Singapore shares end flat on Friday, STI up 0.1% on the week

ON Friday, markets in Asia took to news that China assured it will prop up slowing economic growth with fiscal stimulus, and progress on trade talks between the US and China had been made.

Trading on the Singapore bourse clocked in at 1.59 billion securities worth S$1.82 billion. Advancers outnumbered decliners 206 to 169. The other local banks also gained on the day. OCBC Bank closed nine Singapore cents or 0.8 per cent higher at S$11.13, while United Overseas Bank added S$0.19 or 0.8 per cent to end at S$25.24.

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