The renewed conflict between the United States and Iran has dragged down global stock market performance. Despite support from bank stocks, the FTSE Straits Times Index closed on Monday (July 13) with a slight increase of 1.05 points or 0.02%, at 5470.34 points.

The Seoul stock market plummeted 8.95% on Monday, dragging Asian markets down to a nearly one-month low. Among them, SK Hynix fell 15.37%, and Samsung Electronics dropped 10.70%.

The Shanghai and Shenzhen stock markets closed down 2.06% and 4.01%, respectively, while Tokyo fell 1.92%. The Hong Kong stock market rose 0.16%, and Taiwan saw a slight increase of 0.06%.

On Monday, the local stock market had a total trading volume of 1.13 billion shares, with a total transaction value of 1.63 billion SGD. There were 244 advancing stocks and 302 declining stocks.

Further Reading

SGX's average daily securities trading volume rises 35% to SGD 1.8 billion in FY2026, reaching the highest level in nearly 18 years DBS's market value briefly surpasses SGD 200 billion on Friday, setting a record in the local stock market

In terms of the components of the index, 11 stocks rose, three remained flat, and 16 declined.

The biggest gainers in the index were Keppel Ltd and Keppel DC Reit, which rose by 0.96% and 0.89%, closing at SGD 11.59 and SGD 2.26, respectively The biggest declines were seen in Huaye Group (UOL) and Seatrium, which fell by 4.38% and 2.50%, closing at SGD 9.39 and SGD 1.95, respectively