Singapore shares edge up at Monday’s open
Singapore stocks opened stronger at Monday’s (Jul 10) open, following global markets closing mixed on Friday.
$FTSE Singapore Straits Time Index(.STI.SG$ rose 0.1 per cent or 1.7 points to 3,141.17 as at 9.02 am. Gainers outnumbered losers 58 to 53, after 75.2 million securities worth S$44.4 million changed hands.
The most active counter by volume was $Seatrium(S51.SG$ , which rose 1.6 per cent or S$0.002 to S$0.127 with 36.5 million shares transacted.
Other heavily traded securities included $Healthway Med(5NG.SG$ , which lost 2.1 per cent or S$0.001 to S$0.046, with 5.9 million shares changing hands, as well as $Golden Agri-Res(E5H.SG$ which gained 2.1 per cent or S$0.005 to S$0.245, with 4.8 million shares traded.
US indices closed lower on Friday, following mixed employment data of slower hiring but a lower unemployment rate. Rate-hike fears remained due to strong wage growth.
The tech-rich $Nasdaq Composite Index(.IXIC.US$ slipped 0.1 per cent to 13,660.72. The broad-based $S&P 500 Index(.SPX.US$ finished down 0.3 per cent at 4,398.95, while $Dow Jones Industrial Average(.DJI.US$ dropped 0.6 per cent to 33,734.88.
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