Singapore shares open flat on Friday, after US stocks rise overnight

SINGAPORE share prices opened flat on Friday, after US stocks snapped a five-day losing streak on Thursday, rising despite concerns about next week's British vote on whether to leave the European Union.

The Straits Times Index was down by 18.14 points or 0.66 per cent to 2,769.70 points as at 9.00am. Some 32 million shares worth S$27 million changed hands, with gainers outnumbering losers 77 to 31.

Among the most active stocks on Friday morning were Yongnam, which fell by 50 per cent to 0.1 Singapore cent, and Addvalue Tech, which fell by 3 per cent to 3.2 Singapore cents, as at 9.02am.