Singapore shares fall on Thursday; STI down 0.7%
Venture Corp leads the gainers on the blue-chip index
Source: The Business Times Singapore · August 27, 2026 at 10:31 AM · AI-assisted report
Single-sourceSINGAPORE, 27 AUGUST 2026 —
Singapore Shares Slip 0.7% as STI Ends Lower; Regional Markets Mixed
SINGAPORE, Aug 27 — Singapore’s benchmark Straits Times Index (STI) declined 0.7% or 37.47 points to close at 5,684.12 on Thursday, as investors awaited key signals from the U.S. Federal Reserve ahead of a high-profile speech by Chair Kevin Warsh.
Venture Corp led the gainers on the blue-chip index, rising 1.7% or S$0.28 to S$17.08. The top loser was Genting Singapore, which dropped 2.3% or S$0.015 to S$0.63 after going ex-dividend. Local banks also retreated, with DBS down 0.8% to S$75.65, OCBC falling 1.7% to S$30.90, and UOB declining 0.8% to S$40.64.
In the broader market, decliners outnumbered advancers 246 to 229, with 1.1 billion securities worth S$1.6 billion traded. Regional markets showed mixed performance, with Hong Kong’s Hang Seng Index down 0.3%, Japan’s Nikkei 225 falling 0.2%, and Malaysia’s FTSE Bursa Malaysia KLCI slipping 0.4%. South Korea’s Kospi bucked the trend, rising 1.5%.
Analysts highlighted the significance of Warsh’s speech at the Jackson Hole symposium on Friday, which could influence global market sentiment. Ipek Ozkardeskaya, senior analyst at Swissquote, noted that Warsh’s remarks would be closely watched for signals on the Fed’s commitment to bringing inflation back to 2% while minimizing impact on employment. She added that if the Fed maintains credibility, the U.S.
dollar could strengthen further, while a loss of confidence may boost precious metals and hard commodities.
Within the iEdge Singapore Next 50 Index, PC Partner surged 4% or S$0.11 to S$2.89, while UltraGreen.ai tumbled 4.1% or US$0.03 to US$0.705.
The broader Asia-Pacific region remains sensitive to U.S. monetary policy shifts, with investors parsing every detail from Jackson Hole for clues on future rate trajectories. The STI’s decline reflects cautious regional sentiment, compounded by profit-taking in banking and gaming sectors.
Details not yet available on how regional central banks may respond to potential Fed signals. Market participants will continue to monitor Warsh’s remarks for direction, with broader implications expected for equities, currencies, and commodities across Asia.
Related: Kevin Warsh · Singapore
Malaysia Impact
3/10Malaysia's FTSE Bursa Malaysia KLCI slipped 0.4%.
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