Singapore shares open slightly higher on Friday
SINGAPORE share prices opened higher on Friday with the Straits Times Index up 0.11 points to 2,958.97 as at 9.03am. Wall Street extended its rally overnight to fresh records on hopes US president-elect Donald Trump will ring in tax cuts, deregulation and fiscal stimulus.
Top gainers in early-morning trade included City Developments and SATS.
Some 55.2 million shares worth S$124 million changed hands, with gainers outnumbering losers 75 to 48.
KEYWORDS IN THIS ARTICLE
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
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard