The STI Index shed 14 points, or 0.6% to close at 2,523 on Monday, as uncertainty over a new fiscal stimulus in the US and rising coronavirus cases across the globe overshadowed upbeat domestic data. Latest figures showed Singapore’s industrial output jumped 24.2% over a year earlier in September, the biggest gain since December 2011 and beating market expectations of a 2.5% gain. Among individual stocks, CapitaMall Trust, Mapletree Commercial Trust and CityDev led losses.
Historically, the Singapore Stock Market (STI) reached an all time high of 3906.16 in October of 2007. Singapore Stock Market (STI) - data, forecasts, historical chart - was last updated on October of 2020.
The Singapore Stock Market (STI) is expected to trade at 2488.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2371.68 in 12 months time.