Singapore stocks open higher on Monday; STI up 0.1%

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SINGAPORE shares began trading on Monday morning in slightly positive territory, with the Straits Times Index (STI) rising 1.72 points or 0.1 per cent to 2,993.25 as at 9am. Read more at The Business Times.

Other active stocks include Sarine Technologies, which advanced 3.5 Singapore cents or 5.7 per cent to 65 cents.

FJ Benjamin was also up, gaining 0.3 Singapore cent or 18.8 per cent to 1.9 cents. The mainboard-listed retailer on Sunday announced that it has obtained in-principle approval from the Singapore Exchange toOver on Wall Street,as investors grappled with worries over new coronavirus strains. The Dow Jones Industrial Average ended 0.6 per cent lower at 30,996.98, while the broad-based S&P 500 shed 0.3 per cent to 3,841.47. But the tech-rich Nasdaq Composite Index edged up 0.

 

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