Singapore stocks open higher on Friday morning, July 12, reflecting positive sentiment from the latest economic data. The Ministry of Trade and Industry reported a 2.9% year-on-year GDP increase, close to the revised 3% growth seen in the first quarter, according to advance estimates.
A total of 70.2 million securities worth S$109.9 million were traded. Yoma Strategic also saw significant activity, jumping 6.5%, or S$0.007, to S$0.115. Meanwhile, units of Mapletree Logistics Trust climbed by 1.5%, or S$0.02, to S$1.34.
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