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S'pore stocks rally as investors price in September Fed rate cut

The Straits Times

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September 06, 2025

• STI up 0.2%; DFI leads gains; Jardine Matheson at bottom • Advancers beat decliners 349 to 184 in broader market • Regional markets rally amid US Fed rate cut expectations

- Mia Pei

The local bourse logged gains for a second straight day on Sept 5, closing higher alongside regional markets amid expectations that weak US job market data will cement a September interest rate cut by the Federal Reserve.

The Straits Times Index (STI) rose 0.2 per cent, or 10.25 points, to 4,307.08.

DFI Retail Group led gains on the benchmark index, rising 3.1 per cent, or 10 US cents, to close at US$3.32.

Jardine Matheson landed at the bottom of the table, falling 0.9 per cent, or 56 US cents, to US$59.99.

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