Singapore stocks fell again on Friday’s open—STI dropped 0.1% Singapore News

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The Straits Times Index dropped 0.1%, down by 2.12 points to 3,580.11 by 9.01 am, The Business Times reports. In the broader market, 61 stocks gained while 39 declined, after around 30.

8 million securities valued at S$41.2 million were traded.

Banking stocks saw a downward trend at the start of trading. UOB slipped by 0.1%, losing S$0.03 to trade at S$32.33. DBS also declined by 1%, dropping S$0.37 to S$37.93, while OCBC remained unchanged at S$15.23.US stocks surged on Thursday, boosted by strong earnings from Micron and signals from Beijing about a possible additional stimulus. Analysts noted that Micron’s profitability provided a significant lift to tech stocks, with the computer memory chip maker’s shares soaring by nearly 15%.

European stocks saw a sharp rise, led by gains in China-exposed companies following news of aggressive economic stimulus from China. Chip stocks also performed well, bolstered by Micron’s strong revenue outlook. The pan-European Stoxx 600 index rose by 1.3% to close at 525.61 points, a new record high and coming just 0.2 points short of its intraday peak.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 9. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Singapore stocks declined on Friday’s open—STI dropped 0.1% Singapore News%
La source: IndependentSG - 🏆 2. / 72 Lire la suite »

Singapore stocks open lower on Thursday—STI falls by 0.3% Singapore News%
La source: IndependentSG - 🏆 9. / 63 Lire la suite »

Singapore stocks declined at the start of Wednesday trading—STI dropped by 0.5% Singapore News%
La source: IndependentSG - 🏆 2. / 72 Lire la suite »