
Singapore stocks edge up 0.2% on Friday to end week higher

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Singapore stocks rose 0.3% on Friday, with the Straits Times Index closing at 4,989.41, marking a weekly gain of 0.7%. Local banks performed well, with DBS up 0.3%, OCBC up 1.3%, and UOB up 0.2%. Singapore Exchange led blue-chip gains, rising 3.8%, while DFI Retail Group fell 4.9%. The iEdge Singapore Next 50 Index increased by 2.5%. Overall, gainers outnumbered losers 380 to 201, with 4.4 billion securities traded. Regional markets also saw gains, reflecting a cautious optimism in Asian equities amid ongoing geopolitical tensions.
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