Singapore Shares Muted as Regional Losses Following Trump's Latest Tariff Comments
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Singapore shares showed slight gains on Thursday, with the Straits Times Index (STI) closing at 3,922.20, up 0.08%. This occurred despite regional losses following President Trump's comments on unilateral tariffs, raising trade war concerns. Notable company movements included Zhongmin Baihui Retail's shares rising nearly 4% due to a subsidiary's new venture, and Talkmed's shares increasing over 2% ahead of a High Court hearing related to its privatization. Additionally, CapitaLand China Trust's subsidiary entered a conditional agreement for the sale of a commercial property in Hunan.
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