S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Singapore’s stocks fell 36 points, or 0.6%, to 5,718 in Wednesday morning trade, erasing gains from the previous three sessions, as traders took profits after the index hit a record high a day earlier. The STI closed at 5,754 on Tuesday, buoyed by strong economic data following an upward revision to Q2 GDP growth to 5.9%. The broader index tracked a decline on Wall Street overnight, as rising oil prices raised concerns over inflation and expectations of an interest rate hike. Traders were cautious ahead of the release of US inflation data later today for clues about the Fed’s monetary policy decisions at its upcoming meeting. However, fresh data capped the fall, as Singapore’s current account surplus widened in Q2 from the same period in 2025. Communication, technology services, and finance mainly weighed on the index, with the biggest laggards being Jardine Matheson Holdings (-2.2%), Jardine Cycle & Carriage (-1.0%), OCBC (-0.9%), and Hongkong Land Holdings (-0.8%).
