Singapore Shares Close Flat as Investors Weigh U.S. Tariff Threats -- Market Talk

Dow Jones

03-14

0931 GMT - Singapore's FTSE Straits Times Index closed flat at 3836.02. With few catalysts from Asia, focus has remained firmly on trade-related tariff news overnight, UOB Global Economics & Markets Research team said in a note. U.S. President Trump's threat to impose a 200% tariff on U.S. imports of European alcohol weighed on investor sentiment. Among decliners, Sembcorp Industries dropped 2.1%, Seatrium fell 0.95% and Jardine Matheson Holdings lost 0.9%. Meanwhile, Frasers Logistics & Commercial Trust climbed 1.7% and Wilmar International rose 1.85%. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

March 14, 2025 05:31 ET (09:31 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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