The Business Times reports that, as of 9:01 a.m., the Straits Times Index edged up by 3.56 points or 0.1% to reach 3,180.07.was the most actively traded counter by volume, maintaining its position unchanged at S$0.077 after 12.6 million securities were exchanged.
Other actively traded stocks included Genting Singapore, up 0.5 per cent or S$0.005 at S$0.925, with 1.8 million shares changing hands, and King Wan, which traded flat at S$0.027, with 1.5 million securities exchanged.DBS recorded a significant decline of 9.5% or S$3.47 to S$32.94, OCBC rose by 0.3% or S$0.04 to S$13.73, and UOB climbed 0.2% or S$0.07 to S$30.
On Wall Street, the Nasdaq and the S&P 500 concluded Friday’s trading session in negative territory, partly attributed by analysts to Netflix’s lower-than-expected financial earnings.However, the Dow Jones Industrial Average experienced a modest increase, closing by 0.6% at 37,986.40, partly fueled by better-than-anticipated first-quarter financial results from payments company American Express.
In Europe, shares closed with little change on Friday, marking a third consecutive week of declines amid geopolitical tensions and investor concerns over delayed interest rate cuts. The pan-European Stoxx 600 slipped by 0.1%, closing at 499.29. /Lifestyle STEM employee asks how his “useless project manager” can still be employed with the company for over 8 years
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