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S'pore bourse among the least hit in region by US tariff tsunami
The Straits Times
|April 04, 2025
• STI sheds 0.3 per cent as investors keep cool heads • Yangzijiang Shipbuilding is biggest loser on local index • Regional markets take sizeable hit but Shanghai slips just 0.2%
Local shares escaped relatively unscathed from the carnage unleashed on world stock markets by sweeping Trump tariffs that threaten to upend global trade.
Investors, taking grateful note that Singapore was hit with the lowest duty of 10 per cent, kept their heads on April 3.
The "keep calm and carry on" approach left the Straits Times Index (STI) down just 0.3 per cent or 11.98 points at 3,942.23, although losers thumped gainers 329 to 216 on robust trade of 1.3 billion securities worth $1.9 billion.
Denne historien er fra April 04, 2025-utgaven av The Straits Times.
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FLERE HISTORIER FRA The Straits Times
The Straits Times
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