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Singapore stocks rise on news of US-Iran ceasefire agreement

The Straits Times

|

April 09, 2026

STI up 0.8%; gainers trounce losers in broader market

- Young Zhan Heng

Singapore stocks ended higher on April 8 after the announcement of a two-week ceasefire agreement between the US and Iran.

The benchmark Straits Times Index (STI) gained 0.8 per cent, or 38.04 points, to end trading at 4,996.05.

SATS led the gainers on Singapore’s blue-chip index, rising 4.5 per cent, or 16 cents, to $3.72.

The worst performer among STI constituents was DFI Retail Group, which fell 3.5 per cent, or 16 US cents, to US$4.38.

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