Singapore stocks drop 0.5% as Trump and Xi meet in Washington for trade talks

On September 24, 2026, Singapore stocks ended lower, with the Straits Times Index dropping 0.5% to 5,683.37, as regional markets showed mixed performance ahead of a US-China summit in Washington. The meeting between President Donald Trump and President Xi Jinping was their second in 2026, focusing on trade, technology, and Taiwan. The trade truce had been extended to January 10, 2027. In Singapore, Venture Corporation rose 0.7%, while City Developments fell 2.4%. Banks declined, and losers outnumbered gainers on the broader market.