Singapore shares open higher on Monday after Wall Street rally
SINGAPORE share prices opened higher on Monday with the Straits Times Index up 2.48 points to 2,839.48 as at 9.01am, following Wall Street rally on Friday. The S&P 500 and Dow Jones Industrial average closed at two-month highs on Friday, bolstered by a better-than-expected US jobs report and another rise in oil prices.
Top gainers in early-morning trade included Ezra Holdings, Noble and Rex International.
Some 60.4 million shares worth S$84.6 million changed hands, with gainers outnumbering losers 92 to 27.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data
US: Stocks hit by GDP data, Meta results
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses