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Singapore stocks edged higher at the open on Thursday—STI rose 0.1% Singapore News

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Singapore stocks edged higher at the open on Thursday following a mixed performance in global markets the night before. The Straits Times Index rose 0.1%, or 4.61 points, to 3,748.

25 by 9:04 am, according to The Business Times.

Genting Singapore led the trading volume, increasing by 0.7%, or S$0.005, to S$0.78, with six million shares exchanged. Thai Beverage, another heavily traded stock, dropped 1.9%, or S$0.01, to S$0.51. Advanced Systems saw the steepest decline, falling 4.8%, or S$0.001, to S$0.02. In the United States, Wall Street closed mixed on Wednesday as investors awaited Nvidia’s third-quarter earnings. Despite beating expectations, the company’s stock dropped by 3% within 20 minutes of the report.The Dow Jones Industrial Average rose 0.3% to close at 43,408.47. The Nasdaq Composite Index edged down 0.1% to 18,966.14, while the S&P 500 remained flat at 5,917.11.

 

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