Singapore blue-chips rise 2.2% after Trump says Iran war will end ‘very soon’

Businesstimes News
2026.03.10 09:59
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Blue-chip stocks in Singapore rose 2.2% on March 10, following President Trump's statement that the Iran war would end soon. The Straits Times Index increased by 104.03 points to 4,860.64, while the iEdge Singapore Next 50 Index fell by 2.7%. Yangzijiang Shipbuilding was the only STI stock to decline, while Jardine Matheson saw the largest gain. Overall, market activity showed 457 gainers against 157 decliners, with significant trading volume. Trump's remarks also led to a decrease in oil prices, which had previously surged due to inflation concerns.