Singapore shares climb at Thursday’s open
Singapore stocks advanced on Thursday (Apr 18) morning, despite losses in the US market and mixed results in regional markets.
$FTSE Singapore Straits Time Index(.STI.SG$ rose 10.06 points or 0.3 per cent to 3,164.75. Across the broader market, gainers outnumbered losers 63 to 43 after 73.8 million securities worth S$64.3 million changed hands.
$Seatrium(S51.SG$ was the most heavily traded counter by volume. The counter was up S$0.001 or 1.3 per cent at S$0.078, after 37.7 million securities were transacted.
Other counters that were briskly traded included $Genting Sing(G13.SG$ which remained unchanged at S$0.91, after four million shares changed hands, and $The Place Holdings Ltd(E27.SG$ which rose S$0.002 or 40 per cent to S$0.007, after three million shares were transacted.
Over on Wall Street, main indexes slipped on Wednesday, with chip stocks taking a hit. The tech-rich $Nasdaq Composite Index(.IXIC.US$ slipped 1.2 per cent to 15,683.37. The broad-based $S&P 500 Index(.SPX.US$ shed 0.6 per cent to 5,022.21, while $Dow Jones Industrial Average(.DJI.US$ also retreated 0.1 per cent to 37,753.31.
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