Singapore stocks open flat on Monday

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SINGAPORE shares struggled to advance at the start of the week, with the key Straits Times Index inching up 0.02 point to 2,618.50 as at 9.02am on Monday. This comes after Singapore stocks similarly drifted through most of Friday, after a dull, directionless session. Read more at The Business Times.

On the Singapore bourse, gainers outnumbered losers 76 to 45, after about 44.6 million securities worth S$36.3 million changed hands.

Among the most heavily traded by volume, Medtecs International gained 3.5 Singapore cents or 5.6 per cent to 66 cents, with 6.7 million shares traded, while Singapore-eDevelopment added 0.4 Singapore cent or 4.4 per cent to 9.5 cents, with 3.6 million shares changing hands. Banking stocks were mixed in early trade. DBS gained S$0.01 or 0.05 per cent to S$21.39, United Overseas Bank slipped S$0.06 or 0.3 per cent to S$20.50, while OCBC Bank was flat at S$9.17.

Other active stocks include Top Glove, which rose S$0.44 or 5.9 per cent to S$7.96, and Biolidics, which advanced two Singapore cents or 4.8 per cent to 43.5 cents.

 

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