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S'pore shares fall as traders cut exposure amid Mid-East tension

The Straits Times

|

June 14, 2025

• STI down 0.3%; in broader market, losers lead 359 to 160 • Jardine Matheson tops index; Seatrium biggest decliner • China, S. Korea and Japan among regional markets hit

- Wong Chia Peck

Local shares dipped on June 13 after escalating conflict in the Middle East prompted investors to reduce their risk exposure ahead of the weekend.

There was hardly a rush to the exits, but the sell-off left the Straits Times Index (STI) down 0.3 per cent or 10.78 points at 3,911.42. In the broader market, losers outstripped gainers 359 to 160 on trade of one billion securities worth $1.3 billion.

Jardine Matheson was the top blue-chip gainer, rising 1.8 per cent to US$45.44, while Seatrium was the biggest decliner, down 2.8 per cent to $2.06.

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