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S'pore stocks inch up on hopes of Trump-Xi talks this week

June 04, 2025

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The Straits Times

• STI up 0.1%; gainers beat losers 313 to 192 in broader market • Yangzijiang tops index with 4.3% surge; banking trio down • Regional bourses mixed, as HK rises while Tokyo, KL dip

- Romaine Chan

Local stocks ended higher on June 3 as investors anticipated possible trade talks between China and the US, with the confirmation that tariffs on some Chinese goods will be extended till Aug 31.

The benchmark Straits Times Index (STI) rose 0.1 per cent or 3.79 points to 3,894.38.

In the broader market, gainers beat losers 313 to 192 as 1.1 billion securities worth $1.33 billion changed hands.

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