Singapore stocks fall as Fed holds firm; STI down 0.7%

LB Select
2026.03.19 10:38

Singapore’s STI dropped 0.7% to 4,967.61 on Thursday as the Fed’s hawkish hold and surging energy prices dampened investor sentiment, triggering a broader regional sell-off across Asia. While Sembcorp Industries led local gainers, the market saw losers outpace winners amid mixed performances from major banks and a 5.1% tumble for DFI Retail Group.

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