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STI rises 0.7% ahead of US Fed's meeting this week

August 20, 2025

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The Straits Times

• Gainers beat losers 269-217 in wider market on trade of $1.7b • Jardine Matheson tops index; local banks all end higher • Region mostly down, with Malaysia bucking the trend

- Young Zhan Heng

Singapore stocks rose on Aug 19 as the market awaits the outcome of the US Federal Reserve's three-day Economic Policy Symposium, which is being held in Jackson Hole in Wyoming from Aug 21.

The benchmark Straits Times Index (STI) closed 0.7 per cent or 28.81 points higher at 4,216.19 points.

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