Singapore stocks: STI resumes Thursday afternoon at 3,059.69, up 0.11% on day

SINGAPORE stocks edged up as trading resumed on Thursday afternoon, with the Straits Times Index gaining 0.11 per cent or 3.22 points to 3,059.69 as at 1.01pm.

Among the most heavily traded by volume, Singtel moved down 1.0 per cent or S$0.03 to S$3.12 with 16.0 million shares traded. Yangzijiang Shipbuilding Holdings rose 3.4 per cent or S$0.03 to S$0.915 with 13.6 million shares traded. Rex International Holding advanced 1.3 per cent or S$0.001 to S$0.076 with 11.0 million shares traded.

In China, stocks weakened amid global recession worries mounting from US-China trade tensions, along with the possibility of a no-deal Brexit. The CSI300 index fell 0.4 per cent to 3,789.12 at the end of the morning session, while the Shanghai Composite Index slipped 0.1 per cent to 2,890.29.

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