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Singapore: STI open 8.13 pts higher following Wall Street gains

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THE Straits Times Index (STI) opened higher on Friday, up 8.13 points or 0.24 per cent, to 3,447.99 as at 9am, after Wall Street finished mostly higher on Thursday.

The S&P 500 rose to a new record on strong earnings from Best Buy and news that CVS Health would acquire senior pharmacy services company, Omnicare, for US$12.7 billion.

The most active stocks on the Singapore Exchange included YuuZoo (up 3 Singapore cents or 13.3 per cent to S$0.255), Keppel Corporation (up six Singapore cents to S$8.84) and CapitaLand (unchanged at S$3.64).

A total of 57.4 million shares worth S$134.8 million had changed hands at about 9.00am. Gainers outnumbered losers 97 to 36.

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