Singapore shares rise after Trump delays tariffs; STI up 0.38% at Thursday’s open

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SINGAPORE stocks opened stronger on Thursday morning, tracking gains in global markets after US President Donald Trump said he will delay the next tariff increase on China by about two weeks. Read more at The Business Times.

Banking stocks rose in early morning trade. DBS was trading up 0.55 per cent or 14 cents to S$25.39, following a report byin assets under management. UOB edged up 0.08 per cent or two cents to S$26.39, while OCBC Bank gained 0.18 per cent or two cents to S$11.02 as at 9.02am.

Other active index securities included Singapore Airlines which moved up 1.11 per cent or 10 cents to S$9.13, and Yangzijiang Shipbuilding which jumped 2.83 per cent or three cents to S$1.09 at 9.02am. Keppel DC Reit was down 0.56 per cent or one Singapore cent to S$1.78 as at 9.01am. The data-centre real estate investment trust will be

 

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