Singapore stocks reclaim record high on haven demand in Iran war

Singapore stocks reclaim record high on haven demand in Iran war

The Star Online - Business·2026-05-19 19:00

Singapore stocks climbed to a record, advancing alongside global momentum as investors sought havens in the face of volatility fueled by the Iran war.

The Straits Times Index rose as much as 1% on Tuesday to 5,046.75, surpassing its previous intraday record on Feb. 23. The city-state’s benchmark has risen about 8.6% this year. 

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