Singapore Shares Open Higher On Friday; STI up 0.6%

SINGAPORE - Singapore stocks opened higher on Friday (Feb 23), with the Straits Times Index rising 0.6 per cent, or 22.61 points to 3,511.07 as at 9.03am.

This came despite US stocks ending mixed overnight, with the S&P 500 and the Dow inching up slightly, and the Nasdaq closing in the red.

On the Singapore bourse, about 54.2 million shares worth S$115.5 million changed hands. Gainers outnumbered losers 119 to 33.

The most actively traded counters were JEP Holdings which rose 7.9 per cent to 8.2 Singapore cents with 10.6 million shares traded; and Thai Beverage which was down 1.2 per cent to S$0.82, with 8.6 million shares traded.

Other active index stocks included OCBC Bank which was up 1.7 per cent, or 22 Singapore cents to S$13.32; and UOB which was up 1 per cent, or 27 Singapore cents to S$27.79.

Singapore Stocks Quit For The Day On Thursday

Bubbly cheer reached out to the Singapore showcase on Thursday, into equal parts day exchange in front of the Chinese New Year break. 

The benchmark Straits Times Index shut everything down 41.12 focuses, or 1.21 for every penny, at 3,443.98 - deleting the earlier day's 12.21-point drop. 

Gainers dwarfed failures 272 to 123, or a little more than two up for each one down. 

Around 1.1 billion offers worth S$1.04 billion changed hands. 

This was regardless of the value plunge in some file counters. 

Thai Beverage was a hot stock, finishing the actives list with 102.48 million offers exchanged - however for all the wrong reasons. 

It fell by S$0.06, or 6.59 percent, to S$0.85. 

The Singapore market will revive for exchanging on Monday.

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Singapore Shares Shut 1.1% Down On Friday In Wide Market SellOff

SINGAPORE stocks finished 1.1 for every penny bring down on Friday, with the Straits Times Index withdrawing 38.66 focuses on 3,377.24. 

Around 2.54 billion offers worth S$1.96 billion altogether changed hands, which worked out to a normal unit cost of S$0.77 per share. 

Proceeded with unpredictability in the market, incorporating a dive in China stocks and the earlier night's 4 for each penny drop in US stocks, overloaded the file. 

Solid purchasing supposition for DBS, be that as it may, implied that while it tumbled to as low as S$25.92, it, in the long run, finished exchanging unaltered at S$26.71. 

Failures dwarfed gainers 448 to 85, or around five down for each one up.

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