Singapore stocks fall at Friday's open; STI down 0.6%

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SINGAPORE shares pulled back at the open on Friday, with the benchmark Straits Times Index (STI) losing 14.78 points or 0.6 per cent to 2,581.19 as at 9am. Read more at The Business Times.

reported on Friday. However, Xihe has accused the bank of an"abuse of process".

Other active securities include Frencken, which was down 9.7 per cent or S$0.12 to S$1.12, while Genting Singapore slipped 1.4 per cent or S$0.01 to S$0.71.as disappointment over stalled Washington stimulus talks blunted the lift from better-than-expected labour data. The Dow Jones Industrial Average fell 0.3 per cent to 27,896.72, the broad-based S&P 500 shed 0.2 per cent to 3,373.43, while the tech-rich Nasdaq Composite Index added 0.3 per cent to 11,042.50.

overnight, as ex-dividend trading and a stronger pound hit the UK's blue-chips, while investors sold off banks and energy stocks that have outperformed this week. The pan-European Stoxx 600 closed 0.6 per cent lower on Thursday.. The benchmark Nikkei index rose 0.3 per cent to 23,316.88 in early trade, while the broader Topix index fell 0.2 per cent to 1,621.37.For daily updates on weekdays and specially selected content for the weekend.

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