Singapore Market Update: Singapore shares open 0.1% up on Friday

04 Aug

SINGAPORE stocks opened 0.1 for every penny higher on Friday, with the Straits Times Index rising 2.69 focuses to 3,345.61 as at 9 am, on the back of blended US showcases overnight.

Singapore Share Market

The S&P 500 and the Nasdaq fell on Thursday, burdened by Amazon, Apple, and other innovation stocks, while the Dow Jones Industrial Average edged up to a seventh straight record high. Speculators are viewing monetary information for signs on the well-being of the US economy in front of the definitely anticipated US occupations information to be discharged on Friday. Experts recommend that the US included 181,000 employments in July and that the joblessness rate ticked down a tenth to 4.3 for each penny.

On the Singapore bourse, around 34.7 million offers worth S$57 million altogether changed hands, which worked out to a normal unit cost of S$1.64 per share.

The most effectively exchanged counter was Addvalue Tech, which rose S$0.001 to S$0.050 with 3.6 million offers evolving hands. Different actives included Genting Sing and Ying Li International.

Gainers dwarfed washouts 66 to 59, or around nine up for each eight down.

Somewhere else, Japan’s Nikkei dropped 0.4 for every penny on a more grounded yen, while South Korea’s Kospi which shut at a three-and-a-half-week low on Thursday, recuperated 0.3 for each penny, Reuters revealed.

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Posted by on August 4, 2017 in Stocks


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