Singapore Stocks Skid as Oil Tops $100 -- Market Talk

Dow Jones

Mar 09

0533 GMT - Singapore's benchmark FTSE Straits Times Index tumbles amid a wider equity selloff as oil prices top $100 a barrel on the escalating Middle East conflict. The index slides 2.3% to 4734.84. Property company Hongkong Land and air cargo handler SATS lead declines, falling 5.5% and 4.9%, respectively. The stock index is likely to test recent lows thanks to heightened near-term risks, DBS Group Research says in a note. Its analysts are watching the duration of elevated oil prices rather than the sharp price jump itself, noting that shares of offshore and marine company Seatrium and defense group ST Engineering--both STI constituents--could benefit in the longer term as the conflict rages on. Seatrium falls 2.6%, and ST Engineering is 2.1% lower. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

March 09, 2026 01:33 ET (05:33 GMT)

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The index slides 2.3% to 4734.84. Property company <a href=\"https://laohu8.com/S/HKHGF\">Hongkong Land</a> and air cargo handler SATS lead declines, falling 5.5% and 4.9%, respectively. The stock index is likely to test recent lows thanks to heightened near-term risks, DBS Group Research says in a note. Its analysts are watching the duration of elevated oil prices rather than the sharp price jump itself, noting that shares of offshore and marine company <a href=\"https://laohu8.com/S/5E2.SI\">Seatrium</a> and defense group ST Engineering--both STI constituents--could benefit in the longer term as the conflict rages on. Seatrium falls 2.6%, and ST Engineering is 2.1% lower. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 09, 2026 01:33 ET (05:33 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Skid as Oil Tops $100 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks Skid as Oil Tops $100 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-09 13:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0533 GMT - Singapore's benchmark FTSE Straits Times Index tumbles amid a wider equity selloff as oil prices top $100 a barrel on the escalating Middle East conflict. The index slides 2.3% to 4734.84. Property company <a href=\"https://laohu8.com/S/HKHGF\">Hongkong Land</a> and air cargo handler SATS lead declines, falling 5.5% and 4.9%, respectively. The stock index is likely to test recent lows thanks to heightened near-term risks, DBS Group Research says in a note. Its analysts are watching the duration of elevated oil prices rather than the sharp price jump itself, noting that shares of offshore and marine company <a href=\"https://laohu8.com/S/5E2.SI\">Seatrium</a> and defense group ST Engineering--both STI constituents--could benefit in the longer term as the conflict rages on. Seatrium falls 2.6%, and ST Engineering is 2.1% lower. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 09, 2026 01:33 ET (05:33 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999000343.SGD","symbol_name":"Schroder Singapore Trust A Dis SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2618614416","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618614416","pubTimestamp":1773034380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0533 GMT - Singapore's benchmark FTSE Straits Times Index tumbles amid a wider equity selloff as oil prices top $100 a barrel on the escalating Middle East conflict. The index slides 2.3% to 4734.84. Property company Hongkong Land and air cargo handler SATS lead declines, falling 5.5% and 4.9%, respectively. The stock index is likely to test recent lows thanks to heightened near-term risks, DBS Group Research says in a note. Its analysts are watching the duration of elevated oil prices rather than the sharp price jump itself, noting that shares of offshore and marine company Seatrium and defense group ST Engineering--both STI constituents--could benefit in the longer term as the conflict rages on. Seatrium falls 2.6%, and ST Engineering is 2.1% lower. 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The index slides 2.3% to 4734.84. Property company Hongkong Land and air cargo handler SATS lead declines, falling 5.5% and 4.9%, respectively. The stock index is likely to test recent lows thanks to heightened near-term risks, DBS Group Research says in a note. Its analysts are watching the duration of elevated oil prices rather than the sharp price jump itself, noting that shares of offshore and marine company Seatrium and defense group ST Engineering--both STI constituents--could benefit in the longer term as the conflict rages on. Seatrium falls 2.6%, and ST Engineering is 2.1% lower. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 09, 2026 01:33 ET (05:33 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}