Singapore Shares Track Wall Street Gains on Fresh Tariff Hopes to End Higher; DBS Gains 1%

MT Newswires

03-25

Singapore shares rose on Tuesday, tracking Wall Street's gains overnight after US president Donald Trump indicated that not all the levies will be imposed on April 2, with some countries expecting breaks.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,946.59 and 3,985.72 throughout the day. It ended the session at 3,954.53, up 18.20 points or 0.46% compared to Monday's close.

In company news, shares of ESR REIT (SGX:J91U) were up over 2% after it completed the divestment of two logistics properties at 1 Third Lok Yang Road and 4 Fourth Lok Yang Road in Singapore for SG$6.8 million.

Yangzijiang Shipbuilding (SGX:BS6) closed 1% higher as it completed a capital injection to acquire a 34% equity stake in Tsuneishi Group (Zhoushan) Shipbuilding, a subsidiary of Tsuneishi Holdings.

Meanwhile, Keppel DC REIT (SGX:AJBU) closed nearly flat after it completed the divestment of the Kelsterbach Data Centre in Frankfurt, Germany for 50 million euros.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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