Singapore stocks opened with steady gains on Thursday—STI rose by 0.6%

📆 11/07/2024 13.02.00
📰 IndependentSG

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The broader market also showed a positive trend, as 49.3 million securities worth S$63.2 million were traded in the early hours.

Singapore stocks opened with steady gains on Thursday, July 11, mirroring the strong gains seen in global markets overnight.

The broader market also showed a positive trend, with 74 gainers outnumbering 24 losers, after 49.3 million securities worth S$63.2 million were traded in the early hours. Insurtech firm V2Y Holdings also attracted significant attention. After requesting a trading halt on Monday, the company resumed trading in large volumes following the announcement of its proposed S$2 million placement. V2Y shares jumped by S$0.003 or 20% to S$0.018, reflecting strong investor confidence in the company’s future prospects.

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