Singapore Stocks Reclaim Record High on Haven Demand in Iran War The tumultuous events unfolding in the Middle East have sent shockwaves through global markets.
Amidst the chaos, Singapore's stock market has emerged as a beacon of stability. As tensions between the US and Iran continue to escalate, investors are flocking to the Lion City in search of safe haven assets.
This surge in demand has propelled Singaporean stocks to record highs, with the Straits Times Index (STI) breaking above 3,200 for the first time.