All three local banks gained ground in early trade. DBS advanced S$0.14 or 0.7 per cent to S$21.53, UOB rose S$0.05 or 0.3 per cent to S$19.65, while OCBC edged up S$0.03 or 0.3 per cent to S$8.77.
US stocks ended the week mixed on Friday. The benchmark Dow Jones Industrial Average put on 0.4 per cent to finish a volatile week at 28,606.31, while the broad-based S&P 500 rose 0.1 per cent to 3,483.81. But declines by industry titans such as Amazon, Apple and Netflix reversed early gains in the tech-rich Nasdaq, which slipped 0.4 per cent to close at 11,671.55.
Elsewhere in Asia, Tokyo stocks opened higher on Monday, with bargain-hunting purchases supporting the market. The benchmark Nikkei 225 index advanced 0.8 per cent or 197.03 points to 23,607.66, while the broader Topix index gained 0.8 per cent or 12.06 points to 1,629.75.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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