Singapore stocks begin the week on a high note—STI increased by 0.7%

Singapore stocks began the week on a high note on Monday, July 29, following a positive trend in global equities.

The Straits Times Index opened at 3,449.73, marking a 0.7% increase, or 23.26 points higher, as of 9:01 am, as reported by The Business Times. Seatrium was one of the most actively traded stocks, gaining 6% or S$0.09 to S$1.59, with 11.7 million shares traded. Medi Lifestyle saw a significant jump, soaring 63.6% or S$0.007 to S$0.018. Yoma Strategic also saw positive movement, moving up 1.6% or S$0.002 to S$0.131.

The banking sector also experienced gains at the market’s opening. DBS increased 0.5% or S$0.17 to S$36.41, UOB advanced 0.8% or S$0.27 to S$32.47, and OCBC rose 0.6% or S$0.09 to S$14.86. On Wall Street, stocks closed higher last Friday after improved US inflation figures. The Dow Jones Industrial Average advanced 1.6% to close at 40,589.34. The S&P 500 edged up 1.1% to 5,459.1, while the tech-heavy Nasdaq Composite rose 1% to 17,357.88.European markets also saw gains, with several sectors, including luxury goods, reporting better earnings. The pan-European Stoxx 600 index ended up 0.8%, reaching 512.83.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Why Singapore firms are entering the German market, and how Enterprise Singapore is helping themEnterprise Singapore, which champions internationalisation, said it has seen a spike in companies exploring opportunities in Europe post-pandemic.
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »