Singapore stock market is on upward trend, optimism over tariffs and trade outlooks.

From Nasdaq, Inc.: 2025-05-18 20:00:00

The Singapore stock market is on an upward trend, with the Straits Times Index just below 3,900 points. Optimism over tariffs and trade outlooks is driving global markets higher, with Asian bourses expected to follow suit. On Friday, the STI closed slightly higher, with gains from trusts and mixed performances from other sectors. The Dow, NASDAQ, and S&P 500 all ended the week on a positive note, with the NASDAQ surging 7.2 percent. Crude oil futures also saw a strong increase on Friday, reaching $62.49 a barrel. Despite consumer sentiment data showing a decline in the U.S., traders remain optimistic about trade deals.



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