--- title: "Singapore Stocks Hit New High" description: "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 expor" type: "news" locale: "en" url: "https://longbridge.com/en/news/248891819.md" published_at: "2025-07-17T03:52:13.000Z" --- # Singapore Stocks Hit New High > 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. Equities in Singapore rose 14 points, or 0.4%, to a fresh record high of 4,147 around noon on Thursday, extending gains for a ninth straight session. The Straits Times Index (STI) tracked an upbeat session on Wall Street overnight, after President Donald Trump denied plans to fire Fed Chair Jerome Powell. Strong export data also lifted sentiment, as Singapore’s non-oil domestic exports surged 13% year-on-year in June 2025, rebounding sharply from May and far exceeding expectations, marking the strongest growth in 11 months. Traders now await June inflation data due next week, after May inflation eased to its lowest level since February 2021, fueling hopes for a third round of monetary policy easing this year. Industrial services, communication, and non-energy minerals sectors were the main drivers of the index. Among the top performers were DFI Retail Group Holdings (4.3%), Singapore Telecommunications (2.5%), Setrium (1.4%), and Hongkong Land Holdings (1.0%). ### Related Stocks - [D01.SG - DFIRG USD](https://longbridge.com/en/quote/D01.SG.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | REG - DFI Retail Group - Director/PDMR Shareholding | DFI Retail Group Holdings Limited announced that Wai Man Chan, the Group Chief Legal, Sustainability and Corporate Affai | [Link](https://longbridge.com/en/news/271318959.md) | | DFI expects 11–15% profit CAGR through 2028 | DFI Retail Group Holdings Limited forecasts an 11–15% profit CAGR through 2028, aiming for $310–350m. The dividend payou | [Link](https://longbridge.com/en/news/268527202.md) | | Aithor Launches AI Detector to Help Educators and Students Identify AI-Generated Writing | Aithor, an Estonia-based AI technology company, has launched an AI Detector, a web-based tool that helps users identify | [Link](https://longbridge.com/en/news/276503971.md) | | Usha Resources Options Ontario Rubidium Ridge Project to Panther Minerals | Usha Resources has signed an agreement with Panther Minerals for the acquisition of a 100% interest in its Rubidium Ridg | [Link](https://longbridge.com/en/news/276500712.md) | | Ventia Services Group Limited (VNT) was upgraded to a Buy Rating at RBC Capital | Ventia Services Group Limited (VNT) was upgraded to a Buy rating by RBC Capital with a price target of A$6.25, as announ | [Link](https://longbridge.com/en/news/276499967.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.