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Singapore stocks rise after Trump-Xi talks; STI up 0.4%

The Straits Times

|

June 07, 2025

• Sembcorp leads gains on STI, while SIA is at bottom of list • Trio of local banks end mixed; OCBC, DBS up, but UOB slips • Nikkei rises; Malaysia's KLCI and Hang Seng Index falter

- Mia Pei

The local bourse ended in positive territory on June 6 after a call between US President Donald Trump and Chinese President Xi Jinping boosted investors' confidence.

The benchmark Straits Times Index (STI) rose 0.4 per cent or 16.6 points to end at 3,934.29.

Across the broader market, gainers beat losers 266 to 205 as 849.5 million securities worth $1.1 billion changed hands.

Mr Xi and Mr Trump agreed to further dialogue on trade after their call on June 5.

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