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Singapore shares open flat on Friday

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SINGAPORE stocks opened 0.4 per cent higher on Friday, with the Straits Times Index (STI) adding 12.4 points to 3,092.36 - as all three major US stock indices closed at new highs overnight, as US President Donald Trump promised to release a much-anticipated plan for tax cuts soon.

About 119.9 million shares worth S$83.2 million changed hands as at 9am.

The most actively traded counters included SinoCloud, Noble Group and Equation.

Gainers outnumbered losers 87 to 41.

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