Country Daily
Singapore Daily August 06, 2026
Table 1
Top Stories
Strategy | Monthly Market Radar
Singapore equities extended their rally in July, with the STI rising 8.9% mom to a new record high, led by banks, plantation, property and marine stocks. AI-driven electronics exports supported NODX growth, while MAS tightened policy amid renewed inflation pressures. Key highlights for July included renewed US-Iran tensions lifting oil prices, a hawkish Fed hold, and MAS’ tightened policy.
Market Spotlight
US stocks were mixed on Wednesday, as the Dow Jones rose while S&P 500 and Nasdaq both fell. The materials, healthcare and financials sectors rose. There were more decliners than advancers on both the NYSE and NASDAQ.
The FSSTI fell 30.88 points to 5,581.37, supported by weakness in Singtel, Seatrium and DBS, with both mid- and small cap indices rising with a broad market decline on S$2.08b turnover.
Technical Analysis
Civmec | CVL SP
Trading Buy Range: S$1.54-1.55
DFI Retail Group | DFI SP
Trading Buy Range: S$3.76-3.77
Country Daily
Singapore Daily August 06, 2026
Top Stories
Strategy | Monthly Market Radar
Singapore equities extended their rally in July, with the STI rising 8.9% mom to a new record high, led by banks, plantation, property and marine stocks. AI-driven electronics exports supported NODX growth, while MAS tightened policy amid renewed inflation pressures. Key highlights for July included renewed US-Iran tensions lifting oil prices, a hawkish Fed hold, and MAS’ tightened policy.
Market Spotlight
US stocks were mixed on Wednesday, as the Dow Jones rose while S&P 500 and Nasdaq both fell. The materials, healthcare and financials sectors rose. There were more decliners than advancers on both the NYSE and NASDAQ.
The FSSTI fell 30.88 points to 5,581.37, supported by weakness in Singtel, Seatrium and DBS, with both mid- and small cap indices rising with a broad market decline on S$2.08b turnover.
Technical Analysis
Civmec | CVL SP
Trading Buy Range: S$1.54-1.55
DFI Retail Group | DFI SP
Trading Buy Range: S$3.76-3.77
Table 1
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