Singapore shares buck regional rally, STI dips 0.1%

Businesstimes
2025.06.30 10:10
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Singapore shares closed slightly lower, with the Straits Times Index (STI) dipping 0.1% to 3,964.29 points, diverging from a regional rally following a record-breaking session on Wall Street. Despite the decline, gainers slightly outnumbered decliners at 255 to 245. Wilmar International faced pressure after disclosing a significant payment over corruption charges, hitting a 52-week low. In contrast, construction stocks OKP and Keong Hong reached 52-week highs amid positive market sentiment driven by high-value orders. The broader Asian markets, including Japan's Nikkei 225, saw gains following optimism over trade negotiations with the U.S.