Singapore Stocks Hit New High
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Singapore's equities rose 14 points, or 0.4%, reaching a record high of 4,147, marking a ninth consecutive gain. The Straits Times Index was buoyed by positive Wall Street performance and strong export data, with non-oil domestic exports up 13% year-on-year in June 2025. Traders are anticipating June inflation data, following a dip in May inflation, which may lead to further monetary policy easing. Key sectors driving the index included industrial services and communication, with notable performers like DFI Retail Group Holdings and Singapore Telecommunications.
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