• About
  • Advertise
  • Contact
Thursday, August 14, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Technology

STI falls on Friday, in tandem with most regional indices; STI down 0.3%

by Sarkiya Ranen
in Technology
STI falls on Friday, in tandem with most regional indices; STI down 0.3%
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Across the broader market, advancers outnumber decliners 335 to 245 after 2.2 billion shares worth S$1.8 billion change hands

[SINGAPORE] The Straits Times Index (STI) closed lower on Friday (Jul 25), mirroring most regional indices.

The STI fell 0.3 per cent or 11.99 points to 4,261.06.

Across the broader market, advancers outnumbered decliners 335 to 245 after 2.2 billion shares worth S$1.8 billion changed hands.

The trio of local banks closed lower on Friday, with DBS down 0.3 per cent or S$0.15 at S$49.06. UOB dropped 0.6 per cent or S$0.21 to S$37.15 and OCBC ended 0.5 per cent or S$0.09 lower at S$17.18.

City Developments was the top gainer on the STI, closing up 2.9 per cent or S$0.18 at S$6.38.

The biggest loser was Sembcorp Industries closing down 1.5 per cent or S$0.12 at S$7.72.

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Across the region, major indices were mostly down, with only the Kospi up 0.2 per cent and the Nikkei 225 down 0.9 cent. Hong Kong’s Hang Seng Index closed down 1.1 per cent and the KLCI down 0.4 per cent.

The markets are turning cautious as the US and China enter trade talks next week in Stockholm, Sweden, said Stephen Innes, managing partner at SPI Asset Management Officials will try to stitch a deal together before the Aug 12 expiry, and there are some tricky issues to navigate namely Chinese industrial overcapacity and relief on export controls and access to more AI components.

The 15 per cent tariff pact between Japan and the US is aiding the White House narrative that tariffs are levers and not a lid, he added.

“The fact that Beijing just suspended its antitrust probe into DuPont’s China unit may be more than a token – it may be a breadcrumb along the path to détente,” said Innes.

Copyright SPH Media. All rights reserved.



Source link

Tags: FallsFridayindicesRegionalSTItandem
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
STMicro to acquire part of NXP Semiconductors’ sensor business for US0 million

STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Babulal Marandi, Hemant Soren’s Ex Aide In BJP’s 1st List Of 66 Candidates For Jharkhand Polls

Babulal Marandi, Hemant Soren’s Ex Aide In BJP’s 1st List Of 66 Candidates For Jharkhand Polls

10 months ago
Best Cologne For Men In 2024: Signature Scents To Redefine Personal Style

Best Cologne For Men In 2024: Signature Scents To Redefine Personal Style

2 years ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In