Summary: The Straits Times Index (STI) rose by 0.4% to 4,047.86, with ST Engineering leading gains and Mapletree Logistics Trust experiencing the largest loss. The announcement of new US tariffs on 14 countries, excluding Singapore, influenced the market. While some ASEAN countries faced higher tariffs, others saw reductions, impacting their growth forecasts.

Link: https://www.straitstimes.com/business/companies-markets/singapore-stocks-hold-firm-after-latest-salvo-of-us-tariffs-sti-up-0-4