Emerging
Jun 19, 2026 Major2
77%
Singapore stocks retreat after early gains; STI closes 0.39% lower
The Straits Times Index opened higher on Friday (June 19) but fell as profit-taking set in, closing 0.39% lower at 5,192.70 points amid heavy trading and broad declines across regional markets.
Quick Facts
Who
Straits Times Index
What
STI opened higher then fell
When
Friday June 19 2026
Where
Singapore
- STI opened higher then fell
- profit-taking after strong rally
- heavy trading volume
- Straits Times Index
- DFI Retail Group
Singapore shares gave up early gains on Friday (June 19) as profit-taking set in following a strong rally, with the Straits Times Index (STI) closing 0.39% lower at 5,192.70 points.
The STI opened 0.21% higher at 5,223.53 points in the morning, but quickly reversed direction, dipping to 5,188.53 points by 9:10 am. By the end of the trading session, the index had lost 20.14 points, reflecting a broader trend of profit-taking across the region.
Trading volumes were heavy, with 1.39 billion shares worth S$2.86 billion changing hands. Decliners outnumbered advancers, with 241 stocks falling compared to 173 that rose. Among STI component stocks, 14 gained, five were unchanged, and 11 declined.
Daily Farmers Retail Group and Thai Beverage were the top performers, rising 4.25% and 3.49% respectively, closing at US$3.68 and S$0.445. In contrast, ST Engineering and Venture Corporation were the biggest losers, dropping 2.87% and 2.61% to S$10.83 and S$17.17 respectively.
Regional markets also experienced declines, with Sydney falling 0.92% and Seoul dropping 0.13%. Tokyo managed to recover from intraday losses to close 0.28% higher. Markets in Shanghai, Shenzhen, Hong Kong, and Taiwan were closed for the Dragon Boat Festival holiday.
Why This Matters
The retreat signals that recent gains may be overextended, prompting investors to lock in profits. Heavy trading volume and broad declines across regional markets suggest a cautious near-term outlook, which could affect portfolio rebalancing decisions for those with Singapore exposure.
Timeline & Sources
Jun 19, 2026
WireSTI opens at 5223.53 points, up 0.21%
Jun 19, 2026
WireSTI falls to 5188.53 points, down 0.47%
Jun 19, 2026
WireSTI closes at 5192.70 points, down 0.39%