SGX Mainboard Daily Review: STI Up 0.8% Shipping Sector Leads
Market News
2026-05-29 10:03
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Singapore Exchange mainboard closed today with Straits Times Index up 0.8% at 3,450 points. The shipping sector performed strongly with multiple shipping concept stocks hitting recent highs.
Today's market was mainly influenced by:
- Global shipping demand continues to recover
- Singapore port throughput hits new high
- Shipping freight index continues to rise
Investors should monitor subsequent market trends and invest cautiously.
Disclaimer: This article is for reference only and does not constitute investment advice. Investment involves risks, please invest cautiously.
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