{
  "id": 2367428,
  "title": "Singapore stocks rise on Friday; STI up 0.3%",
  "url": "https://urgent.news/2026/08/21/singapore-stocks-rise-on-friday-sti-up-0-3-2367428",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T10:57:07.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/singapore-stocks-rise-friday-sti-0-3"
  },
  "original_language": "en",
  "account": "Singapore stocks closed higher on Friday, August 21, with the Straits Times Index (STI) surging 0.3% or 17.05 points to reach 5,688.96. City Developments led the gains in the blue-chip index, advancing 1.7% to S$8.25. The ST Engineering underperformed, slipping 1.6% to S$10.68. Among the local banks, DBS gained 0.2% to S$76, OCBC rose 0.7% to S$30.98, and UOB increased 0.8% to S$40.53. In the iEdge Singapore Next 50 Index, First Resources led with a 3.3% gain, while UltraGreen.ai suffered a 14.8% decline. The broader market saw more winners than losers, with 322 stocks up compared to 242 down, after 1.1 billion securities valued at S$2 billion changed hands. International Cement Group was the most actively traded stock, while DBS saw the highest value traded at 3.4 million shares worth S$255.8 million. Other regional indices were mixed, with Hong Kong's Hang Seng Index up 1.2%, South Korea's Kospi rising 0.9%, Japan's Nikkei 225 falling 0.3%, and the FTSE Bursa Malaysia KLCI down 0.01%. Stephen Innes, managing partner at SPI Asset Management, highlighted the impact of the US Treasury's plan to increase the size of buybacks of longer-dated debt, suggesting a softer US dollar could ease financial conditions in the region and encourage capital flow into equities.",
  "summary": "City Developments leads the gainers on the blue-chip index",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Singapore",
        "title": "Singapore stocks rise on Friday; STI up 0.3%",
        "url": "https://urgent.news/2026/08/21/singapore-stocks-rise-on-friday-sti-up-0-3",
        "published": "2026-08-21T10:57:07.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "4 stocks to watch on Friday: JBLU, MDB, SKHY, and AVGO",
        "url": "https://urgent.news/2026/08/21/4-stocks-to-watch-on-friday-jblu-mdb-skhy-and-avgo",
        "published": "2026-08-21T12:48:41.000Z"
      }
    ]
  },
  "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."
}