FINWIRES · TerminalLIVE
FINWIRES

Straits Times Index

^STI
IndexIndex

383 stories mentioning Straits Times IndexUpdated 5h ago

Singapore's benchmark surged Monday, tracking regional gains after a US-Iran deal to reopen the Strait of Hormuz lifted investor sentiment.

Asia

Trump Declares Immediate U.S. Navy Blockade of Hormuz After Iran Talks Fail

U.S. President Donald Trump warned on social media that the U.S. Navy would immediately begin blockading all ships attempting to enter or leave the Strait of Hormuz after a failed talk with Tehran.Trump said in a Truth Social post on Sunday that while the goal is eventually to reach an "all being allowed to go in, all being allowed to go out" arrangement, Iran has prevented this by citing vague concerns about undisclosed mines."Iran has not allowed that to happen by merely saying, 'There may be a mine out there somewhere,' that nobody knows about but them," Trump wrote.Trump further directed the Navy to intercept any vessel in international waters that has paid a toll to Iran while also ordering the destruction of mines allegedly laid by Iran in the strait and warning that any Iranian attack on U.S. or peaceful vessels would result in them being "BLOWN TO HELL."Meanwhile, Reuters News, citing the U.S. Central Command, reported that the blockade of all maritime traffic to and from Iranian ports is set to begin at 10 a.m. ET on Monday.The command clarified that freedom of navigation would remain unaffected for ships transiting the strait to non-Iranian ports, with formal notices to be issued to commercial mariners beforehand, the newswire said.

^BSE^HNX^HOSE^Hang Seng^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINikkei 225^NSE^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia Markets

Singapore Shares Close Shy of 5,000 Milestone as Islamabad Peace Talks Boost Sentiment

Singapore shares recorded gains on Friday to end the week in green, as the Asian market reacted positively to a tentative geopolitical de-escalation in the Middle East ahead of the highly anticipated talks between the US and Iran in Islamabad.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,973.10 and 4,999.30 throughout the day. It ended the session at 4,989.41, up 12.33 points or nearly 0.3% compared to Thursday's close.On the corporate front, shares of BH Global (SGX:BQN) were down nearly 7% at the close as it proposed to renew its share buyback mandate.Metis Energy (SGX:L02) closed over 2% higher as it reported three consecutive years of pre-tax losses for its three most recent financial years.Meanwhile, shares of City Developments (SGX:C09) were nearly flat as it established a SG$2 billion multicurrency perpetual bonds issuance program.

^STISGX:BQNSGX:C09SGX:L02
Asia Markets

Singapore Shares Retreat, Track Regional Losses as Markets Asses Fragile US-Iran Ceasefire

Singapore shares closed lower on Thursday, tracking broader regional losses, with markets assessing the longevity of the US-Iran two-week ceasefire.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,974.34 and 5,009.89 throughout the day. It ended the session at 4,977.08, down 18.97 points or 0.4% compared to Wednesday's close.Meanwhile, US President Donald Trump reiterated his resolve to keep its military assets around Iran until a "real agreement" is made ahead of the crunch talks in Islamabad, Pakistan.In company news, shares of InnoTek (SGX:M14) were up nearly 5% at the close, with the company targeting to raise approximately SG$16 million through the placement of up to 24.6 million shares at SG$0.6506 per share.CDW (SGX:BXE) was down over 4% as the precision components provider reported three consecutive years of pre-tax losses for its three most recent financial years.Meanwhile, shares of Parkson Retail Asia (SGX:O9E, HKG:3368) closed nearly 2% higher as it proposed to renew its share purchase mandate at its 2025 annual general meeting.

^STISGX:BXESGX:M14SGX:O9E

Showing 381-383 of 383

Track with the FINWIRES app suite

FolioX
FolioX
Track Straits Times Index in your portfolio
WheelAI
WheelAI
Analyze Straits Times Index options with the wheel strategy
StockInsider
StockInsider
See market sentiment on Straits Times Index