Singapore's stock market reached a new record high on July 3, 2025, with the Straits Times Index (STI) closing at 4019.57, up 8.8 points (0.21%) from the previous day.
This rise was fueled by optimism surrounding the US-Vietnam tax agreement and expectations of further trade deals with other countries and regions.
Specifically, stocks in the real estate and banking sectors saw increased buying, contributing to the overall market uptrend.
Additionally, the Monetary Authority of Singapore is reviewing regulations for cryptocurrencies, potentially implementing additional measures to protect consumers.
Furthermore, Malaysia and Singapore have finalized an agreement to establish a cross-border economic zone, aiming to strengthen economic ties between Johor and Singapore.
These developments are expected to stimulate Singapore's economy and enhance regional economic integration.