Singapore shares open flat on Friday
Singapore shares opened flat on Friday (Mar 1) morning, despite overnight gains in global markets.
$FTSE Singapore Straits Time Index(.STI.SG$ was flat, falling just 0.09 point to 3,141.76 as at 9.01 am. Across the broader market, gainers outnumbered losers 78 to 57, with 77.7 million securities worth S$98.6 million having changed hands.
$Seatrium(S51.SG$ was the most heavily traded counter by volume. It traded flat at S$0.09 after 22.7 million securities were transacted.
Other companies that were briskly traded included $ThaiBev(Y92.SG$ , which also traded flat at S$0.505 after 8.2 million securities were transacted, and $Golden Agri-Res(E5H.SG$ , which gained 1.9 per cent or S$0.005 to S$0.27.
Over on Wall Street, stocks climbed on Thursday as investors assessed a key US inflation gauge, while the tech-focused $Nasdaq Composite Index(.IXIC.US$ set a new record. $Dow Jones Industrial Average(.DJI.US$ rose 0.1 per cent to 38,996.39, and $S&P 500 Index(.SPX.US$ gained 0.5 per cent to 5,096.27. The Nasdaq surged 0.9 per cent to 16,091.92, surpassing a 2021 high.
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