Singapore Shares Surge as Tariff Uncertainty Lingers; Pavillon Surges 15%

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2025.05.27 10:00
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Singapore shares rose on Tuesday amid ongoing tariff uncertainties from Donald Trump's trade war, with the Straits Times Index closing at 3,896.09, up 0.53%. Pavillon's shares surged over 15% after selling 2,261,000 shares in Lingbao Gold. Boustead Singapore's shares increased nearly 5% following a 58% profit jump to SG$59.1 million in fiscal H2. The Hour Glass saw a nearly 1% rise after acquiring an Australian SPV for AU$90 million.