{
  "id": 18290386,
  "title": "Singapore shares rise on strong win by Democrats; STI up 0.5%",
  "url": "https://urgent.news/2026/11/05/singapore-shares-rise-on-strong-win-by-democrats-sti-up-0-5-18290386",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T10:32:42.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-strong-win-democrats-sti-0-5"
  },
  "original_language": "en",
  "account": "Singapore stocks closed higher on Thursday (Nov 5) following Democrats' victory in securing control of both chambers of Congress. The Straits Times Index (STI) climbed 0.5 percent, or 27.62 points, to conclude at 5,296.25. UOL led the index's gainers, surging 3.6 percent to reach S$8.10. Among the STI's constituents, Yangzijiang Shipbuilding experienced the steepest decline, falling 3.1 percent to S$4.65. Local banks' performance was mixed, with DBS up 0.6 percent, OCBC up 0.3 percent, and UOB down 1.6 percent. UOB saw its target price revised lower by analysts due to anticipated declines in earnings in 2027, resulting from shrinking lending margins and increasing operating costs. Within the iEdge Singapore Next 50 Index, Sasseur Real Estate Investment Trust led gains with a 4.1 percent increase, while AEM saw the largest drop, falling 20 percent. Throughout the broader market, the number of gainers exceeded losers by a ratio of 370 to 274, following a trading volume of 1.5 billion securities worth S$2.8 billion. International indices were also mixed, with Hong Kong's Hang Seng Index soaring 3.7 percent, the FTSE Bursa Malaysia KLCI rising 1.2 percent, while Japan's Nikkei 225 slipped 1.8 percent, and South Korea's Kospi decreased 5.3 percent.",
  "summary": "Across the broader market, gainers beat losers 370 to 274, as 1.5 billion securities worth S$2.8 billion change hands",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}