Singapore stocks open lower on Friday amid global tech selloff—STI dropped by 0.6%

Singapore stocks open lower on Friday, July 19, following losses on Wall Street and Europe, driven by a selloff in technology stocks.

Yoma Strategic was the most actively traded stock by volume. However, it saw a significant drop, losing 6.6% or S$0.009 to S$0.128, with 8.3 million shares traded. Thai Beverage also saw heavy trading, rising by 1% or S$0.005 to S$0.505, with 5.1 million shares changing hands. Genting Singapore, on the other hand, fell by 0.6% or S$0.005 to S$0.855, with four million shares traded.

The Dow Jones Industrial Average dropped by 1.3% to 40,665.02, snapping a streak of three consecutive record highs. The S&P 500 fell by 0.8% to 5,544.59, and the tech-heavy Nasdaq Composite Index declined by 0.7% to 17,871.22.

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Singapore stocks lower again on Friday—STI dropped by 0.1%The broader market saw more gainers than losers, with a total of 46.3 million securities valued at S$55.7 million traded in early deals.
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Singapore stocks open higher on Friday—STI rose by 0.2%In the broader market, 59 stocks gained and 36 lost, with 35.4 million securities exchanged, valued at S$46.8 million.
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Singapore stocks open higher on Friday morning following latest GDP data—STI rose by 0.5%In the broader market, gainers outnumbered losers, with 83 stocks advancing and 35 declining.
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