Singapore stock market expected to open higher due to easing tariff concerns

From Nasdaq: 2025-05-27 20:03:00

The Singapore stock market has been fluctuating between positive and negative finishes, but is expected to open higher on Wednesday. The global forecast for Asian markets is upbeat due to easing tariff and trade war concerns. The STI closed higher on Tuesday, with gains from financial, property, and industrial stocks. Wall Street saw major averages spike, with the Dow rising 1.78 percent. President Trump delayed a threatened 50 percent tariff on EU imports, boosting market sentiment. U.S. consumer confidence improved in May. Crude oil prices fell due to concerns about OPEC output.



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