Singapore stocks rise on Thursday

As at 9.01 am, $FTSE Singapore Straits Time Index(.STI.SG)$ rose 8.96 points or 0.3 per cent to 3,169.68. Across the broader market, gainers outnumbered losers 56 to 44 after 44.3 million securities worth S$67.8 million changed hands.

$Seatrium(S51.SG)$ was the most heavily traded counter by volume. It climbed 1.1 per cent to S$0.095 after 16.4 million securities were transacted.

Other companies that were briskly transacted included $Singtel(Z74.SG)$ which declined S$0.04 or 1.6 per cent to S$2.44, and $Oceanus(579.SG)$ which traded flat at S$0.008.

Over on Wall Street, stocks largely fell on Wednesday with the broad-based $S&P 500 Index(.SPX.US)$ slipping from a record by 0.2 per cent to 5,165.3. The tech-heavy $Nasdaq Composite Index(.IXIC.US)$ declined 0.5 per cent to 16,177.77, while $Dow Jones Industrial Average(.DJI.US)$ secured a gain of 0.1 per cent to 39,043.32.