STI inches up 0.1% even as Iran conflict keeps investors on edge

Businesstimes News
2026.04.20 10:20
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Singapore's Straits Times Index (STI) rose 0.1% to 5,004.07 on April 20, despite investor concerns over escalating US-Iran tensions. UOL led gains, up 5.1%, while Seatrium was the worst performer, down 2.9%. The broader market saw 300 losers against 297 gainers, with 1.8 billion securities traded. Regional indices also performed positively, with Hong Kong's Hang Seng up 0.8%, Japan's Nikkei 225 up 0.6%, and South Korea's Kospi up 0.4%. Oil prices increased amid fears of conflict escalation.