Singapore, Asia stocks rise amid uncertainty over Trump’s new 15% global tariffs

The Straits Times Index closed at 5,041.33 on Feb 23, marking an increase of over 23 points, or 0.5 per cent. -- ST PHOTO: BRIAN TEO

SINGAPORE (The Straits Times/ANN): The Singapore stock market appeared largely unruffled by President Donald Trump’s announcement that he would impose new global levies of 15 per cent after the US Supreme Court on Feb 20 struck down his Liberation Day tariffs.

The Straits Times Index (STI) was up 0.3 per cent, to 5,032.41 at the midday trading break, after briefly dipping below its previous close soon after the stock market opened. It closed at 5,041.33 on Feb 23, marking an increase of over 23 points, or 0.5 per cent.