Singapore shares rise at Monday’s open
Singapore stocks were pulled into positive territory on Monday (Jan 15), supported by gains from bank stocks and other index counters.
Singapore’s $FTSE Singapore Straits Time Index(.STI.SG$ headed up 0.3 per cent or 10.6 points to 3,202.32 as at 9.01 am. Across the broader market, gainers outnumbered losers 82 to 37, after 52.9 million securities worth S$46.7 million changed hands.
The most active counter by volume was $ThaiBev(Y92.SG$ , which held steady at S$0.535 with 6.3 million shares traded.
Other heavily traded securities included $Seatrium(S51.SG$ , which lost 0.9 per cent or S$0.001 to S$0.112, and $HPH Trust USD(NS8U.SG$ , which remained unchanged at US$0.155 with three million units traded.
Other active index counters included $CapLand IntCom T(C38U.SG$ , which added 1 per cent or S$0.02 to S$2.03, and $Singtel(Z74.SG$ , which was up 0.8 per cent or S$0.02 at S$2.43.
Stocks on Wall Street closed on Friday mixed amid better inflation data and mixed corporate earnings. US wholesale prices inched down 0.1 per cent in December, countering a Thursday report which indicated a rise in consumer prices.
$Dow Jones Industrial Average(.DJI.US$ slipped 0.3 per cent to 37,592.98. The broad-based $S&P 500 Index(.SPX.US$ rose 0.1 per cent to 4,783.83, while the tech-rich $Nasdaq Composite Index(.IXIC.US$ closed flat at 14,972.76.
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