Singapore: Stocks open lower despite gains in Asian stocks
THE benchmark Singapore Straits Times Index (STI) opened slightly lower on Wednesday despite gains in Japanese stocks and higher Chinese stock futures.
At 9.03am, the STI index was at 3,503.88, down 4.73 points or 0.13 per cent.
However, gainers outnumbered losers 90 to 55.
As of 9.01am, Noble Group topped value traded, up half a cent to S$0.875 after promising on Wednesday morning more transparency, starting with greater disclosures in its first quarter 2015 results, scheduled for release on May 7. This comes after concerns over transparency were raised following its annual general meeting last Friday.
Other than Noble, other stocks in the top five by value traded were ST Engineering, SPH, Sembcorp Industries and Singtel.
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
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
Hong Kong spot crypto ETFs to start trading next week