Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%

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The Straits Times 11h ago

Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2% - The Straits Times

Quick Summary:

The local lenders were mixed: DBS Bank gained 1 per cent to $42.78; OCBC Bank was up 0.6 per cent to $16.26; and UOB fell 0.1 per cent to $35.50.

Hong Kong’s Hang Seng Index shed 0.1 per cent, while Japan’s Nikkei 225 retreated 1.7 per cent and the Kospi in Seoul declined 2.6 per cent.

Thai Beverage was the STI’s top gainer, rising 2 per cent to 52 cents, while Frasers Logistics and Commercial Trust was at the bottom of the table, shedding 3 per cent to 97 cents.