Singapore shares open higher on Friday; STI up 0.5% to 3,586.51
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SINGAPORE stocks opened higher on Friday, with the Straits Times Index gaining 0.5 per cent, or 16.49 points, to 3,586.51 as at 9.03am.
About 60.2 million shares worth S$106.4 million in total changed hands, which worked out to an average unit price of S$1.77 per share.
The most actively traded counter was Ezion, which rose S$0.004, or 3.13 per cent, to S$0.132 with 8.53 million shares changing hands. Other actives included Magnus Energy and Singtel.
Active index stocks included DBS at S$29.95, up S$0.21 or 0.71 per cent, and Venture at S$22.30, up S$0.08 or 0.36 per cent.
Gainers outnumbered losers 97 to 36.
In US stocks overnight, Wall Street stocks jumped on Thursday after blowout earnings from Facebook ignited a rally in shares of large technology companies. Among major indices, the Nasdaq Composite Index was the leader, piling on 1.6 per cent to 7,118.68.
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Tokyo stocks opened higher on Friday, underpinned by gains on Wall Street and investor confidence in corporate earnings, as well as expectations of a positive tone at a landmark inter-Korean summit.
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