and trading centre, making developments in global energy and shipping markets particularly relevant.
Tuesday could bring catch-up trading
When the Singapore Exchange reopens, investors will need to process several sessions of international market movement at once. Attention is likely to focus on the major banks, SGX, transport companies and energy-related shares.
The STI will also be influenced by expectations ahead of Wednesday’s US inflation report. Monday’s closure has paused domestic trading, but it has not removed the economic and geopolitical forces that will shape Singapore’s next market opening.
Newshub Editorial in Asia – 10 August 2026
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