Singapore shares open 7 points down

Anita Gabriel

Anita Gabriel

Published Fri, May 26, 2017 · 01:09 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    SHARES prices in the local bourse opened lower with the key Straits Times Index at 3,227.11, down 7.26 points.

    Some 64 million shares worth S$81 million were traded with 65 counters up and 42 down.

    The weak opening comes despite a robust showing in Wall Street - two key US stock indices, the S&P 500 and Nasdaq Composite, closed at record highs overnight on Thursday as stocks advanced for a sixth straight session buoyed by strong earnings reports from retailers.

    Copyright SPH Media. All rights reserved.