2 September 2025, 09:44  Singapore: Shares Hits New Peak on Stability Appeal.

The Straits Times Index rose 22 points or 0.5% to a fresh high of 4,292 in Tuesday morning trade, extending its winning streak to five sessions. Support came from Singapore’s resilient economy, relative currency strength, and its rising appeal as a safe haven amid global uncertainty. Inflation in the city-state stayed mild, easing to a 4-1/2-year low of 0.6% in July, while the Monetary Authority of Singapore noted cost pressures should remain mild, projecting both core and headline inflation at 0.5–1.5% in the near term. Optimism was also lifted by expectations that the U.S. Fed may cut borrowing costs later this month. However, further gains were capped by caution over the impact of U.S. tariff policy after an appeals court ruled many of President Trump’s sweeping import levies illegal. Sector-wise, consumer services, healthcare, and utilities led advances. Early top gainers included Singapore Tech. Engineering (1.2%), UOB Ltd. (0.8%), Genting Singapore (0.7%), and Singtel (0.5%).

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