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Singapore stocks slide as M-E conflict rattles Asian markets
The Straits Times
|March 05, 2026
Stocks in Singapore fell on March 4 as the ongoing conflict in the Middle East rattled global markets and sent oil prices sharply higher.
The benchmark Straits Times Index (STI) fell 2.1 per cent or 103.9 points to close at 4,812.75.
This was in line with a sharp selloff across key Asian markets. South Korea’s Kospi sank 12.06 per cent - the biggest drop in its 46-year history — while Japan’s Nikkei 225 slid 3.6 per cent, Hong Kong’s Hang Seng Index fell 2 per cent, and the FTSE Bursa Malaysia KLCI lost 0.8 per cent.
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