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S'pore market rides on regional gains despite unease over tariffs

The Straits Times

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August 08, 2025

• STI up 0.7%; Yangzijiang top gainer while UOB leads falls • Gainers lead losers 320-201 on robust trade in broader market • Australia is outlier in a firmer day for region

- Ranamita Chakraborty

Gains across regional markets gave investors all the excuse they needed to push local shares up for the fourth straight day despite continuing unease over tariffs.

The heady sentiment left the benchmark Straits Times Index (STI) up 0.7 per cent or 30.45 points at 4,258.15 on Aug 7 with gainers outstripping losers 320 to 201 on robust trade of two billion securities worth $2.1 billion.

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