Singapore stocks fall at open after Wall Street resumes slide; STI down 0.4%

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SINGAPORE shares opened weaker on Friday following overnight losses on Wall Street as US stocks resumed a downward trend. Read more at The Business Times.

AEM Holdings advanced 4.6 per cent or S$0.15 to S$3.44, with 1.8 million shares traded. The company, which provides advanced chip-testing solutions, on Thursday revised its FY2020 revenue guidance upwards to between S$480 million and S$500 million. It had, in its H1 2020 results announcement, pegged it at between S$460 million and S$480 million.

Other active index counters include Wilmar International, which held steady at S$4.17, and Ascendas Real Estate Investment Trust, which fell 0.9 per cent or S$0.03 to S$3.24.

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