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Singapore stocks: STI resumes Friday afternoon at 3,159.23, up 0.41% on day

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SINGAPORE stocks opened higher as trading resumed on Friday afternoon, with the Straits Times Index increasing 0.41 per cent or 13.05 points to 3,159.23 as at 1.03pm after a stronger opening in other Asia markets. Read more at The Business Times.

SINGAPORE stocks opened higher as trading resumed on Friday afternoon, with the Straits Times Index increasing 0.41 per cent or 13.05 points to 3,159.23 as at 1.03pm after a stronger opening in other Asia markets.

Gainers outnumbered losers 160 to 109, or about three securities up for every two down, after 247.8 million securities worth S$379.9 million changed hands. Among the most heavily traded by volume, Blumont Group held firm to S$0.002 with 16.9 million shares traded. Genting Singapore rose 1.2 per cent or S$0.01 to S$0.875 with 13.2 million shares traded. Chasen Holdings moved up 3.9 per cent or S$0.003 to S$0.08 with 9.9 million shares traded.

Active index stocks included Singtel, up 0.6 per cent or S$0.02 to S$3.27; and ST Engineering, up 1.2 per cent or S$0.05 to S$4.07.Banking stocks were also trading higher, with DBS Group Holdings up 0.3 per cent or S$0.08 to S$24.33; United Overseas Bank, up 1.0 per cent or S$0.24 to S$24.20; and OCBC Bank, up 0.5 per cent or S$0.05 to S$10.62.

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Stocks to watch: ST Engineering, Frasers Logistics & Industrial Trust, Kingsmen Creatives, HC Surgical SpecialistsTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
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