Banking stocks were mostly down in early trade. UOB dipped S$0.10 or 0.4 per cent to S$22.97, OCBC fell S$0.04 or 0.4 per cent to S$10.03, while DBS was flat at S$25.50.
Other active securities include Mapletree Logistics Trust, which shed S$0.02 or 1 per cent to S$1.95. Meanwhile, medtech firm Biolidics soared 5.5 Singapore cents or 17.7 per cent to 36.5 cents. This comes after the Catalist-listed company said it has received the green light from the authorities to distribute and use Covid-19 antibody test kits in Indonesia. In another filing on Thursday, Biolidics announced that it will distribute Chinese biotech firm JOYSBIO Biotechnology's Covid-19 antigen rapid test kits.
Elsewhere in Asia, Tokyo shares opened flat on Friday, as a rise in new coronavirus cases in Japan weighed on the market. The benchmark Nikkei 225 index slipped 0.01 per cent or 2.9 points to 26,534.41 in early trade, while the broader Topix index gained 0.2 per cent or 3.84 points to 1,782.09.For daily updates on weekdays and specially selected content for the weekend. Subscribe to