Floating Button
Home News Singapore economy

STI opens lower on April 9, slips further to 3,385.88 points

Jovi Ho
Jovi Ho • 1 min read
STI opens lower on April 9, slips further to 3,385.88 points
Trump has vowed to raise his 34% additional tariff on Chinese goods to 50%, and the cumulative tariff for Chinese goods entering the US will be 104% from April 10. Photo: Bloomberg
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

The Straits Times Index (STI) opened 1% lower on April 9 after three consecutive sessions of declines as US President Donald Trump ramped up his tariff rhetoric.

The STI fell to a low of 3,385.88 points within the first 10 minutes of trading, 1.5% down from its open of 3,437.46 points and previous close of 3,469.47 points. 

Leading the losers were Mapletree Logistics Trust (SGX:M44U) , which declined 5.22%; Hongkong Land, down 5.2%; and Yangzijiang Shipbuilding, down 4.21%.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.